Sinopec and Karoon also secure blocs as bidding round reinforces focus on reserve replacement for Brazil’s energy security; five out of seven blocs get bids 10/23/2025 ANP Director-General Artur Watt — Photo: Divulgação The National Agency of Petroleum, Natural Gas and Biofuels (ANP) auctioned off five of seven pre-salt blocs on Wednesday (22). Petrobras […]
McKinsey data shows rising investment in energy, falling in tech 10/23/2025 Brazil has attracted increasing volumes of foreign investment in sectors considered strategic for the future of the global economy. However, the surge has been largely driven by natural resources segments such as energy and mining. Foreign investment in advanced industries—including electric vehicles, batteries, and […]
Traditional institutions have higher nominal tax rates and advocate for equality; rivals see lower effective rates 10/21/2025 The Brazilian Federation of Banks (Febraban) has intensified its conflict with fintechs over taxation. According to Valor, the dispute escalated behind the scenes regarding Provisional Presidential Decree 1303, when fintechs opposed an increase in the Social Contribution […]