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Brazil
Energy Investment
Brazil's Omega Geração Buys Stake in EDF Renewables Wind Farms
It added that it was in talks to buy additional wind farms with 265 MW in capacity and has until December to make an offer.
United States
IEA Lowers 2020 Oil Demand Forecast Citing Dismal Aviation Sector
The International Energy Agency (IEA) cut its 2020 oil demand forecast on Thursday, warning that reduced air travel due to the coronavirus pandemic would lower …
Gas power plant
Siemens and BP to Expand Largest Gas-to-Power Project in Latin America
Brazil-based State Power Investment Corporation, has signed a deal with EIG Global Energy Partners, bp and Siemens to acquire a 33% stake in the largest gas-to-…
LNG
Brazil’s SPIC to Acquire Stake in LNG-to-Power Projects
Brazil’s State Power Investment Corporation (SPIC) has signed an agreement with Siemens, BP and Prumo to acquire a 33% stake in two LNG-to-power projects.
Oil Field
Petrobras Reaches Record Buzios Output in July
Brazilian oil major Petrobras has broken a monthly oil production record on its Buzios deepwater field offshore Brazil.
Wind Farm
Voltalia Begins 59MW Wind Farm Construction in Brazil
Global renewable energy company Voltalia has started construction works on a new wind farm in the Serra Branca cluster, Brazil.
Electricity Transmission
Brazil's State-Owned Eletrobras to Invest $1 Billion a year Through 2035
Brazilian state-owned power company Eletrobras plans to invest 6 billion reais per year until 2035 expanding its power generation and transmission.
Wind Farm
Brazil's Omega Buys 583 MW of Wind Assets from Eletrobras
Brazilian power distributor Centrais Eletricas Brasileiras SA (BVMF:ELET3), or Eletrobras, has approved the sale of equity interests in 582.8 MW of wind power a…
Solar Power Panel
Brazil Zero Rates Import of Certain Solar Products
Brazil has changed its mind about tax tariffs on certain solar goods by eliminating import duties.
Energy Investment
Brazil’s Eneva Offers $1.4bn to Acquire Stake in AES Tiete
Brazilian power generation company Eneva has reportedly submitted an offer of a $1.44bn (BRL7.5bn) to acquire a controlling stake in AES Tiete Energia.
LNG
Golar to Supply LNG to Norsk Hydro Aluminum Smelter
LNG and energy firm Golar Power signed a memorandum of understanding with fellow Norwegian firm Norsk Hydro to supply LNG to its Hydro Alunorte smelter.
Solar Power Plant
Brookfield Renewable to Acquire 1.2GW Solar Project in Brazil
Brookfield Renewable Partners and its institutional partners have signed an agreement to acquire a 1.2GW advanced solar development project in Brazil.
Energy Investment
Castlelake's Ibitu Energia to Invest $837m in Renewable Energy Assets
Brazil's Ibitu Energia has reportedly planned to invest nearly $837m in renewable energy assets over the next five years.
Oil Field
Petrobras Reaches New Production Record at Búzios Field
Brazilian oil and gas company Petrobras has reached a production record on its operated Búzios field located in the Santos Basin pre-salt offshore Brazil.
Oil Pipeline
Brazil Resumes Open Season for Gas Pipeline
Brazil's hydrocarbons regulator will resume an open season for access to the Bolivia-Brazil natural gas pipeline.
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