Mon. Jun 8th, 2026
China continued to cement its growing resource
relationship with Brazil this week. With reports emerging that
a Chinese consortium will bid to construct a 1,100 km,
$3.9 billion railway to transport grain from Brazil’s central-west
region to the northern port of Miritituba.  But even bigger
things were afoot the past few days in Brazil’s oil sector. Where
officials pushed through a last-minute judicial scare in order to
pull off a historic bid round for offshore rights in the
prolific pre-salt play. As…

China continued to cement its growing resource
relationship with Brazil this week. With reports emerging that
a Chinese consortium will bid to construct a 1,100 km,
$3.9 billion railway to transport grain from Brazil’s central-west
region to the northern port of Miritituba.  But even bigger
things were afoot the past few days in Brazil’s oil sector. Where
officials pushed through a last-minute judicial scare in order to
pull off a historic bid round for offshore rights in the
prolific pre-salt play. As…

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