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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 for another six pre-salt areas auctioned in October of 2017, raising expectations that production...
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 auction of eight blocks in the highly sought-after pre-salt region....
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 regaining confidence in the country and its economy,...
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 Agency (ANEEL) auctioned off on Wednesday four hydroelectric plants operated...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – To increase its revenues and boost the economy, Brazil’s federal government announced on Wednesday a plan to privatize 57 federal holdings in hopes these will yield R$44 billion. Among those...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The National Electric Energy Agency in Brazil, ANEEL, held an energy auction today where 31 of the 35 lots made available for the construction, operation and maintenance of energy transmission...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Three European companies won concession bids for the administration of four Brazilian airports on Thursday, raising more than R$3.72 (US$1.2 billion) billion for the government. The government hailed this successful...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Development Bank (BNDES) of Brazil approved on Tuesday special financing conditions for those wanting to implement renewable energy generation projects in isolated areas of the Amazon region. An auction...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The federal government of Brazil expects to raise at least R$3 billion in revenues this week by auctioning off concessions for the administration of four large airports. The airport concession...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The government of Brazil announced that the concession to operate all 29 hydroelectric plants put on auction on Wednesday were purchased, for a total of approximately R$17 billion. According...
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