Saturday, March 14, 2026

Brazil News

Globally, governments are taking measures to mitigate the impact of Iran's war on energy prices for consumers

Fuel subsidies, price caps and emergency commodity releases are just some of the measures that governments from Asia to Europe have taken to protect consumers from rising fuel and food prices - a result of the U.S. and Israeli war against Iran. The conflict in the Middle East has caused a halt to a fifth of world oil and gas supplies.

Enverus reports that global dealmaking for oil and gas upstream in 2025 was muted.

Enverus, a firm that provides analytics, said Wednesday that the upstream oil and natural gas market in the world will remain?subdued' for the second consecutive year, with only $18 billion in deals. The firm stated in a recent report that fewer 'high-quality resources' and lower oil prices have limited the value of mergers and acquisitions well below the historical norm of $60 billion.

Brazil's Raizen reaches deal for out-of-court debt restructuring, O Globo reports

Local newspaper O Globo on Tuesday reported that Brazilian sugar and ethanol producer Raizen had reached an agreement?with bondholders and creditors?for a?debt restructuring?out of court. O Globo reported that the agreement would be announced on Tuesday evening, but did not cite a source. Raizen's debt is financed by creditors and bondholders, who represent about 40% of the total.

In Brazil, biodiesel is cheaper than imported diesel amid debate about higher blend

A survey revealed on Monday that the 'cost of imported diesel has exceeded the price of biodiesel in Brazil. This is a 'rare situation, which provides more 'arguments to farm lobbyists who support a proposal for a mandatory increase in the mix of biofuels in fossil fuel. The U.S. and Israeli attacks on Iran are causing a spike in diesel prices, which is the biggest threat to Brazil's agricultural sector.

Brazil's Ultrapar taps BTG for possible Ipiranga stake sale, Chevron interest reported

Two people familiar with this process said that Brazilian?conglomerate Ultrapar?has?tapped??investment banking BTG Pactual to handle the sale of a potential stake in fuel distributor Ipiranga. The?Brazil Journal had reported earlier in the day that oil company Chevron and Ultrapar were in advanced negotiating?talks for a 30% stake of Ipiranga.

Brazil's sugar mills will reduce production and switch to ethanol due to the energy price spike

Analysts said that the sharp rise in energy prices due to the ongoing 'war' in the Middle East will cause Brazilian sugarcane processors?to produce more ethanol than sugar during the new upcoming?season. The ICE exchange's raw sugar futures jumped over 3% Monday, following gains in oil futures, as the market expects a lower sugar volume from Brazil's middle-south region…

US-Israeli War on Iran Causes Major Oil, Gas Disruptions

Kuwait announced?cuts at the weekend due to the U.S. and Israel war against Iran. Analysts predict the United Arab Emirates (UAE) and Saudi Arabia, which are running out of oil storage, will have to reduce their output as well. Here are the main energy disruptions that have occurred so far. Three industry sources reported on March 8 that…

US-Israeli War on Iran Causes Major Oil, Gas Disruptions

The U.S. and Israeli war against Iran has caused oil and gas exports to be disrupted from the Middle East. Production was stopped from Qatar all the way up to Iraq. Kuwait announced cuts this weekend. Analysts predict the United Arab Emirates (UAE) and Saudi Arabia, too, will have to reduce their output as soon as possible when they run out of oil storage.

Brazil's Petrobras reports a near $3 billion net income and plans a $1.5 billion dividend

In separate filings, the Brazilian state-run oil company?Petrobras announced a fourth-quarter net profit of?15.6?billion dollars ($2.96 billion). It plans to distribute interest on equity in the amount of 8.1 billion dollars. The quarter-end net profit reversed the 17 billion real net loss of a year ago due to non-recurring expenses. Exports records boosted the results for October-December.

The new advisory board of Inpasa, an ethanol firm, will focus on growth and development according to a member

Inpasa, a corn ethanol producer, has a new advisory board that will help the company pursue growth strategies. This could include international expansion. The first member of this board, Jose Olympio Pereira, said on Wednesday. Inpasa, which has plants both in Paraguay & Brazil, has been expanding rapidly. Pereira, the former CEO of Banco J.

