Minimising Brazil’s economic pain
Crucial government steps are needed to offset imminent financial distress caused by bottomed-out oil prices and a global health pandemic
The combined effects of Covid-19 on reduced economic activity and oversupply of oil in the international market is a worrying omen for Brazil’s fiscal health and companies operating in the county’s energy sector. Fears and uncertainty about the spread of the virus, which just weeks ago was a localised Chinese phenomenon, have spread into a global crisis weighing down demand prospects and lowering oil prices. World economic growth projections have been revised down to just c.1.5pc, and Brent has plummeted to its lowest level in the past 18 years. Against this background, and with the price crash of 2014 still fresh in the memories of many investors and managers, the global response to the
Also in this section
20 February 2026
The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
20 February 2026
Europe has transformed into a global LNG demand powerhouse over the last few years, with the fuel continuing to play a key role in safeguarding the continent’s energy security, Carsten Poppinga, chief commercial officer at Uniper, tells Petroleum Economist
20 February 2026
Sempra Infrastructure’s vice president for marketing and commercial development, Carlos de la Vega, outlines progress across the company’s US Gulf Coast and Mexico Pacific Coast LNG portfolio, including construction at Port Arthur LNG, continued strong performance at Cameron LNG and development of ECA LNG
19 February 2026
US LNG exporter Cheniere Energy has grown its business rapidly since exporting its first cargo a decade ago. But Chief Commercial Officer Anatol Feygin tells Petroleum Economist that, as in the past, the company’s future expansion plans are anchored by high levels of contracted offtake, supporting predictable returns on investment
