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Volkswagen brand to invest €1B by 2026 in South America; targeting 40% growth in Brazil

Green Car Congress

By 2027, the company plans to grow by 40% in Brazil, the region’s largest market. For example, 15 new electric and flex-fuel vehicle models are being launched by 2025 alone. Before the end of 2023, the company is bringing its first fully electric models to Brazil: the Volkswagen ID.4. of Brazil’s land. and the ID.

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BP forming 50:50 biofuels JV with Bunge in Brazil; growing existing biofuels business >50%

Green Car Congress

BP will combine its Brazilian biofuels and biopower businesses with that of Bunge to create a world-scale, highly-efficient producer of sugarcane ethanol in Brazil: BP Bunge Bioenergia. Brazil is the world’s second-largest and most integrated market for ethanol as a transportation fuel with demand forecast to grow rapidly.

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Petrobras’ June oil production in Brazil up 1.7% exceeding 2M bpd; gas production reaches record

Green Car Congress

Petrobras’s June oil production in Brazil averaged 2,008 thousand barrels/day (bpd), up 1.7% Including the production operated by Petrobras for its partners in Brazil, the volume reached 2,135 thousand bpd, up 2.1% June’s natural gas production of 66.4 June’s natural gas production of 66.4 million m 3.

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Brazil and US to deepen cooperation on energy; aviation biofuels

Green Car Congress

Among the statements and agreements emerging from President Obama’s official visit to Brazil and meeting with President Dilma Rousseff were overall support for the US supporting “ the rise of Brazil as a global power ” as well as an agreement to launch a Strategic Energy Dialogue between the two countries.

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Amyris renewable jet fuel receives regulatory approval in Brazil for blends up to 10%

Green Car Congress

Brazil’s fuels regulator, ANP, has cleared the way for the commercialization in Brazil of Amyris renewable jet fuel in blends of up to 10%. We meet the most rigorous performance requirements in the aviation industry and are now commercializing our product in Brazil as well as around the world. 95g CO2eq/MJ range.

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EIA: US LNG exports grew to record highs in the first half of 2021

Green Car Congress

US exports of liquefied natural gas (LNG) continued to grow in the first six months of 2021, averaging 9.6 US LNG exports increased in the first half of this year as international natural gas and LNG spot prices increased in Asia and Europe due to cold weather. billion cubic feet per day (Bcf/d).

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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

Green Car Congress

The recovery of energy demand in 2021 was compounded by adverse weather and energy market conditions—notably the spikes in natural gas prices—which led to more coal being burned despite renewable power generation registering its largest growth to date. CO 2 emissions from natural gas rebounded well above their 2019 levels to 7.5

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