News
[ETHANOL]
Fertile Ground For M&As
The sugar-alcohol sector in Brazil should undergo substantial change before the end of this decade. During this period, a vigorous consolidation movement is expected, with the trend being the disappearance of many companies and, thus, th [...]
[Energy Outlook]
Investing On All Fronts
The international economic crisis does not seem to have dampened the enthusiasm of the energy sector. For one thing, Petrobras surprised the market upon announcing its bold 2009-2013 Business Plan, calling for no less than US$ 174.4 bill [...]
[RENEWABLE SOURCES]
Fair Winds For Growth
The market for the production of wind energy in Brazil will start off 2009 with the belief that fair breezes are wafting for the industry. The outlook for the results of the first auction of wind energy in Brazil, now scheduled for June, [...]
[EXPLORATION]
Conquering New Frontiers
After putting the Polvo field in the Campos Basin onstream, Devon has begun its largest challenge in the country: to drill its first exploration well in the BM-BAR-3 block in the Barreirinhas Basin, a frontier area located in the state o [...]
[BIOFUELS]
Promising, But Prickly
In the effort to achieve the highly desired diversification of raw material inputs for the production of biodiesel, 2009 brought with it the promise of investment in oil-bearing plants that could be used to produce biofuels without compe [...]
[EXPLORATION]
Resumption Movement
The resumption of drilling in the deep waters on the Equatorial Margin — the area that encompasses the Barreirinhas, Pará-Maranhão and Ceará Basins – ends a 12-year moratorium and strengthens not only Pe [...]
[INFRASTRUCTURE]
Heading To The Northeast
Having attracted two of the largest current infrastructure projects in the country, Nordeste Refinery (RNEST) and Atlântico Sul Shipyard (EAS), with investments adding up to US$ 5.4 billion, the Pernambuco government now wants to t [...]
[ENERGY OUTLOOK - PETROBRAS BUSINESS PLAN 2009-2013]
Petrobras' Competitive Advantage
At a time when most companies, including oil companies, are putting on the brakes in view of the world financial crisis, Petrobras has been first out of the gates and has positively surprised the market by confirming investments of some [...]
[ENERGY OUTLOOK - PETROBRAS BUSINESS PLAN 2009-2013]
Ethanol And Biodiesel Gain Space
The forecast investment in the 2009-2013 Business Plan for the development of the biofuels market is US$2.8 billion – 85% for ethanol and 15% for biodiesel. The segment had the largest percentage increase in investment – 86.6 [...]
[ENERGY OUTLOOK - PETROBRAS BUSINESS PLAN 2009-2013]
Suppliers: Price Drop Unlikely
The measures announced by Petrobras to reduce costs in order to guarantee the foreseen investments in its new Business Plan were received with reservations by the market. The usual practices such as equipment standardization and multi co [...]
[ENERGY OUTLOOK - PETROBRAS BUSINESS PLAN 2009-2013]
Solid Bet On LNG
Petrobras has announced the investments for the Gas and Energy area for 2009 to 2013. Priority will be for new projects in gas and electric power generation. Of the US$ 11.8 billion earmarked for the area, the largest part, US$ 10.62 B, [...]
[ENERGY OUTLOOK - PETROBRAS BUSINESS PLAN 2009-2013]
How To Save US$ 25 Billion
The US$ 174.4 billion in capital expenditures that Petrobras announced in its 2009-2013 Business Plan in fact should become US$ 150 billion. The reduction of about 15% of the amount — if confirmed, it will still be 33.5% more than [...]
[ENERGY OUTLOOK - GAS]
Concessions In Sight
The Brazilian gas sector is entering 2009 with a brand new regulatory framework in place. Approved in the final days of 2008, the so-called Gas Law’s main highlight is the opening up of concessions, both for construction of new gas [...]
[ENERGY OUTLOOK - ELECTRIC POWER]
US$ 80 B Investment Through 2017
The principal reference for the direction of the electric power sector in Brazil, the 10-Year Energy Expansion Plan (PDEE) that is now in the process of public hearings and will be introduced beginning in March, indicates the nee [...]
[ENERGY OUTLOOK - ELECTRIC POWER]
A Year Of Many Projects
The year of 2009 will be marked more by projects than by the inauguration of big projects. Both in the generation segment and the transmission segment, the most important projects such as the plants on the Madeira river, the Angra 3 nucl [...]
[RENEWABLE SOURCES]
135-MW Siif Plant
The French Company, Siif Énergies, is preparing to start work in March on the largest wind energy project yet developed in Brazil. The Quintanilha Machado plant, which has already received R$ 700 million (US$ 305 M), will have 135 [...]
[TRANSMISSION]
The Crossing Of The Amazon Begins
The most daring electric power transmission project in Brazil is beginning to show signs of life. More than just putting Manaus, the capital of Amazonas, onto the Brazilian power grid map, the ‘big line’ Tucuruí-Macap& [...]
