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March 9 (Reuters) - The sharp increase in energy prices as the war in the Middle East continues will drive Brazilian sugarcane processors to produce more ethanol and less sugar in the new season that will kick off in the coming weeks, analysts said on Monday. Raw sugar futures in the ICE exchange jumped more than 3%... Continue Reading →
March 30 - Equinor has reached a significant milestone in the construction of the Raia FPSO (BM-C-33 project) with the completion of the lifting of modules at the Seatrium Angra dos Reis shipyard (formerly BrasFELS). In November 2025, the modules manufactured in Brazil were completed and shipped to Singapore, where they will be integrated into... Continue Reading →
March 9 (Reuters) The dollar surged on Monday as soaring oil prices sent investors scrambling for cash on worries that a protracted Middle East war could severely disrupt energy supplies and hurt global growth. Against the surging greenback, the euro EUR= and sterling GBP= were down roughly 1% in Asia, while the Aussie AUD= and... Continue Reading →
March 9 (valorinternational.globo.com) Uncertainty stemming from the conflict in the Middle East still makes it impossible to identify a clear oil price trend, but Petrobras’s pricing policy will not change because of the crisis, company executives said in assessing the current geopolitical environment and its effects on Brazil. They said, however, that the oil giant... Continue Reading →
March 9 (Reuters) Oil major Shell inked several oil agreements with the Venezuelan government that span offshore natural gas and onshore oil and gas opportunities, the company said in a statement. It also signed several technical and commercial agreements with Venezuelan engineering company VEPICA, as well as with KBR and U.S. oil services firm Baker... Continue Reading →
March 8 (oilprice.com) Following the United States intervention in Venezuela on 3rd January, which brought an end to President Nicolás Maduro’s 13-year dictatorship, all eyes have been on the South American country’s oil industry. Once one of the world’s biggest oil producers, output has waned in recent years. However, with U.S. President Trump setting his sights on Venezuelan... Continue Reading →
March 7 (Reuters) - Dozens of U.S. and other investors ranging from hedge fund managers to energy investors plan to travel to Venezuela in the coming weeks with hopes of meeting the country's top politicians and business leaders and scouting out investment opportunities, according to event organizers and participants. Three investor trips are being organized... Continue Reading →
March 8 (PN) Petrobras is evaluating increasing the production capacity of three platforms to be installed in the Búzios field, in the pre-salt layer of the Santos Basin. The P-80, P-82, and P-83 units were designed to produce up to 225,000 barrels of oil per day each, but the company is studying raising this limit... Continue Reading →
March 8 (PN) Petrobras plans to accelerate the ramp-up of production from the newest platforms in the Búzios field, in the pre-salt layer of the Santos Basin. According to the company's Director of Engineering, Technology and Innovation, Renata Baruzzi, the idea is to anticipate the increase in production from both the P-78 (already in production)... Continue Reading →
March 6 (electrek.com) Aikido Technologies has unveiled a concept that combines floating offshore wind turbines, battery storage, and AI data centers on a single platform. The offshore infrastructure company says its new platform, called AO60DC, is designed to co‑locate AI-grade computing directly with renewable energy generation at sea. Wind, batteries, and AI compute on one floating... Continue Reading →
Brazil Energy Insight 