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Lula: Petrobras Nears Announcement On Equatorial Margin Oil Prospects

Brazilian president says potential discoveries could boost development across the entire Northern region – President also backs Petrobras-Pemex partnership

Petrobras Seeks Return To Mining Sector

Critical minerals, potash, and uranium are on the Petrobras radar – also plans to double fertilizer production capacity

Brava Secures Partial Bondholder Approval For Ecopetrol’s Tender

Holders of Enauta’s 4th debenture issuance approved the transaction, but additional bondholder approvals are still required for the deal to proceed.

Petrobras To Invest US$ 11.9 B In SEAP

In 2028, the company will launch tenders for the decommissioning of 26 platforms in Sergipe – bidding process either will cover the entire group of units or separate tenders for each platform

Antitrust Authority Approves TGS-SLB Pelotas Basin Partnership

The agreement aims to jointly develop and operate offshore multi-client 3D seismic projects in Brazil’s emerging exploration frontier

Cade Accepts Petrobras As Interested Party In CBO/OceanPact Deal

State-controlled company says the potential CBO acquisition raises antitrust concerns

Repsol Sinopec Advances DAC & E-Fuels Projects In Brazil

Company develops direct air capture technology and targets pilot-scale deployment for synthetic fuel production

Baker Hughes-Petrobras Extend Santos Basin Contract

Company expands integrated well construction services across Brazil’s largest offshore producing basin

Brazil Has Global Energy Opportunities Amid Geopolitical Tensions

Petroleum institute president says Brazil’s reserves and diversified energy matrix position it to expand its global energy supply role

Imetame Returns Block In The Tucano Sul Basin

TUC-T-140 was acquired in the 3rd Cycle of the Permanent Production Sharing Offer

Lupatech Seeks Restructuring For US$ 58.6 M Debt

Liabilities belong to the valve producer’s subsidiaries

Gasmig Launches Biomethane Public Call

The objective is to contract up to 250,000 cubic meters per day of the renewable fuel produced in the state of Minas Gerais and delivered to the Triângulo Mineiro region

Ecopetrol Launches Tender To Acquire Additional 25% Stake In Brava Energia

The public offer targets approximately 116.1 million common shares at R$ 23 (US$ 4.11) per share, with the goal of increasing Ecopetrol’s ownership stake to 51%

36 Companies Registered So Far For 6th Permanent Concession Offer (OPC)

The bid round includes 495 exploratory blocks and five marginal accumulation areas across 11 sedimentary basins, with total signature bonuses amounting to R$ 2.1 billion (US$ 375 million)

Oil Workers Challenge FTZ Refinery Tax Exemption

FUP, Sindipetro-AM, and Anapetro request admission to Supreme Federal Court as amici curiae in constitutional lawsuit contesting exemption from refining taxes

Renewable Sector Agenda For Presidential Candidates

Joint letter from the Global Renewables Alliance (GRA), associations, and companies advocates policies to expand energy security & industrial competitiveness

Porto Alegre Inaugurates Brazil’s First 480 kW Charger

With an investment of US$ 198,000, the High Power Charger (HPC) operates at 480 kWh and can recharge up to four vehicles simultaneously

April Power Consumption Up 3.8%

Increase reverses the downward trend seen in the previous two months, with all regions posting higher consumption, according to EPE.

AI: US$ 200 B Energy Sector Savings By 2030

Applications of the technology include optimization and control of power systems, asset lifecycle management, and energy efficiency and consumption management, according to a Deloitte study.

