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Brazil
OPEC
Brazil Joins OPEC+
Brazil has joined OPEC+ two years after the group extended an invitation, but its membership will not be binding with regard to production cuts, the country&rsq…
Metal
Anglo Sells Brazil Assets for $500M, Targets June to Demerge Amplats
Anglo American’s Barro Alto nickel mine in Brazil.Anglo American (LSE: AAL) has set a June deadline to demerge its platinum business and has agreed to sel…
Metal
Vale, Cyclone Metals Sign $138M Development Agreement for Canada’s Iron Bear Project
The project contains iron ore resources of 16.6bt at 29.3% iron.Australian miner Cyclone Metals has signed a binding commercial agreement with Brazilian mining …
Biofuel
Brazil to Keep Mandatory Biodiesel Blend at 14%, Minister Says
Minister of Mines and Energy of Brazil Alexandre Silveira speaks during an interview during CERAWeek by S&P Global in Houston, Texas, U.S. March 21, 2024.Brazil…
Battery
Problems With Brazil’s Planned Battery Auction
A storage project in BrasilWith Brazil’s Ministry of Mines and Energy asking for feedback about how it should structure procurement of battery energy stor…
Oil&Gas Drilling
Petrobras Strikes Black Gold Within Producing Oil Field’s Pre-salt Offshore Brazil
Map showing location of new discoveryBrazilian state-owned energy heavyweight Petrobras has made a new oil discovery in the pre-salt area of its existing field …
Oil&Gas Drilling
SBM Offshore’s Giant FPSO Switches to Oil Production Mode at Petrobras’ Deepwater Field
Brazilian state-owned energy heavyweight Petrobras has confirmed the first oil from a new floating production, storage, and offloading (FPSO) unit, owned by the…
Oil Field
Brazil’s Largest Offshore Oil Platform Begins Operations in Pre-salt Region
Brazil’s Largest Offshore Oil Platform Begins Operations in Pre-Salt Region.Brazil's largest offshore oil production unit, the Almirante Tamandar&eacu…
Oil&Gas Drilling
SBM Offshore’s Giant FPSO Switches Oil Production Mode on at Petrobras’ Deepwater Field
FPSO Almirante Tamandaré;Brazilian state-owned energy heavyweight Petrobras has confirmed the first oil from a new floating production, storage, and offl…
Oil Field
CNOOC Limited Announces Buzios7 Project Commences Production
CNOOC Limited announces that Buzios7 Project has commenced production safely.Buzios oilfield is located in the Santos Basin, southeast offshore of Brazil, with …
Oil & Gas Trade
Trafigura Buying Oil From Brazilian Player’s Santos Basin Field
Brazil’s oil and gas company Brava Energia has signed a contract with global commodity trading group Trafigura for the sale of oil produced at the former&…
Oil Field
Petro-Victory, ATO to Acquire 13 Oil Fields in Brazil’s Prolific Potiguar Basin
Petro-Victory Energy has signed a sales & purchase agreement (SPA) in 50/50 partnership with Azevedo & Travassos Petroleo (ATO) for 13 oil fields located in the…
Nuclear Power Plant (NPP)
Eletronuclear Cost-Savings, Plans for Angra 3 Operation in 2031
Angra 3 is currently about 65% completeBrazil's nuclear power plant operator Eletronuclear has announced cost-saving measures which it says are aimed at imp…
Wind Farm
Indovinya Partners With Casa Dos Ventos for Wind Energy in Brazil
Indovinya, part of global sustainable chemical company Indorama Ventures PCL, is proud to announce a significant step in its sustainability journey through a se…
Hydropower Plant
Neoenergia Sells Baixo Iguaçu Stake to EDF and STOA
Iberdrola’s Brazilian subsidiary, Neoenergia, has sold its 70% stake in the Baixo Iguaçu Hydroelectric Power Plant to French electricity company ED…
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