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HomeBrazil

Brazil

Tenuous
BRICS

With Trillions at Stake, the Cleaving Is Becoming Tenuous

November 21, 2023 Mariel Alumit

When I say the cleaving is becoming tenuous, do not take that expression to indicate the Western global alliance will back down, they will not.  However, as the fracturing of the global economic systems cleave […]

Petrobras
LNG

Brazil’s Petrobras reports lower regas volumes

November 14, 2023 Mariel Alumit

Brazil’s state-owned energy firm Petrobras reported a 90 percent drop in its liquefied natural gas (LNG) imports in the third quarter compared to the year before. Besides a dip in the volume of regasified LNG, […]

Dividend
Crude Oil News

Petrobras Plans Dividend Policy Change

October 25, 2023 Mariel Alumit

Investors in Brazilian state-controlled oil producer Petroleo Brasileiro SA just got another reminder that an industry-leading dividend bonanza is fading. The Rio de Janeiro-based company, known as Petrobras, said on Monday that it proposed changes […]

North
BRICS

The North-South Transport Corridor Is Crucial To The Central Asian Republics’ Balancing Acts

October 18, 2023 Mariel Alumit

This route complements their existing efforts to preemptively diversify from potentially disproportionate dependence on any given trade partner and thus helps them maximally ensure their strategic autonomy. Indian National Security Advisor (NSA) Ajit Doval announced during the […]

oil
Big Oil Companies

Petrobras gets green light to drill oil exploration wells in “promising” region offshore Brazil

October 2, 2023 Mariel Alumit

(Bloomberg) – Petroleo Brasileiro SA received a permit to research oil in a promising offshore region in Brazil’s Northeast as the energy giant seeks to open up new basins to expand production. Brazil’s top environmental […]

BRICS
BRICS

$18,900,000,000 in US Treasuries Dumped by BRICS Members China, Brazil, India and UAE in One Month

September 27, 2023 Mariel Alumit

Several members of the economic alliance known as BRICS are discarding billions of dollars worth of assets backed by the US government. New numbers from the Treasury Department show China is leading the charge, reducing its holdings […]

Price
BRICS

The BRICS Commodity Powerhouse: Can It Force A New Economic ‘Order’?

September 21, 2023 Mariel Alumit

Authored by Alastair Crooke via Straight Line Logic, Who now controls inflation in the U.S.: A trapped Fed, or the new commodity king? A quiet ‘watershed’ moment has passed. It was nothing ‘splashy’; many perhaps […]

Solar
Energy Transition

Solar panel exports are breaking records – now let’s install them

September 14, 2023 Mariel Alumit

Solar panel exports from China grew by 34% in the first half of 2023, with 114 gigawatts (GW) shipped worldwide, compared to 85 GW in the same period last year, according to a new analysis […]

Brazil
Energy Crisis

Brazil eyes tax perks for energy sector, sparking ‘green’ vs oil debate

August 31, 2023 Mariel Alumit

BRASILIA, Aug 31 (Reuters) – Brazil’s government aims to make more energy projects eligible for key tax benefits, however the main ministries involved disagree about whether to favor a “green” agenda or include oil projects […]

CNOOC
Crude Oil News

CNOOC signs important agreement with Brazilian oil and gas company

August 30, 2023 Mariel Alumit

China National Offshore Oil Corp signed a strategic cooperation framework agreement with Brazilian oil and gas company Petrobras on Monday in Beijing, eyeing to further deepen cooperation in oil and gas exploration and development, as […]

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