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Entries by Gelcy Bueno

Impasses with Paraguay challenge new head of Itaipu

Anatalicio Risden has to come to an agreement with the neighboring country to define the power plant’s budget for 2022 03/07/2022 Anatalicio Risden Junior — Foto: Sara Cheida/Itaipu Binacional Without consensus on the power tariff for the Brazilian and Paraguayan markets, Itaipu Binacional power plant still has no defined budget for the year 2022. Facing […]

War to boost renewables, expert predicts

To former president of Energy Research Company (EPE) Luiz Barroso, rising oil prices may drive demand for biofuels 03/07/2022 Luiz Barroso — Foto: Leo Pinheiro/Valor Luiz Barroso, former president of Energy Research Company (EPE) and the current president of consultancy PSR, sees opportunities, especially in Brazil, for renewable energy with the rise in oil and […]

War may worsen supply of semiconductors in Brazilian industry

More than 60% of industrial companies that buy chips pointed out difficulties in finding these items in January 03/07/2022 Divulgação TSMC — Foto: Asian semiconductors factory; in Brazil, inventories are likely to be further pressured by conflict The inventories of semiconductors in Brazil, already in a critical situation, are likely to be further pressured by […]

Embraer halts services, sales to Russia

Russian airline S7 operates 17 aircraft made by the Brazilian company 05/03/2022 Embraer plane Like Boeing and Airbus, Brazilian company Embraer halted the execution of maintenance services and the supply of spare parts for aircraft to customers in Russia and in certain regions of Ukraine. The decision was taken after new sanctions were imposed by […]

Startup digitalizes agricultural commodities trading

Based in Minas Gerais, Grão Direto has German giant Bayer among investors 05/03/2022 Frederico Marques, Alexandre Borges and Pedro Paiva — Foto: Divulgação When a farmer has a crop to sell, he has to deal with a series of phone calls to get the best offer for his products or even exchange grains for fertilizers […]

Petrobras to keep prices in line with international market

Oil giant states it will avoid passing on “external volatilities” 05/03/2022 Petrobras confirmed that it will maintain its commitment to keep fuel prices in Brazil in line with the international market — Foto: Divulgação Petrobras confirmed that it will maintain its commitment to keep fuel prices in Brazil in line with the international market. In […]

Vibra creates largest power trader in Brazil

Vibra Energia made official on Wednesday the creation of the largest trader in the free electricity market in the country. In the wake of the multibillion transaction announced in October — which began with an investment of R$2 billion in a convertible debenture — Vibra, formely known as BR Distribuidora, confirmed its option to take […]

Scania halts exports from Brazil to Russia

Scania has suspended exports of trucks from the São Bernardo do Campo plant to Russia. The Brazilian subsidiary follows the decision of the parent company in Sweden, which halted sales in the Russian market after President Vladimir Putin decided to invade Ukraine last week. The company did not inform how many vehicles will no longer […]

Russia-Ukraine war to drive up prices of chemical products

The costs of the Brazilian chemical industry, which were already under pressure from the Covid-19 pandemic, tend to rise further with the Russia-Ukraine war amid rising oil and natural gas prices, said Fátima Giovanna Coviello Ferreira, head of Economics and Statistics at the Brazilian Chemical Industry Association (Abiquim). Naphtha, a petroleum product that is the […]