The Russian-British joint venture TNK-BP is in talks with Brazil’s Petro Energia to buy 45% in an oil and gas deposit in Brazil's Solimoes region for $1 billion.
read more... 19/07/2011
Suzlon will develop renewable projects around the world in collaboration with Chinese companies, a move focused on to bring more benefits to both companies. Suzlon seeks the development of projects mainly in Brazil and Australia, where it holds strong market share.
read more... 20/06/2011
The British energy giant, BP finally received the permission from regulators to complete the purchase of ten Brazilian exploration and production blocks from US-based Devon Energy.
read more... 13/05/2011
Saipem, an Italian oil and gas industry contractor which is a subsidiary of Italian energy company Eni, has been awarded offshore contracts worth more than $1 billion in China and Brazil.
read more... 04/05/2011
Norwegian oil company Statoil announced on Thursday that it has discovered a significant oil reserve at its Peregrino field in Brazil and started oil production last week having the goal to become the second-largest operator there, after Petrobras.
read more... 15/04/2011