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Brazil
18 July 2023

Brazilian Crude Import Boom Expected in China
Chinese oil refineries, led by heavyweight Sinopec, are set to boost Brazilian crude imports in the third quarter, according to industry sources.
17 July 2023

EDP Increases Stake in EDP Brasil to 88% With EUR 821 Million Investment
EDP, whose biggest shareholder is China Three Gorges, increased its stake in EDP Brasil from 56% to almost 88%, following a takeover bid (OPA) aiming to delist the Brazilian subsiditary from the stock market.
20 June 2023

SEPETIBA Oil Production Vessel on its Way From Tianjin to Brazil
The "SEPETIBA", one of the world's largest FPSO (floating production, storage and offloading unit) vessels, assembled by China, was shipped to Brazil from the northern port city of Tianjin.
13 June 2023

China´s CGN Brazil Energy seeks new financing for Brazilian energy projects
Chinese group CGN Brazil Energy is negotiating with Banco do Nordeste (BNB) new financing for energy projects in Brazil.
05 June 2023

Singapore Investigating local JV on Pre-2015 Brazilian Corruption Case
Singapore joint-venture Seatrium confirmed that it has been notified that Singapore’s Corrupt Practices Investigation Bureau has started a new investigation which the company links to the pre-2015 activities of a subsidiary in Brazil.
05 June 2023

China’s CNOOC begins production at Buzios5 well in Brazil
China's CNOOC Ltd has begun production at the Buzios5 well in Brazil, the fifth phase of the Buzios oilfield off the South American country´s southeast coast, the company said in a statement.
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