Bolsonaro has also pushed for more small-scale hydroelectric plants. Shelved plans for other dams in the Amazon basin could also be revived. Bolsonaro, who is recovering from a near-fatal stabbing while campaigning last month, plans to rally the support of elected lawmakers on Friday near his home in the Barra de Tijuca beach district of Rio de Janeiro. But on April 12, he rattled markets when news emerged that Petrobras CEO Roberto Castello Branco had suspended a planned diesel-price increase after receiving a call from the president. Directory of sites. Chinese power companies have grown adept at operating dams and renewable energy projects at home, as well as transmitting electricity over vast distances to coastal population centers.
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Sinochem Energy operates the group’s oil and petroleum products trading, refining, storage and logistics, as well as distribution and retail businesses, but not its struggling upstream business that includes overseas oil and gas production. The fundraising efforts and eventual stock market listing are designed to cut ChemChina’s debts ahead of a long-awaited mega-merger with state-owned peer Sinochem. Frank Ning Gao Ning, the chairman of both companies, has encouraged individual business units to tap capital markets ahead of any tie-up, which has been in the works since We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.
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One year after his election, how do Brazilians rate Bolsonaro?
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Brazil faces a similar geographic challenge, making it a natural place for China to export its expertise. His top agriculture adviser told Reuters on Tuesday that his government would slash fines for farmers who break environmental laws in sensitive areas like the Amazon rainforest. Ferreira said private investors would be called on to help build the infrastructure Brazil needs and that environmental factors would be fully taken into account. Like what you’re reading? Discover Thomson Reuters. However, beyond bolsonaro energy investment production, deep reforms in crucial areas of the energy sector are needed. Petrobras intends to cut its refining capacity in half by bolsonaro energy investment eight refineries to shore up its finances and focus on the more profitable oil exploration and production business. Viscidi is the director of the energy, climate change and extractive industries program at the Inter-American Dialogue.
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