The volume of natural gas in the pipeline network of Brazilian state oil company Petroleo Brasileiro SA (Petrobras) grew roughly 23% in 2017, compared with 2016, a company executive said this week.
Brazilian oil and gas regulator, ANP, reported on Monday a 5.6% growth in the country’s natural gas output in October, compared to the same period last year, to 115 million cubic meters per day (MMcm/d), Kallanish Energy reports.
Brazilian state-run oil company, Petrobras, said on Tuesday it signed a new $5 billion financing agreement with the China Development Bank (CDB) on Dec. 4, with maturity in 2027, Kallanish Energy learns.
Federal officials said last week a Netherlands-based maker of equipment for offshore oil drilling will pay $238 million to settle charges of paying bribes to officials in five oil-producing countries, Kallanish Energy learns.
Brazilian largest ethanol exporter, Copersucar, and BP Biofuels announced Thursday they will form a 50-50 joint venture to own and operate a major ethanol storage terminal in Brazil, Kallanish Energy learns.
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.
Brazil joined on Wednesday the International Energy Agency (IEA) as an Association country, aimed at strengthening cooperation towards a more secure and sustainable energy future between the Paris-based agency and Latin America’s largest country.