Brazilian Port to Set Tonnage Record
Brazil’s main Port of Santos will surpass its 2013 record of 114 million tons by year’s end as the favorable exchange rate has sparked exports reports Codesp, a state-run agency. Codesp said the...
View ArticleRenewable energy supply to double in major economies
Renewable energy supply in eight major economies will collectively more than double by 2030 due to new national climate and energy plans, according to a study by the think tank World Resources...
View ArticleAustralia Won’t Oppose Shell’s Acquisition of BG
The Australian Competition and Consumer Commission (ACCC) has announced that it will not oppose the proposed acquisition by Royal Dutch Shell of BG Group. “The ACCC’s view is that the proposed...
View ArticleTreatment of Stowaways Should Meet International Standards
The UK P&I Club has issued advice saying that international human rights standards should be observed when dealing with stowaways. Although there is currently no international regime dealing...
View ArticleMideast/Africa vulnerable to downgrades: Fitch
Emerging markets face another wave of ratings downgrades next year, with the Africa/Middle East region potentially given a ‘negative outlook’ and Brazil at risk of a cut to junk, Fitch Ratings’ top...
View ArticleNew AUV for Subsea Inspections
Vehicles that make detailed inspections of subsea pipelines, facilities and structures are the focus of an R&D project – codenamed FlatFish – being undertaken by BG Brasil and the Brazilian...
View ArticleWhat if oil stays below $50 until 2020?
What if oil prices remain stuck in a $25 to $50 per barrel range for the next 5 years? What will the world economy look like in 2020? How do different asset classes perform? Bank of America Merrill...
View ArticleGuillain-Barre on rise in five Latam countries, no proven link to Zika – WHO
GENEVA: A neurological disorder suspected of links to the mosquito-borne Zika virus is on the rise in Brazil, Colombia, El Salvador, Suriname and Venezuela, the World Health Organization (WHO) said on...
View ArticleAker Adds 850 Subsea Services Jobs in Brazil
Aker Solutions has been in the news often over the span of the last year for layoffs at its subsea services facilities in Norway, in addition to cuts in its topside maintenance division. Last month,...
View ArticleOlympic Torch arrives in Rio
Eduardo Paes (L), Mayor of Rio de Janeiro receives the Olympic Torch upon its arrival to Rio de Janeiro, Brazil on August 3. The 2016 Olympic Games will be held from August 5 to 21. EPA/Antonio Lacerda
View ArticleBrazil Lures Fresh Infrastructure Investors
Brazil will allow investors to return concessions for road, railroad, port and airport projects that have not taken off in an effort to attract fresh private investment to modernize decrepit...
View ArticleOil price slips further, markets focus on supply overhang
Friday morning saw oil prices fall, as markets turned their focus to a persistent fuel supply overhang that is not expected to abate unless OPEC and other producers make a significant cut to their...
View ArticleOUTLOOK ’17: Oil price stickiness may last on strong liquidity and weak...
Subdued global oil production may keep the oil price above $50/bbl, although probably below the $55 mark. The final OPEC production-curbing deal, if implemented and properly verified, will help...
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Oil prices won’t soar in 2017, and OPEC is the reason
It was 2016’s most ambitious economic move. The Organization of the Petroleum Exporting Countries, the oil-producers’ cartel that last century haunted the industrialized powers, has harnessed Russia...
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IEA Sees Significant Gains in U.S. Shale Oil as Prices Rise
Oil-price gains will trigger a “significant” increase in U.S. shale output as OPEC and other producers rein in supply, according to the head of the International Energy Agency. “U.S. shale-oil...
View ArticlePetrobras exporting record volumes from sub-salt offshore oil fields
Rising output from Brazil’s sub-salt offshore oil fields is allowing Petrobras to export record volumes of oil and import less light crude for its refineries, a senior executive said. Cláudio...
View ArticleChina lifts ban on Brazilian meat imports: Brazil minister
BRASILIA: Brazil, trying to recover from a rotten meat scandal that has pummelled its agribusiness industry, said on Saturday (Mar 25) that major trading partner China had lifted a ban on imports of...
View ArticleBrazilian Port to Set Tonnage Record
Brazil’s main Port of Santos will surpass its 2013 record of 114 million tons by year’s end as the favorable exchange rate has sparked exports reports Codesp, a state-run agency. Codesp said the...
View ArticleRenewable energy supply to double in major economies
Renewable energy supply in eight major economies will collectively more than double by 2030 due to new national climate and energy plans, according to a study by the think tank World Resources...
View ArticleAustralia Won’t Oppose Shell’s Acquisition of BG
The Australian Competition and Consumer Commission (ACCC) has announced that it will not oppose the proposed acquisition by Royal Dutch Shell of BG Group. “The ACCC’s view is that the proposed...
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