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China
20 January 2021

EDP Portugal Changes Board and Rethinks Strategy

After 15 years as CEO of EDP, Antonio Mexia is being replaced by Miguel Stilwell de Andrade, who announced the drafting of a new strategic plan.
China
15 January 2021

China Three Gorges to Sell EDP Portugal Shares Worth EUR 500 million

China Three Gorges (CTG) will sell shares representing  up to 2.52% of the capital of Portugal's main utility, EDP, worth more than EUR 500 million.
Portugal
13 January 2021

EDP Renováveis Gets EUR 112 million to Build Two Wind Farms in Portugal

EDP Renováveis S.A. (EDPR) will get EUR 65 million from the The European Investment Bank (EIB) and another EUR 47 million from BPI bank, to finance two onshore wind farms in Portugal.
Mozambique
05 January 2021

Insurgency in North of Mozambique Starts to Hit Gas Industry and Growth Forecasts

Mozambique's emerging gas sector faces 'potential delays' and cancellation of downstream projects, because of the insurgency in the northern province of Cabo Delgado, according to the Economist Intelligence Unit (EIU).
Brazil
05 January 2021

Portugal’s EDP to Buy 40% of Brazilian Solar Energy Firm Blue Sol

EDP Energias do Brasil SA, owned by Portugal's EDP group, has signed a deal to acquire a stake of up to 40% in the Brazilian solar energy firm Blue Sol Participacoes.
Brazil
02 December 2020

Brazil’s Petrobras Exports to China Set for Future Growth

Brazil’s Petrobras projects a surge in oil exports, including to China, its main market, and is looking to diversify sales in Asia, according to the President of the state-owned company, Roberto Castello Branco. 
Angola
18 November 2020

BP and China´s Sinopec Resume Oil Drilling in Angola´s Block 18

BP and China´s Sinopec are starting the second phase of development in the Greater Plutonio project, that has 44 million barrels of oil estimate reserves and will add at peak 30 thousand barrels of oil per day to block 18´s production.
Angola
16 November 2020

Brazil, Mozambique Able to Benefit With New Carbon-Neutral Energy Industry

Emerging countries like Brazil and Mozambique could benefit in the new carbon-neutral energy industry, according to Francisco Leandro, Professor  of the Institute for Research on Portuguese-speaking Countries at City University Macau.
China
06 November 2020

Samsung Nears Conclusion of Mozambique Gas Facility Construction

Samsung Heavy Industries shipyard is nearing the conclusion of the construction of the Coral-Sul FLNG facility, which will sail-away to Mozambique in 2021 to begin natural gas extraction in the north of the country. 
Brazil
04 November 2020

Portugal´s EDP Eyeing Bids for Brazilian Power Utility and Distribution

EDP Brasil, owned by Portugal´s EDP group, is considering bids for the privatization of Brazilian power utility Companhia Energética de Brasília (CEB-D), which could top USD 240 million, and for an auction of distribution infrastructure.
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