Equatorial and Iberdrola in talks to buy Enel assets in Brazil, Valor reports

 July 6 (Reuters) - Brazilian power firm Equatorial ​and Spain's Iberdrola are in talks with ‌Enel to buy assets of the Italian firm in Brazil, Brazilian newspaper Valor Economico reported on Monday, citing ​sources. Enel is in a spat over its ​power concession in Sao Paulo, with authorities considering ⁠revoking the approval due to a series ​of outages in recent... Continue Reading →

Cade approves Petrobras’ entry into the Itaimbezinho block, reinforcing natural gas strategy in the Campos Basin

July 2 (cenarioenergia) - The Administrative Council for Economic Defense (Cade) has approved, without restrictions, Petrobras' entry into the Itaimbezinho exploration block, located offshore in the Campos Basin and contracted under the production-sharing regime. The transaction involves acquiring a 50% stake currently held by Equinor—a move that reinforces the Petrobras' strategy to expand its exploration... Continue Reading →

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