Datagro: Global sugar deficit will increase between the current and next season

Datagro, a consultancy, said on Wednesday that the global sugar'market' is projected to have a deficit in 2026/27 of 2,68 million metric tons, compared to an 800,000 ton shortfall in 2025/26. The projected deficit is based on a stable sugar production compared to the previous season, in Brazil's central-south region. Brazil is the world's biggest producer.

US-Israeli War on Iran Causes Major Oil, Gas Disruptions

The U.S. and Israel war against?Iran disrupted oil exports to the Middle East, forcing production stops from Qatar to Iraq. Here are the major energy disruptions that have occurred so far. Iraq's OPEC's second largest producer, Iraq, slashes production: Iraq?has reduced almost 1.5 million barrels a day?due...to storage limitations and the lack.of an export route. Officials told.

US-Israeli War on Iran Causes Major Oil, Gas Disruptions

The 'U.S. and Israel war against Iran' has caused oil and gas exports to the Middle East to be disrupted and production stops from Qatar and Iraq. Here are some of the major energy disruptions that have occurred. Iraq, OPEC’s second largest?producer has reduced its output. Iraq has cut almost?1.5 mln barrels per day – about half of it – due to storage limitations and the absence of an export route.

Bloomberg News reports that Raizen owners have ended talks to save struggling sugar producer.

Bloomberg News reported that talks to rescue Brazilian sugar producer and ethanol maker 'Raizen' have broken down after Cosan and Shell failed to agree on a plan to raise capital. Shell's Brazil CEO had earlier in the day said that the company would invest 3.5 billion reais (662.75 millions)?into the world's biggest sugar producer. It…

Sugar prices rise on fears that the Iran war will increase ethanol demand and lower sugar production

The world sugar price rose 'on Monday, on the fear that the U.S./Israel war against Iran, which is disrupting energy supplies worldwide, would cause Brazilian sugar?cane mills to produce less sugar and more ethanol. Ethanol, a biofuel made from cane, is produced by mills. The mills of Brazil, the world's largest sugar producer, will use less cane for fuel production…

Hang Tung, a Chinese analyst, said that Brazil's sorghum imports are limited now but will increase in 2026.

The head of Chinese sorghum trader Hang Tung’s Brazilian unit said that tight supplies were limiting Brazil's sorghum shipments in the first half of the year. He added that the business would 'pick up' in the second half of the year. Brazil has not traditionally been a sorghum producer, but China, the world's biggest buyer, authorized…

Hang Tung: Brazil sorghum to exports will gain momentum in H2

Brazilian sorghum will be limited by a restricted supply in the first half of 2026, but the director-general for Brazil, 'Hang Tung,' expects a more active second half, as harvest time arrives. Gabriel Cordeiro is the director-general of Hang Tung in Brazil. He said that exporters are competing with producers of animal feed and ethanol for sorghum. This has limited current supplies.

Acelen, a Mubadala company, will increase diesel production at Brazilian refinery Mataripe 10%

Celso Ferreira, the Chief Operations Officer of Mubadala's Acelen, said that it was aiming to increase the diesel production capacity at its Brazilian refinery Mataripe in June by 10% as part of its 143 million reais (?736 millions) investment plan for this year. Mataripe, Brazil’s second largest refinery, which accounts for 14% of the country’s capacity…

Shell to provide more support for Brazil sugar-ethanol JV Raizen sources claim

Shell, the oil major and the "healthier" joint-venture partner of Brazilian sugar and alcohol producer Raizen, is prepared to invest more in a recapitalization for the "distressed" company, according to three sources familiar with the matter. The world's largest sugar producer, Raizen, is facing financial difficulties after it posted a net loss for the third quarter of $15.6 billion ($3 billion) at mid-February.

Brazil's key sugar production between the center and south is forecast to reach 40.5 million metric tons in 2026/27

Hedgepoint Global Markets reported on Tuesday that sugar production in Brazil's center-south region is expected to reach 40.5 million metric tons in the new season 2026/27, the same as the previous one, despite a lower?amount being destined to?making sweetener. Hedgepoint stated that the sugarcane crop will grow from 610 to 630 millions tons. This means a stable sugar production.