If accepted, the new proposed BRICS members would create an entity with a GDP 30% larger than the United States, over 50% of the global population and in control of 60% of global gas reserves. […]
Brazil’s electoral authority says Luiz In?cio “Lula” da Silva has defeated incumbent Jair Bolsonaro to become the country’s next president. The news on Sunday marked a stunning return to power for the 77-year-old, of the […]
This is the third in a three-part series on Roraima in the context of Brazil’s general elections. The project was supported by the Pulitzer Center’s Rainforest Journalism Fund. Rorainopolis, Brazil – Luiz Gomes is nervous […]
Global oil and gas exploration is set to falter this year as the number of licensed blocks and total acreage fall to near all-time lows as the sector struggles to shake off the effects of […]
Coffee prices are set to rise around the world, due to a poor coffee crop yield in Brazil, one of the world’s largest producers. Last year, coffee futures surged almost 90% due to drought and […]
Following the publication of BP’s annual Statistical Review, each year Rystad Energy releases our own analysis of the global energy landscape to provide an independent, data-based comparison and evaluation. Continuing the trend from previous years, […]
Rystad: Global oil and gas investment is set to rise by 20% this year. In the United States, investment in shale is set to increase by 35%. Oil frontiers like Guyana, Brazil, West-Africa and Australia are […]
(Bloomberg) — Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon Mobil Corp. are throwing cold water on their plans to turn Brazil into a profit center. In the past three […]
SAO PAULO: Brazil on Wednesday granted 59 exploratory blocks of oil and natural gas to 13 companies, including Shell, TotalEnergies and 3R Petroleum. The auction totaled 422.4 million reais ($90.10 million) in signature bonus, registering […]
From April, three million barrels per day of Russian oil production could be shut in as sanctions take hold and buyers shun exports. That’s according to the International Energy Agency’s (IEA) latest oil market report, […]
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