National Energy Council of the Federative Republic of Brazil (CNPE) has approved the decision to join the OPEC+ Charter of Cooperation among oil-producing countries. This is reported on the organisation’s website. “The decision comes after an initial announcement made by Alexandre Silveira, Minister of Mines and Energy of Brazil, at the 36th OPEC and non-OPEC… Continue reading Brazilian Authorities Approve Country’s Accession to OPEC+ Charter of Cooperation
Category: Latin America
Lula da Silva Advocates Hosting BRICS Summit and UN Climate Conference in Brazil
Brazil is committed to strengthening democracy, leading in the energy transition, and increasing investment attractiveness. This was stated by the country’s president, Luiz Inacio Lula da Silva, during a press conference at the Palacio do Planalto, as reported by the Brazilian government’s press service. The head of state emphasised the significance of the upcoming 2025… Continue reading Lula da Silva Advocates Hosting BRICS Summit and UN Climate Conference in Brazil
Brazil Introduces Lightning Monitoring System to Prepare for Climate Change
The State Government of Rio de Janeiro has implemented an advanced lightning monitoring system to enhance its disaster preparedness during the summer of 2025. This is reported by Toda Palavra, a partner of TV BRICS. The State Centre for Monitoring and Early Warning of Natural Disasters has been utilising a real-time lightning visualisation tool. This… Continue reading Brazil Introduces Lightning Monitoring System to Prepare for Climate Change
Brazilian Development Bank Increased its Financing of Country’s Agribusiness Sector by 26% in 2024
The Brazilian Development Bank (BNDES) has approved financing of 52.3 billion Brazilian reais (US$5,65 billion) for the country’s agricultural sector in 2024, an increase of 26 per cent compared to 2023. This is reported by Agencia CMA, a partner of TV BRICS. The bank channelled funds to farmers, cooperatives and agribusinesses to increase production, buy… Continue reading Brazilian Development Bank Increased its Financing of Country’s Agribusiness Sector by 26% in 2024
Brazil’s Shipbuilding and Port Industries Achieve Record-Breaking Growth
Brazil’s shipbuilding and port sectors concluded 2024 with their most significant investment in 12 years, marking a transformative period for the country’s maritime economy. This is reported by Toda Palavra, a partner of TV BRICS. The industry has secured funding for more than 430 projects, including construction, repair, docking, equipment modernisation, shipyard expansions, and new… Continue reading Brazil’s Shipbuilding and Port Industries Achieve Record-Breaking Growth
Brazil’s Automotive Sector Leads Global Growth in 2024
Brazil’s automotive sector has achieved exceptional results in 2024, recording the fastest growth among the top ten global markets, as reported by Brasil 247, a partner of TV BRICS. Vehicle sales surged by 15 per cent compared to the previous year, reaching 2.6 million units, which included passenger cars, light commercial vehicles, trucks, and buses.… Continue reading Brazil’s Automotive Sector Leads Global Growth in 2024
Brazil Plans to Significantly Increase Oil Production by 2025
Brazil’s oil production is expected to reach 3.6 million barrels per day (bpd) in 2025, up about 6 per cent from an accumulated average of 3.4 million bpd this year through October, according to the data from the Brazilian Petroleum Institute (IBP). Brazil could earn 120 billion reals (US$19,4 billion) from oil in 2025, according to… Continue reading Brazil Plans to Significantly Increase Oil Production by 2025
Brazil Sets New Records For Wind Power Generation In Favour Of Renewable Energy Transition
Brazil has achieved remarkable milestones in wind energy production, setting two consecutive records. The country recorded a peak hourly average generation of 23,699 MW, followed by a daily average record of 18,976 MW the next day. These figures, released by the Ministry of Mines and Energy, underscore wind energy’s growing prominence in Brazil’s energy mix.… Continue reading Brazil Sets New Records For Wind Power Generation In Favour Of Renewable Energy Transition
Brazil’s Future Fuel Programme Sets Global Benchmark For Sustainable Energy Transition
Brazil’s pioneering Future Fuel Programme reached historic milestones in 2024, cementing the nation’s status as a global leader in sustainable energy transition, as reported by Brazil247, a partner of TV BRICS. Designed to decarbonise the transport sector, the initiative has already attracted investments projected to surpass US$52.52 billion by 2037, with the potential to prevent… Continue reading Brazil’s Future Fuel Programme Sets Global Benchmark For Sustainable Energy Transition
GLOBALink | Peru Witnesses Inauguration Of South America’s 1st Smart Port Of Chancay
The inauguration ceremony of Chancay Port has been held in Peru. It’s not only a good deep-water port, but also the first smart port and green port in South America, which will bring Peru huge revenues and create a large number of jobs. African Times has published this article in partnership with Xinhua News Agency