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China
15 September 2022

EDP Renováveis strengthens presence in Asia-Pacific region

 

EDP, via EDP Renováveis (EDPR), has strengthened its presence in the Asia-Pacific region by completing a deal with Xuan Thien Group for the acquisition of two solar photovoltaic projects in Vietnam.

“With this transaction, EDP doubles its operational capacity in Vietnam, strengthening its presence in the APAC region, a market where it entered in 2021 and has been since reinforced with the integration of Sunseap in February

China
03 September 2022

China and South Korea to cooperate in Mozambique gas exploration

The Chinese and South Korean governments signed an agreement to support joint exploration of natural gas in the Rovuma basin, Cabo Delgado province, in northern Mozambique.
Angola
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.
China
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.
Brazil
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. 
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.
Brazil
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.
China
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).
Brazil
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.
Angola
21 July 2022

Hyundai Samho Heavy Industries to deliver tanker to Angola´s Sonangol in 2023

Hyundai Samho Heavy Industries has begun construction of a new oil tanker for Angola´s national energy company Sonangol, to be delivered in March 2023.
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