Production in the pre-salt exceeds 70% of the oil and gas extracted in Brazil

For the first time, oil and natural gas production in the pre-salt exceeded 70% of national production, reaching about 2.738 million barrels of oil equivalent per day in July. According to Pre-Sal Petróleo S.A. (PPSA), a company linked to the Ministry of Mines and Energy, production corresponds to 70.26% of the total recorded in the country, of 3.898 million barrels per day.

Source: Money Times

Project provides digital assistance to farmers in the Northeast of Brazil

The Ministry of Agriculture project, will bring remote technical assistance to family farmers in the Northeast through the internet at this time of pandemic. The Northeast was chosen because the region concentrates 46.6% of the country’s family farmers. The goal is to reach 100,000 families in the region. The initiative is a partnership between the government and the Inter-American Institute for Cooperation on Agriculture (IICA), and the NGO Precision Agriculture for Development (PAD).

Source: G1

Aneel approves 135 MW in solar energy production in Paraíba

The National Electrical Energy Agency (Aneel) granted to Rio Alto Energia the 35-year concession for the implementation and operation of five photovoltaic plants under the independent production regime, totalling 135 MW of installed capacity in the municipality of Coremas. The solar complex is composed of ten plants with capacity to generate 300 MWp, generating 93 MWp in an area of 300 hectares.

Source: Portal Solar

Brazil’s GDP expected to fall by 10% in Q2, says Ministry of Economy

The Ministry of Economy published a note in which it highlights that the Gross Domestic Product (GDP) for the second quarter is expected contraction around 8% to 10%. The latest projection released by the Ministry in July pointed to a 9.3% drop in GDP in the second quarter. For the year, the Secretariat Ministry expects a 4.5% drop in economic activity.

Source: Infomoney

CNPE reduces Renovabio decarbonisation targets in Brazil

The National Energy Policy Council approved a resolution to reduce the annual compulsory goals for the reduction of greenhouse emissions for the commercialisation of fuels under the RenovaBio program. The Ministry of Mines and Energy did not report the amount, but in the proposal presented on July, provided for the emission of 14 million decarbonisation credits, known as CBios.

Source: Canal Energia