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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.
Portugal
06 August 2021
Korea’s CS Wind Buys Majority Stake in Portugal’s ASM Industries
CS Wind, Korean company which is the world’s largest manufacturer of wind towers, has acquired a 60% stake in Portugal’s ASM Industries.
China
04 August 2021
Zara Founder Becomes REN Portugal´s Second-largest Shareholder After China State Grid
Amancio Ortega, the spanish billionaire founder of Zara, has become REN Portugal´s second-largest shareholder, after China State Grid.
Brazil
02 August 2021
Greater Sustainability Concerns for China in Agro Buys from Brazil
Environmental concerns have taken center stage in Chinese policy, with implications for agricultural buys from Brazil, according to the president of the Brazil China Chamber of Commerce and Industry.
Angola
27 July 2021
China’s Reliance on Brazilian and Angolan Crude Drops
China's reliance on Brazilian and Angolan crude has dropped further, and its dependence on Middle Eastern crudes is set to grow even further in the second half of the year, according to S&P Global Platts Analytics.
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