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Brazil Gets Ready for Two Mammoth Petroleum Auctions in November
SÃO PAULO, BRAZIL – In little over a week, Brazil’s government will hold two auctions for oil and gas exploration and production areas, most of them located in deepwater pre-salt areas. According to...
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High Prices, Hidden Costs Discouraged Buyers at Brazil’s Petroleum Auctions
SÃO PAULO, BRAZIL – The enormous buildup surrounding this week’s petroleum field auctions in Brazil flopped, as no major oil company came forward to bid for the November 6th and 7th blocs, located...
View ArticleBrazil’s ANEEL Auctions CEMIG Energy Plants for R$12.1 Billion
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – After heated disputes between Brazil’s federal government and the government of the state of Minas Gerais, the National Electric Energy...
View ArticleBrazil Attracts ExxonMobile into Investing in Oil Fields
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The government of Brazil is hailing last week’s oil field exploration auction as a sign that foreign and Brazilian investors alike are...
View ArticlePetrobras and Shell Lead Way in Brazil’s Pre-Salt Auction
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL – Representatives from the oil industry’s heavyweights were in Rio de Janeiro on Friday, October 27th, as Brazil held its much-anticipated...
View ArticleBrazil’s Pre-Salt Responsible For Over Half of Oil Production
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – As Brazilian officials celebrated extremely positive pre-salt production, President Michel Temer signed on Wednesday concession contracts...
View ArticleBrazil’s ANP to Auction 158 Oil Blocks in Permanent-Offers
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – At least 158 petroleum exploration blocks have been approved by environmental agencies to be auctioned off later on this year in the...
View ArticleBrazil to Auction 20 Energy Transmission Lines in 16 States
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – ANEEL (Electric Energy Regulator) in Brazil will conduct the first energy transmission auction of the year on Thursday (June 28th)...
View ArticleBrazil’s Privatization of Twelve Airports Seeks to Obtain R$2.1 Billion
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s government will auction off twelve airports on Friday which receive annually almost twenty million passengers, and hope to...
View ArticleBrazil’s North-South Rail Auctioned For R$2.7 Billion
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Designed to be the backbone of Brazil’s rail transportation, the North-South Railroad was auctioned off this week, for R$2.719...
View ArticleBrazil Gets Ready for Two Mammoth Petroleum Auctions in November
SÃO PAULO, BRAZIL – In little over a week, Brazil’s government will hold two auctions for oil and gas exploration and production areas, most of them located in deepwater pre-salt areas. According to...
View ArticleHigh Prices, Hidden Costs Discouraged Buyers at Brazil’s Petroleum Auctions
SÃO PAULO, BRAZIL – The enormous buildup surrounding this week’s petroleum field auctions in Brazil flopped, as no major oil company came forward to bid for the November 6th and 7th blocs, located...
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