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UK's BG Group begins production from Brazil's Sapinhoá field

2013-01-11 01:00:00| Offshore Technology

UK-based natural gas and oil company BG Group and its partners have begun production from the Sapinhoá field in block BM-S-9, offshore Brazil.

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Brazil's hot, dry summer may lead to energy rationing

2013-01-08 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Environment Health: Brazil faces the possibility of widespread energy rationing for the first time since 2001, as a hot, dry summer has deprived hydroelectric dams of needed water while boosting power use to run air conditioners in sweltering cities. Even if the country escapes rationing, electricity experts say it may have to boost use of thermo-electric power - a more expensive option which could undermine President Dilma Rousseff's plans to lower energy rates. Energy Minister Edison Lobao said the extra cost...

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Brazil's hot, dry summer may lead to energy rationing

2013-01-07 22:37:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Brazil is facing the possibility of widespread energy rationing for the first time since 2001 due to a hot, dry summer that has deprived hydroelectric dams of the water they need and driven up power consumption in stifling cities. Electricity experts say that even if the country escapes rationing it may have to make up for the shortfall by resorting to increased use of thermo-electric power - which is more expensive, and could undermine President Dilma Rousseff's plans to lower energy rates this...

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Analysis: Brazil's once-envied energy matrix a victim of "hubris"

2013-01-07 19:32:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Just five years ago, Brazil's mostly "green" energy landscape was the envy of nations dependent on dirtier sources of power and the pride of a government that believed it was leading the country to economic superpower status. Three-quarters of electricity came from renewable hydro power and the main automobile fuel was home-grown sugarcane ethanol. Plus, Brazil had just found massive oil fields off its coast, putting it on a path to become the world's No. 3 oil producer after Russia and Saudi...

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SBA Communications buys 800 towers from Brazil's Vivo for $175m

2013-01-02 01:00:00| Total Telecom industry news

Deal is infrastructure provider's third major acquisition in recent months.

Tags: communications vivo buys towers

 

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