HomeOil and Gas

Oil and Gas

Oil and Gas Apr, 30, 2024 0

BIMCO: Brazil’s import of Russian clean petroleum products jumps 135%

According to Niels Rasmussen, Chief Shipping Analyst at BIMCO, since the European Union sanctioned Russian oil exports in 2022, crude oil and dirty and clean petroleum products (CPP) have found…
Oil and Gas Apr, 19, 2024 0

Tension in the Middle East to boost sales from Brazil to the U.S.

The intensification of the conflict in the Middle East could have an impact on Brazil-United States trade if oil prices are affected, given the relevance of the commodity and its…
Vaca Muerta pipeline - gasoduto Vaca Muerta
Oil and Gas Mar, 22, 2024 0

Brazil exploring ways to import gas from Argentina’s Vaca Muerta play, energy minister says

Brazil is exploring ways to import natural gas from Argentina’s massive Vaca Muerta formation, including the possible reversal of a pipeline now used for transporting Bolivian gas, as it looks…
Marine fuel - bunkering
Oil and Gas Mar, 06, 2024 0

New Bunker Service to Enhance Port Operations at Suape

Beginning May 1st, 2024, vessels docked at Suape Port will have another option for bunker fuel supply, aimed at optimizing port activities and boosting competitiveness. The new bunker supply service…
Oil and Gas Mar, 05, 2024 0

New Fortress Launches 2 LNG Terminals in Brazil

New Fortress Energy, Inc. (NFE) has launched its liquefied natural gas (LNG) terminal in Santa Catarina, Brazil. NFE’s Terminal Gas Sul (TGS) is an offshore LNG import terminal with a…
Importação de diesel
Other Cargo Feb, 27, 2024 0

Sanctions do not deter sharp rise in Brazil’s diesel imports from Russia

In 2023, Brazil imported $5.3 billion worth of fuel oils from Russia, marking a staggering 375% increase compared to purchases made in 2022. This January, the surge compared to the…
Ports and Terminals Feb, 21, 2024 0

Judge rules in favor of controversial LNG terminal in the Port of Santos; Public Prosecutor set to appeal

A recent dispute over a liquefied natural gas (LNG) regasification terminal in the port of Santos has evidenced the complexities of balancing public interests and private enterprise in Brazil. The…
Oil and Gas Feb, 06, 2024 0

Turkey, Brazil became main importers of Russian seaborne oil products in 2023

Turkey and Brazil last year became the biggest importers of Russian seaborne diesel and gasoil after European Union sanctions barring the import of Russian refined products took effect, data from…
Importação de diesel
Oil and Gas Jan, 31, 2024 0

Brazilian fuel imports fall in 2023 after surge in domestic output

Brazil has decreased fuel imports in 2023 after a surge in domestic production, pointed out a study by consultancy StoneX based on data from the federal government’s Secretariat of Foreign…
Oil and Gas Jan, 24, 2024 0

Surging Crude Oil Output Set to Reshape Brazil’s Exports in 2024

Brazil is on track to achieve record crude oil export values this year, posing a serious threat to soybeans and iron ore’s dominance in the Brazilian trade balance. With a…