AGP Executive Report
Last update: 11 hours agoOil & Gas: Brazil awarded 56 exploration blocks in two licensing rounds, drawing bids from Petrobras, Equinor, QatarEnergy, Galp and Chinese companies. Petrobras and QatarEnergy won seven blocks in the Ceará Basin, with Petrobras as operator. Oil has also overtaken soybeans as Brazil’s top export this year. Aerospace: The first Gripen E built in Brazil completed its maiden flight at Embraer’s São Paulo facility, marking a step forward for local fighter production and technology transfer. Mining: Brazil is setting a regulatory framework for rare-earth development as projects attract fresh attention; Sigma Lithium has resumed operations after a court ruling. Transport & Autos: Brazil reached one million electrified cars, with sales nearing 20% of the market, while Chinese brands now hold 17% of auto sales. Transpetro is adding truck transport to its logistics network. Agriculture: Chinese demand is boosting Brazilian sorghum exports, while Embrapa has been named an FAO reference center.
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