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Brazil
30 September 2021

China’s CNOOC to Buy Brazil Oilfield Stake for USD 2.1 billion

Chinese oil and gas firm CNOOC Ltd wants to exercise an option and acquire an additional 5% stake in production rights for the Buzios oilfield for USD 2.08 billion.
Angola
27 September 2021

Angolan Oil Issued First Carbon Neutral Petroleum Certificate in China

Shanghai Environment and Energy Exchange (SEEE) has issued the first carbon neutral petroleum certificate to an oil cargo imported from Angola.
Mozambique
23 September 2021

Korea Eximbank to Provide USD 500m for Mozambique LNG Project

The Export-Import Bank of Korea (Eximbank) is set to provide USD 500m in financial support for Mozambique´s major integrated liquefied natural gas (LNG) project.
Angola
14 September 2021

Angola Launches Permanent Offer Program to Increase Oil and Gas Exploration

Angola's National Oil, Gas and Biofuel's Agency (ANPG) launched a permanent offer program that will allow the national concessionaire to negotiate multiple petroleum-based resources available in Angola throughout the year without the need of a bid round announcement.
Brazil
10 September 2021

Brazil Set to Become Top-5 Global Oil Producer, With China as Main Client

China is set to remain the primary consumer of Brazilian crude oil, as the South American country becomes a top-5 global producer.
China
10 September 2021

EDP Renewables Raises USD 2.3 billion in Asset Rotation

EDP Renováveis (EDPR), whose parent company EDP Portugal has China Three Gorges as itslargest shareholder, has now reached USD 2.3 billion in asset rotation proceeds.
China
01 September 2021

China Machinery Engineering Corp to Build Coal Power Plant in Mozambique

Ncondezi Energy Ltd is set to sign during the third quarter an Engineering, Procurement and Construction (EPC) power plant contract with China Machinery Engineering Corp (CMEC) for the 300MW Ncondezi coal-fired power project and coal mine in Mozambique. 
Brazil
24 August 2021

Portugal´s Galp Increases Oil and Natural Gas Production in Brazil

Portugal´s Galp Energia is adding up to 180,000 barrels of oil and six million cubic metres of natural gas to its daily production in Brazil.
Brazil
11 August 2021

Chinese Investments in Brazil Worth USD 1.9 billion in 2020, 74% Less

Chinese investments in Brazil plummeted 74% last year, to USD 1.9 billion, the lowest level in six years, according to a survey by the Brazil-China Business Council.
Angola
06 August 2021

African Union to Strengthen Cooperation with China in Transport Infrastructure, Energy and Digital

The African Union is looking to strengthen cooperation with China in transport infrastructure, energy and the digital economy, as a new session of the FOCAC is to be held later this year.
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