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ICL Questions Manaus Refinery’s FTZ Tax Advantage

Fuel market association argues incentives may create competitive imbalance, loss of tax revenue, and market concentration

Alvopetro Finds 47.7 m Of Net Pay In Murucututu

7th well in the field was drilled in April this year. The company also found 21.9 m of net pay in a different sequence of the Maracangalha Formation, which is not yet included in reserve or resource estimates

Petrobras To Join Equinor In Itaimbezinho Block

State-owned company says partnership maximizes synergies in the Campos Basin, where it already develops adjacent assets in consortium with Equinor

Pampa Energía Selects Halliburton To Digitalize Vaca Muerta

Initiative aims to build a scalable digital foundation to support the company’s expansion in Argentina

Wärtsilä Engines To Support Transpetro’s Decarbonization

Equipment will be capable of operating on biofuels and prepared for future conversion to ethanol and methanol

Petrobras Studies Battery Usage In Subsea Applications

Company is also seeking to develop an integrated system for continuous monitoring and sensing of subsea wells. The opportunities are part of the “Connections for Innovation” program

Petrobras To Submit Another SEAP Bid

The company will contract the project, construction, operation, and decommissioning of a yard where pipes for the onshore section of the gas pipeline that will transport production will be stored

BNDES To Invest US$ 967 M In O&G Vessels In 2026

Funds destined for financing new vessel construction, dry-docking, shipyard modernization, and decommissioning are expected to match the amount disbursed by the bank last year

CNOOC & PetroChina Acquire Cargoes In PPSA's 6th Spot Auction

CNOOC and PetroChina acquired cargoes of 900,000 barrels of crude oil from the Atapu field and 1 million barrels of crude oil from the Bacalhau field, respectively

Petrobras: Environmental Green Light To Use New Drilling Rig In Equatorial Margin Block

Brazil’s Environmental Regulator (Ibama) also requested that Petrobras submit an updated drilling schedule for the Morpho well

Equity Fund Takes Control Of Braskem – Seeks Court Restructuring

Private equity firm IG4 has completed the acquisition of shares held by controlling shareholder Novonor (formerly Odebrecht) to prepare judicial restructuring plan for US$ 9.25 B debt load

Petrobras To Decommission 19 Units By 2030

Company’s goal is to accelerate many projects since maintaining non-producing units comes at a cost

Ocyan-Petrobras Sign Decommissioning MoU

Agreement covers well plugging and abandonment activities, as well as subsea decommissioning operations

PetroReconcavo Increases Share Capital US$ 14,643

Company now holds US$ 574 M in share capital

Petro-Victory Gains More Time On 3 Potiguar Basin Blocks

O&G Regulator approved extension of the exploration phase for blocks POT-T-432, POT-T-434, and POT-T-477

Brasília Federal Court Overturns Injunction Against LRCAP

The Federal Court of Brasília had already upheld the auction in a previous ruling and found no new facts compared to the earlier decision

32% Ethanol Blend In Gasoline Proposal For CNPE

According to Mines and Energy Minister Alexandre Silveira, the measure could reduce gasoline imports by approximately 454 million liters

Cemig Allocates US$ 9.7 M To Rural Solar Projects

Initiative offers a minimum 60% subsidy for the acquisition of photovoltaic systems and battery energy storage systems on rural properties

Equatorial Turns Electricity Bills Into Information Channel

Initiative uses the back of energy bills to promote health, citizenship, and well-being campaigns to more than 14 million customers

Proper Price Signaling Can Solve Power System Imbalance

Independent Electricity Producers Association president says supply and demand control in the electricity sector should be handled through tariff signals & argues Brazil is behind other countries

Electricity Distributors Invested US$ 7.92 B In 2025

Information is included in the PDD 2026 released by Aneel – US$ 49.89 B in investments forecasted over the next 5 years

Energy Groups Urge CMSE To Reduce Thermal Generation Dispatch

Joint statement calls for changes at the committee's upcoming meeting to reduce thermal generation dispatch and estimates potential savings of US$ 580 M

Clark Solutions Secures US$ 2 M Finep Green Hydrogen Technology Funding

Funding will support the development of a Brazilian-made alkaline electrolyzer; plans to scale technology to +1 MW by end 2026

Reservoir Storage Forecast Above 65% Across Brazilian Subsystems

Northern region is expected to end June with reservoirs virtually full at 99.9%, while cold fronts help sustain hydropower storage levels, ONS says

CMU Energia To Invest US$ 14 M In EV Charging Network

Company aims to install 100 charging stations within 18 months, but grid connection delays of up to one year remain a major challenge, CEO Walter Fróes says.

