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By Xiu Ying, Contributing Reporter RIO DE JANEIRO, BRAZIL – Bento Albuquerque (Ministry of Mines and Energy) has announced that the federal government will open the natural gas market to competition. According to the minister, the fact that only the state-owned company Petrobras operates in most areas related to the ...

By Peter Prengaman And Mauricio Savarese, The Associated Press RIO DE JANEIRO, BRAZIL – The administration of President Jair Bolsonaro plans to auction seven offshore oil fields in the northeast despite contrary advice from analysts of Brazil’s main environmental body, according to documents obtained by the Associated Press. Environmentalists say ...

By Phillip Herring, S&P Global RIO DE JANEIRO, BRAZIL – Hydrous ethanol prices in Brazil’s key Center-South region jumped just over 18 percent over the first 11 days of April to a record high of R$ 2,350/cu m (US$ 604) because of heavy rains in the region. During the same ...

South Korea’s Deputy Prime Minister and Finance Minister Hong Nam-ki has asked the US government for an exemption from a

LEADERSHIP: The Niger Delta Development Commission (NDDC) says it is deepening its partnership with universities in the United Kingdom (UK) to enhance its human capital development programmes. NDDC Managing Director (MD), Prof. Nelson Brambaifa, disclosed this in a statement issued by the commission’s Director of Corporate Affairs, Charles Odili, on ...

Turkey has invested some 566 million Turkish lira ($103 million) in subsidies to its small- and medium-sized enterprises (SMEs) in the first three months of 2019, according to official figures released on April 14.

Ministers from Japan and China attend a meeting in Beijing and focus on key economic issues ranging from trade and investment to better protection of ...

Any agreement reached during U.S.-Japan trade talks in Washington will include a requirement to refrain from manipulating currencies to gain an advantage in international trade.

Comments suggest Washington will meet Beijing’s demand for ‘two-way’ enforcement deal

Taro Kono says Pyongyang continues to get around sanctions with ship-to-ship transfers