Abdan Calls For Nuclear Framework Modernization

Nuclear association president Cunha says Angra 3 restart can proceed in parallel with construction of other plants

Aneel Launches Public Consultation On Utility Efficiency Criteria

Consultation May 28-July 13 will discuss improvements to regulatory efficiency calculations for electricity distribution companies

Brazil Plans US$ 589 M For Amazonas State Energy Projects & Lights For All

The package includes new thermoelectric projects by Âmbar Energia and initiatives to expand electricity access in isolated communities

Armor Forecasts Continuation Of Yellow Tariff Flag In June

Deregulated energy market prices are expected to remain within an estimated range between US$ 49.50 and US$ 35.60

Itaipu Invests US$ 5.2 M In Southwest Paraná

Agreements cover urban paving, university infrastructure and sustainable agricultural technology projects

4th Eco Invest Brazil Auction Unlocks R$ 13.2 B (US$ 2.36 B)

Approximately R$ 7.9 B (US$ 1.41 B) will be allocated to infrastructure projects spanning energy, sanitation, connectivity and low-carbon logistics

Federal Public Prosecutor Questions Land Use By SPIC Wind Farms In Paraíba

Agency asks Aneel to investigate possible land ownership irregularities and lack of consultation with fishing community

Hydropower Plants Gain Importance In Grid Modulation

Volt Robotics study shows that the role of hydropower plants has changed, and their new function needs to be properly compensated

EAR Remains Above 55% Across All Brazilian Power Subsystems

Southern region is expected to post the strongest Natural Inflow Energy performance at 101% of the long-term average

Communications Solution Increases Response Speed During Blackouts

Utilities could reconnect field devices up to 60% faster

Green Hydrogen Association (ABIHV) & NLHydrogen Sign MoU

Memorandum establishes cooperation in 3 main areas: project and hub development, standards and certification, and market and offtake

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From The Media

MAI 29, 2026 - Al Jazeera

The U.S. has announced its intention to designate two Brazilian gangs as “terrorist” organizations, continuing a push under President Donald Trump to blur the distinction between criminal and “terrorist” activity. Secretary of State Marco Rubio said on Thursday (May 28) that the designations would target the Primeiro Comando da Capital (PCC) and the Comando Vermelho, the two largest criminal networks in Brazil. The “Foreign Terrorist Organization” label will be effective starting June 5. In the meantime, Rubio explained that they had already been assigned to the category of “Specially Designated Global Terrorists”, a similar category that draws its authority from the International Emergency Economic Powers Act (IEEPA).

MAI 29, 2026 - The Globe and Mail

Petrobras has announced a bold plan to resume substantial investments in the Urucu natural gas hub, located in the Solimões Basin, according to Upstream. This move aims to revitalize production in one of Brazil’s most significant onshore energy regions, reinforcing the company’s role in the sustainable economic and social development of the Amazon. The Urucu cluster, which celebrates its 40th anniversary in 2026, remains the largest onshore hydrocarbon province in Brazil, producing an impressive 105,000 barrels of oil equivalent per day despite a decade-long lapse in investment.

MAI 29, 2026 - Water Power Magazine

COPEL (Companhia Paranaense de Energia) gave ANDRITZ two turnkey contracts for the supply and commissioning of additional generating units at the Foz do Areia and Segredo hydropower plants on the Iguaçu River in the state of Paraná. The combined order value is in the mid-three-digit million-euro range and was included in ANDRITZ’s order intake for the first quarter of 2026. The expansion will add more than 2.1GW of new capacity to the two hydropower plants, which currently have a combined output of 2.9GW. COPEL’s total installed capacity will increase from 6.2GW to 8.3GW, representing a 34% rise intended to strengthen the stability and resilience of the Brazilian electric grid and support the integration of renewable energy.

MAI 29, 2026 - Ethanol Producer Magazine

Três Tentos Agroindustrial (3tentos), a Brazilian agribusiness company, on May 20 announced it has received approval from Brazil’s O&G Regulator (ANP) to begin production at a corn ethanol plant in Porto Alegre do Norte (state of Mato Grosso). In the first quarter report, 3tentos noted that construction was complete on the facility, which is the first ethanol plant developed by the company. ANP officials inspected the facility on May 6-7 and on May 19 issued a notice authorizing the plant to begin operations. According to the ANP, the facility has the capacity to produce 1,275 cubic meters per day of hydrous ethanol and 1,215 cubic meters per day of anhydrous ethanol. That equates to an annual capacity of approximately 240 MMgy.

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