Petrobras’ CEO Pedro Parent and his counterpart at China National Petroleum Company (CNPC) will meet later this month in Brazil to discuss details of their partnership to build a refinery complex in Rio de Janeiro.
Venezuela’s long-term ally, China, said on Wednesday cooperation between the two countries, including financing, is “proceeding normally” and that it believes the South American nation can sort its problems out.
Crisis-stricken Venezuela announced on Wednesday the signing of a $3 billion debt refinancing deal with Russia, boosting its efforts to pay its external debt and avoid a sovereign default, Kallanish Energy reports.
Canadian-based, South American-focused oil and gas E&P company, Gran Tierra, said on Thursday it has entered into an agreement to sell its Peruvian business to U.S.’s PetroTal and Canada’s Sterling Resources, Kallanish Energy reports.
France’s EDF Energies Nouvelles, the renewable arm of EDF Group, completed grid connection of 350 megawatts of renewable capacity in Brazil through the Pirapora solar photovoltaic (PV) project and the Ventos da Bahia wind farm.
Canadian Solar, one of the world’s largest solar power companies, and renewable firm EDF Energies Nouvelles (EDF EN) announced on Wednesday the commissioning of 284 megawatts (MW) of solar power generation in Brazil, Kallanish Energy learns.
The head of Bariven, a unit of Venezuela’s state oil company, PDVSA, was arrested this week, according to two sources and an internal message seen by Reuters, as a graft investigation within the OPEC member-country grows.