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Brazil
30 September 2021
China’s CNOOC to Buy Brazil Oilfield Stake for USD 2.1 billion
Chinese oil and gas firm CNOOC Ltd wants to exercise an option and acquire an additional 5% stake in production rights for the Buzios oilfield for USD 2.08 billion.
10 September 2021
Brazil Set to Become Top-5 Global Oil Producer, With China as Main Client
China is set to remain the primary consumer of Brazilian crude oil, as the South American country becomes a top-5 global producer.
24 August 2021
Portugal´s Galp Increases Oil and Natural Gas Production in Brazil
Portugal´s Galp Energia is adding up to 180,000 barrels of oil and six million cubic metres of natural gas to its daily production in Brazil.
11 August 2021
Chinese Investments in Brazil Worth USD 1.9 billion in 2020, 74% Less
Chinese investments in Brazil plummeted 74% last year, to USD 1.9 billion, the lowest level in six years, according to a survey by the Brazil-China Business Council.
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