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State Support Sought at Rice Harvest Event in Brazil
On February 22, the rice and lowland grain harvest kick-off in Capão do Leão, RS, highlighted food security, drawing attention from officials, farmers, and...
Brazil Slashes Foreign Gas Imports to a 20-Year Low
In 2023, Brazil significantly reduced its natural gas imports to just 6.5 billion cubic meters, the lowest in 20 years.
This trend of declining imports...
Petrobras Commits $100 Billion to Global Offshore Ventures
Brazil's Petrobras plans a $100 billion investment in offshore oil exploration and production, CEO Jean Paul Prates announced.
As Latin America's leading oil firm, it...
Brazil’s Industry Stalls in 2023
2023 saw Brazil's industrial output barely move, with just a 0.2% rise. This small upturn follows a 0.7% dip in 2022.
The Brazilian stats agency...
Brazil’s Cocoa Comeback
Brazil's cocoa industry is experiencing a notable revival, rebounding from a major setback in the 1980s when disease ravaged its once globally dominant cocoa...
Angola’s New Direction in Oil
In 2024, Angola will take a significant step in its oil industry by increasing production to 1.2 million barrels per day.
This decision, marking its...
Opinion: Brazil’s Industrialization – A New State-Led Approach
(Opinion) Brazil's new industrialization plan, spearheaded by President Luiz Inácio Lula da Silva, is a daring move to revitalize its national industry by 2033.
This...
BNDES Revitalizes Brazil’s Shipbuilding with $404 Million Investment
The Brazilian Development Bank (BNDES) is set to invigorate Brazil's shipbuilding industry with an R$2 billion ($404 million) investment from the Merchant Marine Fund...
Angola’s Move to Boost Oil Production
The Angola Agency for Oil, Gas, and Biofuels (ANPG) selected nine companies for oil block management in the Lower Congo and Kwanza regions.
Additionally, five...
Brazil’s Global Biofuel Agency Initiative
Brazil has taken a significant step in the global energy sector by proposing the creation of an international biofuels agency.
This proposal was presented at...
2024: Big Boost in Brazil’s Oil Exploration
The Brazilian National Agency of Petroleum, Natural Gas, and Biofuels (ANP) has updated its 2024 investment forecast.
They expect up to $1.96 billion for exploring...
November Marks Fourth Month of Growth for Brazilian Industry
In the latest development, Brazil's industrial production increased by 0.5% in November compared to October.
The Brazilian stags agency IBGE released these findings on January...
Angola’s $7.8 Billion Oil Sector Expansion
Angola's oil industry is embarking on a major expansion with three contracts totaling approximately $7.8 billion.
These agreements, involving the National Agency for Petroleum, Gas...
Brazil’s Ambitious $40 Billion Biofuel Investment Plan by 2037
Brazil is set to draw investments of over 200 billion reais (around $40.74 billion) for biofuel production and marketing by 2037.
Alexandre Silveira, the Minister...