Petrobras: US$ 4.5 M For Used Cooking Oil Collection & Recycling

Public call will fund four projects in Bahia and São Paulo aimed at expanding collection networks, supporting waste-picker cooperatives, and supplying feedstock for renewable fuels

Axia Invests US$ 697 M In Southern Brazil Projects

There will be 44 transmission projects in the systems of the Paraná, Santa Catarina, and Rio Grande do Sul states, in addition to the modernization of Itaipu’s evacuation system

MME Issues Dec. Battery Capacity Reserve Auction Rules

Auctions will procure battery energy storage systems with a minimum capacity of 30 MW and four hours of continuous operation; industry association welcomes the move.

MME: Capacity Reserve Auction Reduced Supply Risks

At a public hearing in Brazil's Chamber of Deputies, however, government representatives faced significant criticism from lawmakers regarding the auction's design

Cemig Launches Call For New EV Charging Corridors

Charging equipment will be supplied by Cemig in the state of Minas Gerais and available for free use throughout the project period

Most Read

1

Power

03 junho 2026

MME: Capacity Reserve Auction Reduced Supply Risks

MME: Capacity Reserve Auction Reduced Supply Risks

2

Oil & Gas

03 junho 2026

Suriname Delegation Meets O&G Companies In Brazil

Suriname Delegation Meets O&G Companies In Brazil

3

Oil & Gas

03 junho 2026

PetroReconcavo Increases Share Capital US$ 14,643

PetroReconcavo Increases Share Capital US$ 14,643

4

Oil & Gas

08 junho 2026

Petrobras: Environmental Green Light To Use New Dril...

Petrobras: Environmental Green Light To Use New Drilling Rig In Equatorial Margin Block

5

Oil & Gas

09 junho 2026

Petrobras Studies Battery Usage In Subsea Applications

Petrobras Studies Battery Usage In Subsea Applications

From The Media

JUN 10, 2026 - Reuters

Oil stockpiles in the world's largest economies are headed toward the lowest levels since at least 2003 due to the lost output from the Iran war, the U.S. Energy Information Administration (EIA) said ​on Tuesday (June 9). Total oil inventories in the members of the OECD ​will fall to just under 2.3 billion barrels by December, the EIA said, ⁠based on its current assumption that marine traffic through the Strait of Hormuz is unlikely to ​return to pre-conflict levels until early 2027. The OECD stockpile has not been this low since the EIA ​began keeping records in 2003, the agency said in its monthly report. Prices for global benchmark Brent crude oil are expected to average around US$ 105 ​a barrel in June and ​July in the ⁠spot market, the EIA said, well above the US$ 91.60 a barrel in the futures market on Tuesday.

JUN 10, 2026 - Nationalinterest.org

The war in Iran has put the importance of Latin America into stark relief. While around 20 percent of the world’s oil hydrocarbons remain trapped behind the Strait of Hormuz, newer energy suppliers in Latin America, led by Brazil and Guyana (not to mention more Venezuelan barrels hitting international commodity trading markets), have helped offset the powerful legacy export markets in the Middle East. Latin America and the Caribbean appear poised to continue hydrocarbon development. But beyond O&G, a less obvious ramification of the war is ratcheting up political attention paid to Latin American mineral resources. The US-Iranian conflict is demonstrating the centrality of AI-enabled warfighting in real time. AI has entered a new era of national security centrality. Underpinning the software revolution is a staggering amount of physical materials, with critical minerals such as copper, lithium, nickel, and rare earth elements (REEs) providing the energy transmission plumbing needed to generate scalable computing power.

JUN 10, 2026 - International Airport Review

The International Air Transport Association (IATA) has highlighted Brazil’s potential to become one of the world’s leading producers of Sustainable Aviation Fuel (SAF). According to IATA, airlines will require approximately 500 million tonnes of SAF annually to meet the sector’s commitment to achieving net zero carbon emissions by 2050. Brazil is considered particularly well-positioned due to its extensive biomass resources, established biofuels industry, and existing energy infrastructure. IATA estimates that Brazil could produce approximately 60 million tonnes of SAF. In the shorter term, sustainably sourced sugar-based ethanol together with virgin and waste oil feedstocks could provide around 18 million tonnes of feedstock by 2030, translating into approximately 12 million tonnes of SAF production potential.

JUN 10, 2026 - Datamarnews

Brazil’s cheap, abundant land has long helped its farmers create vast, low-cost farms, allowing them to wrest export markets from U.S. farmers hurt when China began switching suppliers during ​President Donald Trump’s tariff wars. But the Iran war has sent fertilizer prices soaring since much of the world’s fertilizer flows have been bottled up inside the Strait of Hormuz. The U.S. produces much of its own fertilizer, but Brazil relies heavily on imports, so many of its farmers have cut back on fertilizer purchases. Brazil’s farmers are saddled with thousands of acres of farmland producing diminishing returns or even losses. Many are starting to accumulate significant debt. Brazil’s spring planting starts in September, so its farmers are currently exposed ​to soaring fertilizer prices. U.S. farmers were mostly done with their purchases when the war began.

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