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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.

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

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

Búzios Hits Record 1.1 Million Bpd Production

Output surpassed the previous October 2025 milestone of 1 million barrels per day

Petrobras To Resume UFN-III Fertilizer Plant Construction

The company is also evaluating the expansion of the UFN-III facility, as well as the Bahia and Sergipe fertilizer plants and ANSA

Petrobras Wants Boaventura To Become A Petrochemical Hub

CEO Magda Chambriard said she has the right to dream of creating a plastic-producing and plastic-consuming industrial cluster in Itaboraí, Rio de Janeiro

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

Accounts Court Upholds 4 MEZ Transmission Lots In July Auction

The decision validates a negotiated agreement among the public agencies involved

Itaipu & Embrapa Monitor Wildlife In Reservoir Protection Zone

Field research covers 15 sampling points between Guaíra and São Miguel do Iguaçu; species monitoring serves as an indicator of environmental health

Electrified Vehicle Fleet Grows 48% In One Year

Brazil reaches 683,000 units and expands charging demand, says NeoCharge

Armor Forecasts Yellow Tariff Flag For July

According to the energy trader, prices in Brazil’s free energy market are expected to remain within a range of R$ 150/MWh to R$ 250/MWh (US$ 28.90/MWh to US $ 48.17/MWh)

Most Read

1

Oil & Gas

24 junho 2026

Ibama Seeks Further Revisions To Petrobras’ Equatori...

Ibama Seeks Further Revisions To Petrobras’ Equatorial Margin Wildlife Protection Plan

2

Oil & Gas

25 junho 2026

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

Petrobras To Resume UFN-III Fertilizer Plant Construction

3

Oil & Gas

25 junho 2026

Búzios Hits Record 1.1 Million Bpd Production

Búzios Hits Record 1.1 Million Bpd Production

4

Oil & Gas

26 junho 2026

Braskem Seeks Court Protection From Creditors

Braskem Seeks Court Protection From Creditors

5

Oil & Gas

29 junho 2026

46 Companies Register For Upcoming E&P Licensing Rounds

46 Companies Register For Upcoming E&P Licensing Rounds

From The Media

JUL 01, 2026 - Merco Press

During Mercosur's 68th summit of heads of state, held on Tuesday (June 30) in the Paraguayan city of Luque, Mercosur announced the start of trade negotiations with Japan and reaffirmed its intention to diversify alliances toward Asia. The meeting, however, closed without an agreement on the internal distribution of export quotas under the treaty with the European Union, and again exposed the differences between Argentina and Brazil over the bloc's direction. The opening toward Japan, a market of about 120 million people, was presented as the bloc's main bet following the provisional entry into force of the agreement with the EU. The parties had already held two technical meetings in January and March, and the decisive push came from a meeting between Brazil's President Luiz Lula da Silva and Japanese Prime Minister Sanae Takaichi during June's G7 summit. Lula said the bloc would also seek to negotiate with China and is advancing deals with Canada, Vietnam, India and the United Arab Emirates.

JUL 01, 2026 - Reuters

A looming Russian diesel export ban could not come at a worse time. Global fuel inventories are dangerously low, and after the biggest energy shock in decades, another supply hit could threaten a fragile recovery. Russian President Vladimir Putin said on Sunday (June 28) that the ​Kremlin was considering a ban on diesel exports after acknowledging mounting domestic shortages.Those shortages were triggered by Ukrainian drone strikes on Russian refineries. The energy-dense fuel sits at the heart of global economic activity, powering heavy transport, industry and agriculture — from trucks and shipping to construction machinery and tractors. The market is still recovering from the closure of the Strait of Hormuz, and the sudden supply ​crunch that triggered acute shortages.

JUL 01, 2026 - Valorinternational.globo.com

Banks have tightened lending to electricity trading companies following a series of court-supervised reorganization filings, prompting energy firms to highlight business diversification strategies as they seek to restore confidence ahead of Brazil’s full electricity market liberalization. The first half of the year was marked by restructuring requests from companies including Tradener, which pioneered Brazil’s free energy market, as well as Electra, IBS Energy Group, Diferencial Energia, and others. In their court filings, the companies cited a combination of factors, including greater volatility in electricity prices, reduced power supply, and a lack of predictability in the sector’s pricing model, arguing that these conditions have created a challenging market environment, although the extent of the crisis remains a matter of debate.

JUL 01, 2026 - Mining-technology.com

As Western governments seek to reduce dependence on Chinese rare earth supply chains, Brazil is emerging as one of the world’s most promising new sources of critical minerals The country holds the world’s second-largest rare earth resource base and is home to a growing number of advanced ionic clay projects. At the same time, the recent G7 declaration on critical minerals has reinforced the strategic importance of developing new mining, processing and recycling capacity among trusted partners. But geology alone will not determine success. Financing, permitting, downstream processing and international partnerships will all shape whether Brazil can establish itself as a reliable supplier of magnet rare earths to Western markets.

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