In the vast waters of the South China Sea, a significant conflict brews over the region’s abundant oil and natural gas resources. This area, crucial for global trade, contains approximately 11 billion barrels of oil and 190 trillion cubic feet of natural gas. It draws intense interest from bordering nations like Vietnam, the Philippines, and […]
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In the ongoing battle for forest conservation, Brazil and Colombia have emerged as beacons of progress in Latin America. Since 2015, Brazil has slashed its rate of primary forest loss by one-third, effectively lowering its contribution to global forest loss from 43% to 30%. Similarly, Colombia achieved a 50% reduction in forest loss during 2023, […]
Opinion: Brazil’s Agribusiness Caught in Protectionism’s Web
(Opinion) Trade protectionism often stirs debate, and Brazil’s dairy and agribusiness sectors are central to it. While trying to protect its local farmers, the government imposes taxes on milk imports from its Mercosur allies, Argentina and Uruguay. This strategy, however, is not without drawbacks. Higher prices can hurt consumers, and there’s also the risk that […]
Swedish Company Ventures into Venezuelan Oil
Maha Energy, a Swedish company, is entering Venezuela following the U.S.’s relaxation of sanctions on the country. Maha secured rights in the Petrourdaneta project, linked to Brazil’s Novonor group. Kjetil Solbraekke, Maha’s CEO, confirmed this development. If successful, Maha might obtain Novonor’s 40% share in a joint venture. This venture involves Petróleos de Venezuela, the […]