---

---

DAILY MARKET PRICE

---

---

HEADLINES OF THE DAY

————————————————

---

May 11, 2020 – In terms of the global restrictions of COVID-19 still in place we are relieved that the situation is improving within the businesses sectors schools and airports which have started gradually to see life again.

SI Group is still in slow down phase unable at the present time to travel and do the necessary business needed to serve our partners and clients.

We are still receiving many requests to quote within the Agricultural and energy sectors and we apologies for not being able to quote and plan for this. We are expecting that a gradual startup will begin by the May 25, 2020 and be fully operational by June 30, 2020.

We thank you for your patience and ask you to keep on staying safe.

The SI Group

______________________________________________________________________________

May 7, 2020 – The busy Port of Santos is headed towards privatization, and the administration of Brazilian President Jair Bolsonaro has selected the policy bank BNDES to develop options for the process. 

Santos is the largest port in South America, and it handles nearly 30 percent of Brazil’s cargo – notably its giant agricultural commodity export volume, including soybeans and sugar. It sees about 4,800 ship calls a year at about 50 terminals. 

Under the agreement, announced Wednesday by the Santos Port Authority and Brazil’s Ministry of Infrastructure, BNDES will develop several models for privatizing the operations of Port of Santos and the nearby Port of São Sebastião. The studies are due in early 2021 and the auction is scheduled for 2022. 

The Bolsonaro administration has also launched an auction process to privatize two publicly-owned liquid bulk terminals at Santos, with the transition scheduled for 2021.

Through privatization, the administration hopes to attract new investment to the country’s ports sector and to signal that Brazil is open for business – even in the coronavirus era. “The privatization of the Port of Santos, due to its importance in our trade balance, will be a milestone for the sector and for the recovery of the economy,” said BNDES president Gustavo Montezano.

The port privatization measures will proceed under the management of a new Port of Santos CEO, Fernando Biral, who was confirmed by the Ministry of Infrastructure last week. Outgoing CEO Casemiro Tercio Carvalho announced his resignation in late April. 

The port has kept its operations running despite the pandemic thanks to an agreement between its operators’ association and its unions Basic screening measures are in effect for individuals entering terminals, and the port’s stakeholders have negotiated new safety guidelines for activity inside of the gates. As at other seaports around the world, merchant ships have to declare any illness on board before arrival. 

______________________________________________________________________________

May 5, 2020 – SI Group would like to give a very warm welcome to Paola Andrea Gómez Gómez as our newest member of SI Group. Paola Andrea Gómez Gómez will be occupying the position as Vice-President and member of the Board overseeing Trade for all of South America.

Additionally we are honored to have her as a partnering member to SI Colombia Corp S.A.S as the sister company and agency to SI Group located in Medellin, Colombia.

We wish Paola Gómez much success and look forward in working with Paola and growing SI Group in Colombia as a team with her. We look forward to Colombia as the door to the vast opportunities and business South America has to offer. Through Paola Gómez and her business experiences she has acquired over the years we are very excited and honored to working with her.

Paola Gómez sits on the Board of Directors since September 13, 2019.

______________________________________________________________________________

SI GROUP Is Proud to have Strong And Reliable Partners and Suppliers Throughout Latin America.

March 2, 2020 – There are many rare and precious commodities which are sourced out of the ground; Metals – Oil – Gold – Diamonds etc. The most important is agricultural. the human race needs first and formost food to be able to live and grow. SI Group supplies Sugar – Corn – Barley and Soybean from both Argentina and Brazil. pictures here are from Soybean plantations in Brazil with Dr. Nizar Sofani and buyers from China.

______________________________________________________________________________

SI GROUP In China Developing Trade Relationships In Energy And Agricultural Products.

March 2, 2020 – We are constently moving and making ourselves available in building relationships with our current and future buyers – suppliers or partners one day at a time. (Dr. Nizar Sofani – Partner SI Group and Clients)

______________________________________________________________________________

Energy & Precious Metals – Weekly Review and Calendar Ahead

March 1, 2020 – much worse could it get for oil?

Crude prices took their cue from a nosediving stock market to lose up to 16% this week for the biggest weekly tumble since the Great Recession that began in 2008. That’s a known. 

But pundits looking at the carnage across markets from the coronavirus epidemic are warning that it could get a lot worse for oil and other risky assets before it gets better.

