AGP Executive Report
Last update: 11 hours agoAerospace: Embraer agreed to buy a 51% stake in Mahindra’s Novavayu Aerospace, a move that will give the Brazilian manufacturer a new partnership in India. Logistics: Abu Dhabi Ports completed its $835 million acquisition of Brazil’s CLI, expanding its presence in the country’s port and logistics sector. Energy: Petrobras and QatarEnergy were among the winners of seven offshore exploration blocks, while China Offshore Oil Engineering is targeting 2027 to secure its first Brazilian FPSO contract. Fuel: Lula’s government scrapped the gasoline tax ahead of the runoff, offering price relief as the election puts energy policy in focus. Power: A study warns that Brazil’s expanding retail electricity market could bring credit and liquidity risks for suppliers and customers.
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