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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.
Brazil
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.
China
06 July 2023

China´s CALB Lithium Battery Factory in Portugal in Peril

Chinese group China Aviation Lithium Battery Technology´s (CALB) lithium battery factory in Portugal, one of the major investments planned in the European country, is now at risk.
Portugal
29 June 2023

EDPR Brings Solar Power to Malaysia’s Largest Shopping Center

EDP Renewables, whose parent company EDP has China Three Gorges as its biggest shareholder, installed a 1.9 Megawatt (MWp) solar power plant for self-consumption in the largest shopping center in Malaysia, with 3,584 panels.
Brazil
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.
Brazil
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.
Angola
12 June 2023

China National Chemical Engineering (CNCEC) to Build and Finance Lobito Refinery in Angola

China National Chemical Engineering (CNCEC) will build and finance Lobito Refinery in Angola, under a deal with national oil company (NOC) Sonangol.
China
09 June 2023

Portugal should “make rational political choices autonomously” regarding Huawei, China says

Chinese diplomacy advised Portugal to "make rational political choices autonomously", regarding a possible ban of Huawei from the European country´s 5G networks, and warned of consequences such as "breaking ties".
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.
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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