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Petrobras Cuts Jet Fuel Prices By 14.5%

The reduction represents a decrease of R$ 0.81 (US$ 0.15) per liter

Equinor Completes FPSO Raia Living Quarters Commissioning

The platform will begin operating at the Raia project in the Campos Basin pre-salt province in 2028

Brazil & France Conduct Joint Equatorial Margin Search & Rescue Exercise

The tabletop exercise, conducted by the Brazilian Navy's Salvamar-Norte and France's ARCC Cayenne, simulated the disappearance of an aircraft flying between Oiapoque and a Petrobras offshore platform

FPSO Cidade De Niterói Begins Decommissioning In Denmark

According to Modec, the platform's owner and operator, which operated for Petrobras at Marlim Leste for 17 years, the MV18 has already arrived at a recycling facility

O&G Zoning Study Highlights Brazil’s Equatorial Margin Basins

The 2023–2025 National Oil and Gas Resources Zoning study, released for public consultation, evaluated 19 sedimentary basins, with analysis focused on the Foz do Amazonas and Pelotas basins.

Petrobras Negotiates Boaventura Refining Project Insurance Coverage

Tokio Marine submitted the lowest bid in the tender. The R$ 34.27 million (US$ 6.64 M) proposal covers completion of the Boaventura refining project

Petrobras Limits Brent Price Increase Impacts On Natural Gas Prices

Optional mechanism could reduce the natural gas price adjustment for distributors from 22% to 6%; distributors view the measure as a positive step toward greater pricing predictability

Karoon Resumes Baúna SPS-92 Well Production

Production restart lifted field output to 20,500 bpd; an additional 1,000–2,000 bpd could be added once the PRA-2 well returns to service

Court Order Delays Braskem’s US$ 520 M Debt

São Paulo bankruptcy court grants preliminary injunction providing temporary creditor protection after creditors rejected the petrochemical company's restructuring proposal

Atlas Lithium Gets Environmental License Expansion OK

Located in the Jequitinhonha Valley (state of Minas Gerais), the asset is the company’s main lithium project in Brazil

Gasmig Signs Minas Gerais Biomethane Production Contract

The project includes Uberaba production facility and R$ 1 Billion (US$ 192.68 Million) in infrastructure investment

ANP Designates 86 Additional Equatorial Margin Blocks For Future Licensing

Exploration acreage in the Foz do Amazonas, Pará-Maranhão, and Barreirinhas basins will not be included in the 6th Permanent Concession Offer (OPC) Cycle scheduled for later this year and will instead be evaluated for inclusion in future bidding rounds

46 Companies Register For Upcoming E&P Licensing Rounds

October 7 bidding sessions scheduled for exploration blocks have attracted 46 registrations for the 6th Permanent Concession Offer (OPC)—43 fully qualified and three with pending documentation—and 19 qualified registrations for the 4th Permanent Production Sharing Offer (OPP)

ANP Approves 3rd-Party Access To LNG Terminals

The regulation establishes a framework for negotiated, non-discriminatory 3rd-party access to essential natural gas infrastructure—including LNG terminals, gas gathering pipelines, and natural gas processing facilities

Braskem Seeks Court Protection From Creditors

The petrochemical company and subsidiaries have initiated mediation proceedings through a private dispute resolution chamber while simultaneously filing a court request for emergency protection from creditors

MME Unveils National Mining Plan 2050

Document was presented during a meeting of the National Mineral Policy Council (CNPM), where Mines and Energy (MME) Minister Alexandre Silveira also launched the Basic Framework for Sustainable Brazilian Mining

Replacing Fossil Fuels With Renewables Saves Brazil US$ 32 B

Brazil ranked third globally in avoided fossil fuel expenditures in 2025, according to the International Renewable Energy Agency (Irena)

Aneel Opens 2nd Smart Meter Requirements Public Consultation

Contributions may be submitted through August 14 to help define minimum requirements for new equipment

Siemens Prepares To Serve Ethanol-Fired Thermal Power Market

The company already offers a portfolio of turbines and other equipment capable of operating on renewable liquid fuels

Tsea Opens Technical Hub To Serve U.S. Market

Facility provides technical support and will later be expanded into an equipment manufacturing operation

Petrobras Cuts Diesel Price

Price reduction will not affect the amount charged to fuel distributors

May’s Electricity Consumption Up 2.1%

The commercial sector led growth, according to the EPE, driven by expanded activity and temperature-related effects

ONS Curtails 20 GW Of Renewable Generation During Brazil Match

Measure avoided risks to system stability amid drop in electricity consumption during the Monday (June 29) match

Casa Dos Ventos To Supply Sabesp Renewable Energy

The long-term agreement with the São Paulo Basic Sanitation Company calls for the delivery of 126 average MW generated by the Rio Brilhante Solar Complex

Âmbar Invests US$ 12.5 M To Expand Biomethane Production

Investment will increase biomethane output by 14 million cubic meters at Friboi Plants in Campo Grande II (state of Mato Grosso do Sul) and Lins & Andradina (both in the state of São Paulo)

