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Category: The Business of Finance/Banking

News

Oil Rig Sunrise Niteroi

Big Oil has a do-or-die decade ahead because of climate change

The 2020s are poised to be to energy firms what the 2010s were to utilities—disruptive As revolutionary slogans go, it hardly had the resonance of ¡No pasarán! But when Repsol, a Spanish oil company, said in December it would reduce the net carbon footprint of everything it produces to zero within 30 years, it marked the most powerful…
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Brazil Bolivia Gas Pipeline

Brazil opens pipeline to allow Bolivian company to sell gas

Brasilia, Jan.2020–The Brazilian government authorized Bolivian oil and gas company YPFB to use the Gasbol pipeline to sell gas to other companies in Brazil beyond state-run oil firm Petrobras, according to a publication on Friday in the official gazette. Brazil’s Energy Ministry gave the green light to a request by a local subsidiary of YPFB…
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Brazil Trade

Brazil Trade Surplus Sinks

Official data showed that Brazil’s trade surplus shrank 20% to US$ 46.67 billion last year, as upwardly revised exports in recent months failed to mask a widespread slump in overseas demand for Brazilian goods over the course of 2019. According to Lucas Ferraz, trade secretary at the Economy Ministry, the upward revisions to exports in…
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Investment Banking

Investment Banking in Brazil

This one is the interview that I could never quite lock down – until now. We’ve managed to cover almost every emerging and frontier market, but my attempts at featuring Brazil kept falling through. But when I sent out an announcement asking for interviews last year, I received over 200 responses, with quite a few from readers…
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