Brazil plans to build 50 to 60 nuclear power plants in half a century, with each having capacity of 1,000 megawatts. Brazil Mines and Energy Minister Edison Lobao, told the official government news service Agencia Brasil on Friday. As a political crisis in Bolivia renewed doubts about the reliability of key natural gas supplies from [...]
Brazil has declined Iran’s invitation to join OPEC, the country’s energy minister, Edison Lobao told a local TV station, Globo television network on Thursday. Mr Lobao said that the invitation had come from Iran’s ambassador to Brazil, Mohsen Shaterzadeh, to join the cartel two weeks ago. As a member of the oil cartel, Iran can [...]
Brazil will hold two auctions of onshore oilfields on Dec. Brazil’s National Energy Policy Council approved on Wednesday a 10th oil bidding round for Dec. 18, but no offshore blocks will be auctioned, Brazil’s government decided it won’t schedule auctions of offshore oil properties because there is a lack of equipment necessary to expand exploration. [...]