Brazil

Sir John Beddington, chief scientific adviser to the UK government, might not have realised it but his visit to Brazil this week came at a crucial time for the Brazilian ethanol market. Read more

Petrobras offshore ship platformWhile Petrobras is drilling deeper than ever before beneath the seabed in its quest for nature’s wealth, above ground Brazil’s national oil company is seeking to tap further into international markets as it seeks to finance its ambitious capital expenditure plans. Read more

Kiran Stacey

In this week’s readers’ Q&A session, Peter Voser, the chief executive of Shell, answers your questions.
In the second of two posts, he discusses the future of natural gas, the controversial process of “fracking” and why biofuels are the answer to powering transport.
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General Electric is paying $1.3bn for British pipeline-builder Wellstream, in a move to increase its exposure to Brazil’s oil industry. GE’s oil and gas arm already works alongside Brazil’s state-controlled giant Petrobras, the company that provides much of Wellstream’s revenues; now it can access Wellstream’s know-how and contracts, for a price moderately below what Wellstream was demanding. Read more

What will the election of Dilma Rousseff, Lula’s anointed successor, as president of Brazil mean for the country’s energy sector? Read more

China is putting down roots in the backyard of Petrobras, newly-crowned share issue king of world stock markets, with the announcement of a $7.1bn oil alliance in Brazil between Sinopec and Repsol. Read more