Tag Archives | Brazil

Latin America’s shale

The spotlight on petrochemical investment in the Americas has shone on the US shale gas boom and the resulting rash of planned new ethane crackers that could increase US ethylene capacity by about 32% by 2017-2018. But Latin America’s game-changer could be Brazil’s pre-salt oil and gas bounty, as well as shale gas formations in […]

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Silhouette of statue of Jesus Christ at sunset, Rio de Janeiro, Brazil

Chemical industry to change Brazil’s gas demand profile

Brazil’s future LNG requirements could be heightened by plans to upgrade and expand the country’s chemical industry, according to Brazilian industry participants.These plans come in addition to previously reported projects to build gas-fired power generation infrastructure in Latin America’s largest economy, which are designed to cover part a projected annual electricity demand growth rate of […]

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China-Brazil oil and chemicals pact a model for deals

CHINA’S $10bn deal with Brazil to lock up significant oil supplies from its energy firm and join in exploration, refining and petrochemical ventures, heralds a new age of cooperation between the two countries. Under a 10-year deal, China Development Bank is giving a $10bn credit line to Brazilian energy giant Petrobras in return for the […]

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