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8 results for “Brazilian energy

Brazil Conglomerate Cosan Sets Date to Exit NYSE, Shifts American Shares to OTC Market
PROInvestingSep 09

Brazil Conglomerate Cosan Sets Date to Exit NYSE, Shifts American Shares to OTC Market

Brazilian energy and logistics giant Cosan is voluntarily delisting its ADSs from the NYSE, moving US trading to the less liquid OTC market.

Eneva Completes Coal Exit, Swapping Final Plant for Control of Key Pecém LNG Hub
PROInvestingSep 03

Eneva Completes Coal Exit, Swapping Final Plant for Control of Key Pecém LNG Hub

Brazilian energy company Eneva will sell its last coal plant, Itaqui, in a swap deal to secure 100% control of an LNG terminal project in Pecém.

PRONASDAQAug 21

Brazil’s Energy Sector Faces 2030 Deficit Risk as Price Signals Deter Investment

Brazilian energy executives warn of a 2030 power deficit due to a dysfunctional market model that fails to incentivize grid flexibility and storage.

Brazil's Solar Revolution: Residential Rooftops Drive Power Shift Past 4 Million Connections
InvestingAug 14

Brazil's Solar Revolution: Residential Rooftops Drive Power Shift Past 4 Million Connections

Distributed solar generation in Brazil, led by millions of residential systems, has created a massive, decentralized power market.

Brazil Congress Approves Fuel Tax Cut, Guarantees Zero Federal Tax and $231 Million Subsidy for Ethanol
PROAgroAug 14

Brazil Congress Approves Fuel Tax Cut, Guarantees Zero Federal Tax and $231 Million Subsidy for Ethanol

Brazilian lawmakers approved a bill to cut federal fuel taxes while mandating subsidies and tax parity rules to protect the domestic ethanol sector.

New Decarbonization Mandates Set Stage for R$348 Billion Investment Surge in Brazil’s Biomethane Sector
PROMarketsAug 13

New Decarbonization Mandates Set Stage for R$348 Billion Investment Surge in Brazil’s Biomethane Sector

Brazil’s new 'Fuel of the Future Law' establishes mandatory targets, guaranteeing demand for the fast-growing renewable gas sector.

Brazil Oil Production Hits All-Time High of 4.475 Million bbl/d, Driven by Pre-Salt Expansion
InvestingAug 04

Brazil Oil Production Hits All-Time High of 4.475 Million bbl/d, Driven by Pre-Salt Expansion

Brazil's oil output reached a new record in June, led by pre-salt fields, providing a major operational tailwind for Petrobras (PETR4).

Petrobras Stock Drops 2.84% on Oil Correction and Geopolitical Shifts
InvestingJul 28

Petrobras Stock Drops 2.84% on Oil Correction and Geopolitical Shifts

Petrobras common shares fell 2.84% to R$41.01 amid easing global crude prices, highlighting the ongoing volatility in the Brazilian energy sector.