Latam’s fintech sector is booming this year
In February, Chilean startup Global66 received $3.25 mn from UK investor Venrex to further expand across Latam...
Tag : Brazil
Grenergy Renovables plans to build four B20 plants in Latin America
Grenergy Renovables is a Spanish Independent Power Producer that develops renewable energy plants on a large scale...
Kennedy Funding closes $3 mn loan for property development in Brazil
Brazil's real estate market is well developed and has an organised property registration system...
Shell plans to develop three solar power projects in Brazil
Chinese public and private investors are also showing significant interest in Brazil's renewables market...
Latin America’s venture capital landscape is flourishing
Brazil is leading with 54% of venture capital investment dollars in 2019 compared to 55.9% in the previous year...
Petrobras sets record by exporting 1 mn bpd of oil in April
Since Brazil isn’t part of the OPEC+, it has not pledged to cut supply to stabilize the market...
Petrobras discovers oil in the Campos basin offshore Brazil
The oil giant will conduct a thorough study of the well to better target exploratory activities in the area...
As global oil prices fall, Petrobras’ shares plunge
A possible price war could hinder Petrobras’ plan to sell around $30 bn of assets by 2024...
Petrobras and Chevron to sell 100% stake in the Papa-Terra oilfield
Petrobras owns 62.5% of the oilfield and Chevron holds the remain 37.5%...
Petrobras hires 7 banks to sell stakes in fuel distribution unit
Morgan Stanley, JPMorgan Chase and Goldman Sachs are among the banks hired for the stake sale in Petrobras Distribuidora...