Brazil

Coral reefs and oil exploration in Brazil: shall we pluck the goose that lays black-golden eggs?

In the coming days, Brazil should rule on the authorization for oil companies to perform new exploratory drilling off its northern coast, in the mouth of the Amazon River. A few years ago, this would have probably been just a licence extension formality, but the recent discovery of a large coral reef that is only [...]

By |June 1st, 2017|Categories: Analyst's Insight|Tags: , , , , |

Brazil Energy Official Hopeful Politics Won’t Deter Oil, Gas Interest – EP Mag – 23/05/2017

Petrobras was at the center of Operation Car Wash, the country’s biggest corruption scandal that involved the oil major’s board of directors, Brazilian construction companies and politicians. The scandal involved kickbacks, bribery and bid-rigging.

Source:  EP Mag, 2017/05/23

By |May 24th, 2017|Categories: News|Tags: , , |

Emerging nations urge rich countries to honour climate finance pledges – Channel News Asia – 11/04/2017

China, Brazil, India and South Africa have urged industrialised countries to honour financial commitments made in Paris in 2015 to help developing countries fight against global climate change, they said in a statement on Tuesday.

Source:  Channel News Asia, 2017/04/11

By |April 13th, 2017|Categories: News|Tags: , , , , , |

The 5 Countries That Illustrate the Decline of the Latin American Left – Time – 03/04/2017

Not so long ago, there were five stars of the 21st century Latin American left: Brazil, Argentina, Venezuela, Bolivia, and Ecuador. But with Venezuela imploding and the narrowest of victories for a leftwing candidate in Ecuador's election this weekend, it looks like this particular chapter of Latin American history is drawing to a close.

Source:  Time, [...]

By |April 6th, 2017|Categories: News|Tags: , , , , , , |

Uncertainty for Brazil’s renewable sector as energy auctions cancelled – power-technology.com – 31/01/2017

Brazil has been among the frontrunners in contracting renewable energy through the auction route. The country started with the auction mechanism way back in 2007, with the first alternative energy auction. Since then, the country has come a long way and auctions have been held at regular intervals for various technologies. The recent cancellation of [...]

By |February 2nd, 2017|Categories: News|Tags: , , , |

Brazil to escape recession in first quarter of 2017, says minister – Xinhua News Agency – 02/02/2017

Brazilian Finance Minister Henrique Meirelles said on Wednesday that his country is returning to a path of growth and will manage to escape recession in the first quarter of 2017.

Source:  Xinhua News Agency, 2017/02/02

By |February 2nd, 2017|Categories: News|Tags: , , |

Brazil Government Deal With Rio Won’t Solve Its Debt Crisis – Bloomberg – 31/01/2017

Agreement hailed as model based on inflated growth estimates. Finance ministry says deal was based on reasonable projections.

Source:  Bloomberg, 2017/01/31

By |February 2nd, 2017|Categories: News|Tags: , , |

Blending mandates and ethanol production in Brazil and the United States

A recent IEA/FAO report provides an overview of trends in the bioenergy sector. For example, the graph below shows “how bio-ethanol production expanded significantly in both the United States and Brazil following the introduction of transport fuel blending mandates.”

Blending mandates and ethanol production in Brazil and the United States

Source: IEA (2016a), Medium-Term Oil Market Report [...]

By |February 2nd, 2017|Categories: Graph Analysis|Tags: , , , , |

The Brazilian Debt Hangover – Huffington Post – 21/01/2017

When looking closer to the Brazilian recent financial cycle and the so-called “balance-sheet recession”, we find those same diseases that we approached in previous pieces.

Source:  Huffington Post, 2017/01/21

By |January 26th, 2017|Categories: News|Tags: , , |

Brazil’s Senate Passes Constitutional Amendment to Cap Public Spending – WSJ – 13/12/2016

Unpopular measure is victory for embattled President Michel Temer, who wants to control ballooning budget deficit and boost investor confidence.

Source:  WSJ, 2016/12/13

By |December 15th, 2016|Categories: News|Tags: , , , |