So, will crude prices drop to $40 a barrel? $30? Or even lower?… Continue Reading →

______________________________________________________________________________

China’s Oil Demand Could Rebound Sooner Than Expected

March 1, 2020 – China’s fuel demand has materially weakened after the coronavirus outbreak forced authorities to lock down cities and discourage travels. Some estimates put the current demand loss in China at around 4 million barrels per day (bpd) of fuel.   Still, China’s crude oil imports are expected to have held up pretty well in February, slowing by just around 160,000 bpd compared to January import levels, according to Reuters columnist Clyde Russell who cites estimates from Refinitiv Oil Research. Crude oil imports into the world’s…Continue Reading →

______________________________________________________________________________

Venezuela revamps PDVSA leadership after Maduro launches restructuring

28/Feb/2020 – CARACAS (Reuters) – Venezuela has named new vice presidents for four units of state oil company PDVSA, as well as a new president for the unit that handles joint ventures with private oil companies, PDVSA said on Saturday. 

The company asked several vice presidents to resign amid a shakeup announced earlier this month, when socialist President Nicolas Maduro named a commission led by Economy Vice President Tareck El Aissami to restructure the industry…Continue Reading →

______________________________________________________________________________

Coronavirus Panic Is Causing A Worst-Case Scenario For Oil

28/Feb/2020 – The World Health Organization on Friday upgraded its global risk assessment for the coronavirus to “very high”, anxious oil markets are wondering when might be a good time to panic about the oil demand and its effect on inventories, investment dollars, and ultimately, oil prices. Now could be as good of a time as any…Continue Reading →

______________________________________________________________________________

June 4, 2019 – SI Colombia Corp SAS has been up and running for the past four months now as part of the SI Group Corporation created and registered on 25/JAN/2019 in Bogota, Colombia. effective immediately through legal channels the name is in the process of being changed to SI Metals SAS with 100% ownership to the CEO Mr. Luciano Stefanelli.

______________________________________________________________________________

June 18, 2019 – SI Energy Corp on this day the 18 of June 2019 we would like to thank Ms. Flor Iris Riera Engineer and Masters degree in oil and gas for the many years working with us. With much regret but at the same time much happiness for the new opportunities and new challenges she has found, we At SI Group wish Floriris all our hopes and best wishes with her new endeavors.

______________________________________________________________________________

July 1, 2019 – SI Group would like to wish a Happy Canada Day to all Canadians around the world on this day the 1^st of July.

Background

On July 1, 1867, the British North Americas Act created the Dominion of Canada as a federation of four provinces. This event is known as the confederation of Canada. The four original provinces were created from the former British colonies of Nova Scotia, New Brunswick and the Province of Canada, which was divided into the provinces of Quebec and Ontario. Canada’s boundaries have been extended since 1867. The country now consists of 10 provinces and three territories.

On June 20, 1868, the Canada’s Governor General proclaimed that Canadians should celebrate the anniversary of the confederation. July 1 became a holiday, known as Dominion Day, in 1879. However, no official celebrations were held until the 50th anniversary in 1917 and the 60th anniversary in 1927. After World War II, Dominion Day was celebrated more frequently and more events were organized by the national government. After the centenary of the confederation in 1967, Dominion Day events became more widespread. July 1 became popularly known as Canada Day. The date was also officially known as Canada Day from 1983 onwards.

Since 2006 Canada Day celebrations were also held at London’s Trafalgar Square in the United Kingdom. It is expected that these celebrations will be held annually. Depending on the availability of Trafalgar Square, these events may be held just before, on or just after July 1.

______________________________________________________________________________

July 4, 2019 – SI Group would like to wish all Americans a happy and safe 4th of July around the world.

US citizens celebrate American Independence Day on the Fourth of July every year. July 4, 1776, is seen as a day that represents the Declaration of Independence and the birth of the United States of America as an independent nation.

*****

August 15, 2019 – SI Group would like to give a warm welcome to Dr. Nizar Sofani as our newest member of SI Group. Dr. Sofani will be occupying the position as Senior Vice-President / Partner of SI Group Montreal Inc. and will be the head of the gas and oil division for SI Energy Corp in Europe. We are grateful to have Dr. Sofani on board bringing his extensive and valuable International business experience with him to the Group.

Education
Business high school Denmark   1969 — 1975
Doctor of Philosophy (Ph.D.), International Economics, PHD in international Finance, PHD in international Marketing, European community

______________________________________________________________________________

October 25, 2019 – SI Group is pleased to anounce that we are now on this day the 25 of October in a joint working venture with Kian Oil Group Corporation to start supplying Oil and Gas. We thank our Senior Vice President and Partner Dr. Nizar Sofani who has negotiated this joint Venture with Kian Oil Group on behalf of SI Group.

_________________________________________________________________________________