Big oil and global crop traders rushed into Brazil’s ethanol market more than a decade ago with a spate of deals. Now, the most emblematic of those deals is unraveling amid fading enthusiasm for the business.
Big oil and global crop traders rushed into Brazil’s ethanol market more than a decade ago with a spate of deals. Now, the most emblematic of those deals is unraveling amid fading enthusiasm for the business.
A Shell truck prepares to refuel at the Raízen SA distribution center in Sao Paulo.
Maha Capital AB, a Swedish energy company managed by Brazilian executives, has exercised its rights to acquire a 24% stake in a Venezuelan oil field after the US provided sanctions relief.
Maha Capital AB, a Swedish energy company managed by Brazilian executives, has exercised its rights to acquire a 24% stake in a Venezuelan oil field after the US provided sanctions relief.
The Trump administration intends to take additional steps to ease sanctions on Venezuela’s oil sector in an effort to increase crude production as the Iran war sends prices surging.
The Trump administration intends to take additional steps to ease sanctions on Venezuela’s oil sector in an effort to increase crude production as the Iran war sends prices surging.
An oil tanker carries a shipment of Venezuelan oil in Freeport, Texas, on Jan. 16.
Origem Energia SA plans to store natural gas in caverns in Brazil in a price hedging strategy to shore up the nation’s renewable-reliant grid and attract power-hungry data centers.
Origem Energia SA plans to store natural gas in caverns in Brazil in a price hedging strategy to shore up the nation’s renewable-reliant grid and attract power-hungry data centers.
The billionaire Batista brothers are eyeing a billion-barrel Venezuelan oil project that stands to benefit from US President Donald Trump’s planned revival of the South American nation’s energy sector.
The billionaire Batista brothers are eyeing a billion-barrel Venezuelan oil project that stands to benefit from US President Donald Trump’s planned revival of the South American nation’s energy sector.
Wesley Batista, left, and his brother Joesley Batista, right, with their parents, Jose Batista Sobrinho and Flora Mendonca Batista on the floor of the New York Stock Exchange on June 25.
Maha Capital, a Swedish energy company with rights to a languishing oil project in Venezuela, is considering partnerships after Nicolas Maduro’s capture could open the industry to foreign investment.
Maha Capital, a Swedish energy company with rights to a languishing oil project in Venezuela, is considering partnerships after Nicolas Maduro’s capture could open the industry to foreign investment.
Nicolas Maduro and his wife, Cilia Flores, are seen in handcuffs after landing at a Manhattan helipad, escorted by heavily armed Federal agents as they make their way into an armored car en route to a Federal courthouse in Manhattan on January 5, 2026 in New York City.
Brazilian oil output is rebounding from outages that removed more than 300,000 barrels a day last month, highlighting how Latin America’s largest crude producer can confound OPEC efforts to micromanage the market.
Brazilian oil output is rebounding from outages that removed more than 300,000 barrels a day last month, highlighting how Latin America’s largest crude producer can confound OPEC efforts to micromanage the market.
Floating Production, Storage, and Offloading (FPSO) vessels and supply vessels in the Buzios field off the coast of Rio de Janeiro, Brazil, on Friday, Oct. 24, 2025. Brazil's state oil company is accelerating production from the Buzios field as crude prices hover near a five-year low and the global market braces for glut.
The surge in gold prices is driving a rapid expansion in informal and unregulated gold mining that is often illegal and ecologically destructive, according to the World Gold Council.
The surge in gold prices is driving a rapid expansion in informal and unregulated gold mining that is often illegal and ecologically destructive, according to the World Gold Council.
A miner takes a break inside an underground mine at a legal small-scale gold mining site in Tarkwa, Ghana, on Thursday, Oct. 17, 2024. The indebted West African state is potentially losing billions from illegal gold mining, known as galamsey, that is causing environmental carnage.
Brazil’s biggest utility is exploring options to guarantee the power supply for a $50 billion data center project aimed at putting Rio de Janeiro at the forefront of artificial intelligence in Latin America.
Brazil’s biggest utility is exploring options to guarantee the power supply for a $50 billion data center project aimed at putting Rio de Janeiro at the forefront of artificial intelligence in Latin America.
Elea’s Rio AI City will feature scalable infrastructure ready for the new digital age, with the RJO1 data center operational from day one. It is the most interconnected site in the Rio de Janeiro region with energy supply guaranteed by certified renewable sources at all project stages.
A 200 billion reais ($38 billion) commitment from ByteDance’s TikTok to help build a massive data center complex in Brazil is cementing the nation’s position as the leading location in the region for AI-related investment.
A 200 billion reais ($38 billion) commitment from ByteDance’s TikTok to help build a massive data center complex in Brazil is cementing the nation’s position as the leading location in the region for AI-related investment.
Casa dos Ventos wind turbines in Serra da Babilonia, Brazil, in 2023. Photographer: Maria Magdalena Arrellaga/Bloomberg
A 200 billion reais ($38 billion) commitment from ByteDance’s TikTok to help build a massive data center complex in Brazil is cementing the nation’s position as the leading location in the region for AI-related investment.
A 200 billion reais ($38 billion) commitment from ByteDance’s TikTok to help build a massive data center complex in Brazil is cementing the nation’s position as the leading location in the region for AI-related investment.
Casa dos Ventos wind turbines in Serra da Babilonia, Brazil, in 2023. Photographer: Maria Magdalena Arrellaga/Bloomberg
ByteDance Ltd.’s TikTok will invest more than 200 billion reais ($37.7 billion) to build a data center in Brazil, marking its first project in Latin America.
ByteDance Ltd.’s TikTok will invest more than 200 billion reais ($37.7 billion) to build a data center in Brazil, marking its first project in Latin America.
The TikTok logo on a smartphone arranged in the Queens borough of New York, US, on Wednesday, Jan. 15, 2025. The Supreme Court signaled it's likely to uphold a law that would ban the popular TikTok social media platform in the US if it isn't sold by its Chinese parent company by Jan. 19. Photographer: Gabby Jones/Bloomberg
French renewable energy provider Voltalia SA is pursuing data center projects in Brazil with investors including TikTok owner ByteDance Co Ltd. and the asset management division of private equity powerhouse Brookfield Corp., according to people familiar with the matter.
French renewable energy provider Voltalia SA is pursuing data center projects in Brazil with investors including TikTok owner ByteDance Co Ltd. and the asset management division of private equity powerhouse Brookfield Corp., according to people familiar with the matter.
Brazil’s national oil company will likely delay awarding as many as four drilling contracts for its largest offshore field by at least a few months, according to people familiar with the matter — a move that comes as traders eye the country’s production closely amid an emerging global crude glut.
Brazil’s national oil company will likely delay awarding as many as four drilling contracts for its largest offshore field by at least a few months, according to people familiar with the matter — a move that comes as traders eye the country’s production closely amid an emerging global crude glut.
Vessels in the Buzios field off the coast of Rio de Janeiro, Brazil, on Oct. 24. Photographer: Dado Galdieri/Bloomberg
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