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25 August 2022
China cutting oil shipments from Angola and Brazil
Russia held its spot as China's top oil supplier for a third month in July, as independent refiners stepped up purchases of discounted supplies while cutting shipments from rival suppliers such as Angola and Brazil.
22 August 2022
Timor to seek Chinese support if Australia and Woodside Energy fail to back Timor Sea gas pipeline
Timor-Leste’s president, José Ramos-Horta, has warned his nation will seek Chinese support if Australia and Woodside Energy fail to back a gas pipeline between the resource-rich Timor Sea and his country’s southern shore, rather than Darwin.
19 August 2022
Chinese companies to participate in new pre-salt oil bid round in Brazil
China National Offshore Oil Corporation and China National Oil & Gas Exploration & Development are set to participate in the new pre-salt oil bid round in Brazil.
02 August 2022
Profits drop 11% at EDP, rise 85% at EDP Renewables in first semester
EDP – Energias de Portugal, whose biggest shareholder is China Three Gorges, posted a net profit of EUR 306 million in the first half of 2022, a decrease of 11% compared to the same period last year.
01 August 2022
Brazilian oil sales to China and India sink
Brazil oil sales to India and China in the first half of 2022 have fallen considerably, amid a significant increase in crude exports from Russia to the two Asian countries.
28 July 2022
EDP to sell USD 500 million hydroelectric project in Peru to China Three Gorges
EDP is set to sell its 50% stake in the San Gaban III hydroelectric project, in Peru, to its largest shareholder China Three Gorges (CTG).
26 July 2022
State Grid joins UN´s Global Compact Network Brazil
State Grid Brazil Holding has joined the Global Compact Network Brazil, a voluntary initiative of the United Nations to engage the private sector and business practices in the areas of human rights, labor, environment and anti-corruption.
08 July 2022
EDP wins 15-year contract to sell offshore wind energy in UK
Ocean Winds, a joint venture between Portugal’s EDP Renováveis and Engie, has won a contract in the UK to sell energy from part of the capacity of the Moray West offshore wind farm.
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