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World Bank Injects $134M for Green Hydrogen Production Hub in Brazil’s Ceará

World Bank Injects $134M for Green Hydrogen Production Hub in Brazil’s Ceará

Brazil’s green hydrogen plans just took a big step forward. On July 10, 2025, the World Bank signed off on a $134 million financing package that’s set to kickstart a major green hydrogen hub at the Port of Pecém in Ceará. This isn’t just about...

Unblock Raises $13.5M to Convert Wasted Energy into Computing Power Across Latin America

Unblock Raises $13.5M to Convert Wasted Energy into Computing Power Across Latin America

BUENOS AIRES, Argentina--(BUSINESS WIRE)--Jul 8, 2025-- Unblock, the energy infrastructure company turning stranded energy into computing power, today announced $13.5 million in total funding led by Goldcrest Capital and Collaborative Fund....

US tariff heat looms over India’s Russian oil supplies

US tariff heat looms over India’s Russian oil supplies

A proposed US bill that includes a 500% tariff on countries importing oil from Russia could significantly disrupt Indian supplies, and also raise its oil import bill, industry experts warn. US Preesident Donald Trump is considering the Sanctioning...

Brazil Stocks, Currency Reel As Trump Escalates Trade Pressure With Highest Tariff Yet Over Bolsonaro Trial

Brazil Stocks, Currency Reel As Trump Escalates Trade Pressure With Highest Tariff Yet Over Bolsonaro Trial

The iShares MSCI Brazil ETF (EWZ), which tracks Brazilian firms, fell 2% in extended trading. Brazilian currency and stocks declined on Wednesday after U.S. President Donald Trump levied 50% tariffs on goods from the country, amid souring...

BP Braces For Profit Hit As Oil Prices Decline

BP Braces For Profit Hit As Oil Prices Decline

BP p.l.c. BP On Friday offered a preliminary snapshot of its second-quarter performance ahead of its full earnings release scheduled for August 5, 2025. The company anticipates varied results across its businesses, shaped by declining oil prices,...

What do you need to know about the Brazil-U.S. tariff clash?

What do you need to know about the Brazil-U.S. tariff clash?

Brazilian President Luiz Inacio Lula da Silva said on Thursday that he will impose retaliatory tariffs if U.S. President Donald Trump follows through on a pledge to raise tariffs on the South American country to 50 percent. Lula said he will...

Oil steady amid bearish Trump tariff outlook, weaker US dollar

Oil steady amid bearish Trump tariff outlook, weaker US dollar

Ammon News - Oil prices were steady on Thursday as investors weighed the potential impact of U.S. President Donald Trump's tariffs on global economic growth, while a weaker dollar and signs of strong U.S. gasoline demand underpinned prices. Brent...

Trump’s tariff threat to Brazil is a gift to Lula

Trump’s tariff threat to Brazil is a gift to Lula

In a provocative move that fuses foreign policy with ideological allegiance, United States President Donald Trump has threatened to impose a 50 percent tariff on all Brazilian exports, effective August 1, 2025. The announcement came in a letter...

Oil slips as Trump's tariffs cloud demand outlook

Oil slips as Trump's tariffs cloud demand outlook

2025-07-10T05:37:22+00:00 font Enable Reading Mode A- A A+ Shafaq News Oil prices eased on Thursday as the latest tariff announcements by U.S. President Donald Trump were perceived by market participants as a threat to global economic growth,...

Brazil’s Gamble with Trump’s USA Ends in Costly Trade Clash

Brazil’s Gamble with Trump’s USA Ends in Costly Trade Clash

Lula’s Brazil was looking for trouble with Trump’s USA and got it. After months of rising tension, the United States announced a 50% tariff on all Brazilian imports, effective August 1. President Donald Trump linked the move directly to Brazil’s...

Colombia Raids Anglo-French Oil Firm Over Alleged Paramilitary Ties

Colombia Raids Anglo-French Oil Firm Over Alleged Paramilitary Ties

Colombian prosecutors have seized the offices of Anglo-French oil and gas firm Perenco, accusing it of paying paramilitaries, a charge the company denied Wednesday. Between 1997 and 2005, the firm was accused of paying the now-defunct United...

500% Russian oil tariff on India? There's more to Trump's latest declaration than meets the eye

500% Russian oil tariff on India? There's more to Trump's latest declaration than meets the eye

The Sanctioning Russia Act of 2025, a bold and controversial bipartisan bill introduced by Senators Lindsey Graham (Republican) and Richard Blumenthal (Democrat), seeks to radically escalate US pressure on countries that continue to buy Russian...

BP sees Q2 hit from weak oil, gas prices; Production up

BP sees Q2 hit from weak oil, gas prices; Production up

Gas & low carbon energy segment, realisations, compared to the prior quarter, are expected to have an impact in the range of $100 - 300m, the company said in a quarterly trading update. In the oil production & operations segment, quarter on...

Brazil, Japan, Sri Lanka — 22 countries hit with Donald Trump’s ‘common sense’ tariffs up to 50% | Complete list

Brazil, Japan, Sri Lanka — 22 countries hit with Donald Trump’s ‘common sense’ tariffs up to 50% | Complete list

US President Donald Trump explained that the new tariff rates were based on “common sense” and trade imbalances, although this was inconsistent with what he wrote in his letter to Brazil, according to an AP report. He also admitted that he hadn’t...

Oil falls as traders fret about Trump’s tariffs

Oil falls as traders fret about Trump’s tariffs

Tokyo — Oil prices eased on Thursday as the latest tariff announcements by US President Donald Trump were perceived by market participants as a threat to global economic growth, however, signs of strong US petrol demand limited losses. Brent crude...

Petro-Victory to Be Acquired by Brazil's Azevedo & Travassos Energia

Petro-Victory to Be Acquired by Brazil's Azevedo & Travassos Energia

Petro-Victory Energy Corp. said it has signed a binding memorandum of understanding (MoU) under which Brazilian energy firm Azevedo & Travassos Energia S.A. (ATE) will acquire all of its issued and outstanding common shares in an arm’s length...

Today's Top 3 News: Indonesia Explores Bioenergy Cooperation with Brazil

Today's Top 3 News: Indonesia Explores Bioenergy Cooperation with Brazil

TEMPO.CO, Jakarta - Tempo English compiled the top 3 news on Friday, July 11, 2025. Here are the highlights: Indonesia Explores Bioenergy Cooperation with Brazil; Trump Grants August 1 Deadline for Indonesia in Import Tariff Talks; and My Chemical...

Oil prices stabilize amid rising US stockpiles, new tariffs

Oil prices stabilize amid rising US stockpiles, new tariffs

Oil prices remained steady as traders balanced concerns over a significant increase in US crude stockpiles with the impact of new tariffs introduced by President Donald Trump. Brent held near $70 after closing little changed on Wednesday, while...

AtkinsRéalis Announces Senior Environmental Appointment for U.S. and Latin America

AtkinsRéalis Announces Senior Environmental Appointment for U.S. and Latin America

AtkinsRéalis has appointed Heather Royston as Environment Business Executive for the United States and Latin America. Royston brings over 30 years’ leadership experience in the environmental, sustainability, and engineering sectors to her new...

Former Bristol Rovers coach and interim manager leaves League One club to join Brazilian giants

Former Bristol Rovers coach and interim manager leaves League One club to join Brazilian giants

Daniel Hargraves Bristol Rovers reporter 14:46, 11 Jul 2025 Former Bristol Rovers coach and interim manager Andy Mangan has made an intriguing move abroad less than a year after a dream move to Real Madrid fell through. The 38-year-old was part of...

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