LED Lamps & Lightbulbs Regulation Published

Resolution could generate cumulative savings of between 283 and 432 TWh by 2040

ONS Conditions Battery Projects On Grid Charging Capacity

Criterion could reduce available capacity for the December 2026 LRCAP Auction projects

Elea-Axia Partner To Build Belém AI Data Center

The Amazon region's first AI-focused data center will be powered entirely by renewable energy

WEG To Supply Motors For Largest USA Lithium Project

Contract covers the supply of approximately 600 electric motors for the entire Lithium Americas's Thacker Pass plant, located in northern Nevada

Electricity Regulator Concerned About National Grid During Upcoming Match

Aneel director says the country is approaching a point where excessive distributed generation could trigger a system collapse

Most Read

1

Oil & Gas

25 junho 2026

Petrobras To Resume UFN-III Fertilizer Plant Constru...

Petrobras To Resume UFN-III Fertilizer Plant Construction

2

Oil & Gas

29 junho 2026

46 Companies Register For Upcoming E&P Licensing Rounds

46 Companies Register For Upcoming E&P Licensing Rounds

3

Oil & Gas

29 junho 2026

ANP Designates 86 Additional Equatorial Margin Block...

ANP Designates 86 Additional Equatorial Margin Blocks For Future Licensing

4

Oil & Gas

30 junho 2026

Karoon Resumes Baúna SPS-92 Well Production

Karoon Resumes Baúna SPS-92 Well Production

5

Oil & Gas

01 julho 2026

Petrobras Limits Brent Price Increase Impacts On Nat...

Petrobras Limits Brent Price Increase Impacts On Natural Gas Prices

From The Media

JUL 02, 2026 - Merco Press

Argentina's country risk closed this week at 421 basis points, its lowest level in eight years, amid a strong recovery in dollar-denominated sovereign bonds driven by recent improvements in the country's credit rating. The indicator, compiled by the bank JP Morgan, reflects the premium Argentina must pay to borrow in dollars over US debt, considered risk-free. The compression accelerated after the decisions by the agencies Fitch Ratings, in May, and Standard & Poor's, in June, to raise Argentina's sovereign rating to “B-,” leaving behind the category associated with a very high risk of default. The rating agencies attributed the improvement to fiscal adjustment, slowing inflation, the recovery of reserves and the government's greater capacity to refinance its maturities. Dollar-denominated debt securities gained more than 10% in the first half of the year.

JUL 02, 2026 - Briefs.co

Brazil wants to keep its data at home. Right now, about two-thirds of the country's data is processed abroad. Now Chinese tech giant ByteDance is building a massive US$ 39 B data center that could change that - but it also brings new risks. Brazil generates almost 90% of all electricity from renewable sources - hydroelectric, solar, and wind. That's a huge draw for data centers, which consume enormous power. The location in Ceará state also sits near Fortaleza, where undersea cables connect Brazil to North America, Europe and Africa. "Brazil has all the attributes to become a data center hub," said Rodrigo Borges, who represents Aurora Energy Research in Brazil, a UK consulting firm. The state offers a free-trade zone that avoids steep tariffs on imports of computer gear. That saves ByteDance money. The move also aligns with the goal of Brazil's President Luiz Lula da Silva, to deepen ties with China.

JUL 02, 2026 - Business-standard.com

India’s state-run Bharat Petroleum Corporation Ltd (BPCL) has signed definitive agreements to acquire the entire shareholding of Videocon Energy Brazil Ltd (VEBL) in IBV Brazil Petroleo Limitada, a jointly owned upstream company that holds participating interests in O&G concessions in Brazil, including the BM-SEAL-11 concession, which is currently under development. In a filing Wednesday (July 1), BPCL said the move would strengthen India's energy security. Following the acquisition, IBV Brazil Petroleo Limitada will become a wholly owned subsidiary of BPRL Ventures BV, BPCL's overseas arm. BPCL currently holds a 65.40 per cent stake in IBV Brazil Petroleo Limitada.

JUL 02, 2026 - Carboncredits.com

Amazon is boosting its clean energy investments by focusing on sustainable aviation fuel (SAF). The company has invested in Brazil-based biotechnology firm GranBio. This partnership aims to speed up the development of technology that turns forestry waste and construction debris into low-carbon aviation fuel. Global airlines face a challenge: the supply of SAF is limited. Demand is rising, but production is not keeping pace with the industry’s net-zero goals. By backing GranBio, Amazon hopes to create a fuel pathway that helps its own transportation network and benefits the wider aviation sector. This investment is part of Amazon’s climate strategy, known as The Climate Pledge. The goal is to achieve net-zero carbon emissions by 2040. Transportation is a major source of emissions for Amazon. While electric delivery vehicles are expanding, aviation and long-haul freight still need liquid fuels. Thus, sustainable aviation fuel is key to Amazon’s decarbonization efforts.

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