"energy" Category
Oil and gas giant Statoil moves into solar, acquires share in 162 megawatt Brazilian facility

Statoil is entering the solar market.

The Norwegian energy business announced Wednesday that it had signed an agreement to acquire a 40 percent share in the "construction ready," 162 megawatt (MW) Apodi solar asset in Brazil.

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Energy concessions raise R$ 16 billion in public revenue

The government has just raised R$ 16 billion in revenue through the energy concessions programme.

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Abengoa Brazil unit gets approval from creditors for restructuring plan

The Brazilian unit of struggling Spanish energy and infrastructure group Abengoa SA obtained approval from creditors on Friday for its in-court debt restructuring plan, said a lawyer representing one of the creditors.

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Brazil becomes largest oil producer in Latin America

The federal government's reforms in the energy sector, ranging from the strengthening of Petrobras to changes in the pre-salt regulatory framework, have helped Brazil become the largest oil producer in Latin America, ahead of major producers such as Mexico and Venezuela.

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Brazil announces 30-day delay of ethanol import tariff

The U.S. Grains Council, Renewable Fuels Association and Growth Energy issued a joint statement following the Brazilian decision to further delay a decision on ethanol import tariffs.

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Brazilian Oil and Gas Industry: an Update

Brazil went through a period of increasing expectations for economic growth and social development in the first decade after Law 9.478/97, the Petroleum Law.

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Brazil's Usiminas reverses loss as steelmaking revenues rise

Usinas Siderúrgicas de Minas Gerais SA reversed a loss in the first quarter as early signs of a recovery in industrial output allowed Brazil's No. 1 listed flat steelmaker to hike prices for some products and increase sales volumes by about 4 percent.

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Nordex finalises 195MW deal in Brazil

The 195MW Lagoa do Barro project will comprise Nordex's AW125 3MW turbines, acquired by Nordex in its takeover of Acciona Wind Power in 2016.

An initial deal between Acciona and Atlantic Renewable Energy's owner, UK-based investment firm Actis, was agreed in March 2015.

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Renova may close sale of Brazilian wind complex on Monday

Renova Energia SA (BVMF:RNEW11) is expected to complete the sale of the 386-MW Alto Sertao II wind power complex in Brazil’s Bahia state as early as Monday, Reuters reports.

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Brazil Invites Turkish Investment As New Rounds Open In 2017 And 2018

Brazil has invited Turkish oil and gas companies to invest in the South American country’s energy sector revitalization process in 2017 and 2018, according to new reporting from Anadolu Agency.

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