ANP Distributes US$ 2.3 B In Special Participation For 2Q26 Federal government received US$ 1.14 B, while the states of Rio de Janeiro, São Paulo, Espírito Santo and Amazonas received US$ 905.8 M and 20 municipalities received US$ 211.5 M
Eneva Finds Gas-Bearing Fluids In Amazonas Basin Well Pioneer well began drilling in the AM-T-85 block in mid-July
Petrobras & Halliburton Sign CCS Project Contract Company will be responsible for drilling 4 onshore wells at the Barra do Furado Station in Quissamã (state of Rio de Janeiro). The wells are part of the São Tomé CCS pilot project
Equatorial Margin Discovery Welcomed By Industry IBP & Abespetro highlighted the announcement’s importance for strengthening energy security and Brazil’s O&G supply chain. The new frontier could begin producing within a few years and replenish reserves and drive regional development
Petrobras Discovers Oil In Foz Do Amazonas Basin Hydrocarbons were identified at a water depth of 2,886 meters in the Morpho well, off the coast of the state of Amapá
Argentina LNG Seeks RIGI Approval For US$ 51 B Project The country's largest-ever project includes gas production from Vaca Muerta, dedicated transportation infrastructure, liquids processing and fractionation facilities, and two floating liquefied natural gas (FLNG) units for export, with combined capacity of 12 million tonnes per year
Eneva Seeks Mix Of Industrial and Transportation Customers for LNG The company is looking for customers for the 250,000 cubic meters per day of LNG that is no longer being taken by Vale
Eneva’s Profit Plunges 91% In 2Q26 The company posted net income of R$ 31.2 million (US$ 6.0 M) from April through June, compared with net income of R$ 364.5 million (US$ 70.3 M) in the same period last year
Environmental Groups Protest Oil Companies’ Profits The People’s Press Conference action took place outside the headquarters of Eneva and Prio in Rio de Janeiro, with the aim of drawing attention to their earnings and climate impacts
Tupi Asset Reaches Cumulative Production Of 4 B Barrels Petrobras reaches this milestone for the first time in its 73-year history with Tupi
Mandacaru Energia Acquires 3 Fields From Nova Petróleo The fields are producing in the onshore portion of the Recôncavo Basin. ANP has approved the transfer, which remains subject to certain conditions
ANP & B3 Develop Platform To Modernize Auctions The project will streamline the various stages of the process and integrate different procedures, particularly benefiting onshore operators
IBP & Abraget Raise Concerns About Proposed Infrastructure Access Regulations The organizations said that revising the infrastructure owner’s right of first refusal would alter assumptions underpinning project structuring and financing, potentially jeopardizing continued own-use natural gas production and associated oil production
SBM Selects Siemens Energy To Supply Systems For SEAP FPSOs Most of the equipment will be assembled in Brazil at Siemens Energy's industrial complex in Santa Bárbara d'Oeste (state of São Paulo), meeting the project's local-content requirements and creating approximately 400 direct and 500 indirect jobs
Petrobras Reaches Morpho Reservoir 3 Days After Cementing The company has completed logging and begun cementing the Equatorial Margin well ahead of drilling into the reservoir. Exploration and Production Director Sylvia Anjos expects these stages to be completed by the end of August
North & South End Of August EAR Forecast Above 80% Reservoir storage levels are expected to remain stable across all regions of Brazil, according to the National System Operator
ONS Launches El Niño Section On Its Website Content explains how the phenomenon is monitored and incorporated into planning for Brazil’s National Interconnected System
Lithium Ionic & PLS Brasil Close US$ 37.5 M Mineral Assets Deal Canadian company's transaction reinforces focus on state of Minas Gerais projects
Axia Subscribes To R$ 1.5 B (US$ 288.85 M) In Eletronuclear Debentures Funds will be used for the project to extend the operating life of the Angra 1 nuclear plant
Copel Restores Power Grid After Tornado Damage State of Paraná utility restored power to all 603 customers affected by tornado in Piraí do Sul
MME Opens Needs Declaration Process For A-1, A-2 & A-3 Auctions Deadline for submitting electricity demand declarations is August 21 and will support power procurement for supply between 2027 and 2029
Taesa Completes US$ 317 M Acquisition Of Energisa Transmission Assets Companies announce completion of the transaction, adding R$ 305 million (US$ 59 M) in annual permitted revenue and 1,300 km of transmission lines to Taesa’s portfolio
L. America Reaches 10,000 Electric Buses In Operation Santiago, São Paulo and Bogotá account for more than 7 K vehicles in the region's operating electric fleet
1,539 Plants Express Interest In Compensation For Generation Curtailments Wind & solar plants total about 53 GW, equivalent to 91% of the capacity considered for the period from September 2023 to November 2025
R$ 5.48 Billion In UBP Funds For Northern & Northeastern Brazil Electricity Tariffs Funds from 24 hydropower concessions will be allocated to the CDE, with a preliminary 6.53% tariff impact cap for distributors operating in Sudam and Sudene areas
Aneel Rejects Enel SP’s Appeal In Process That Could Lead To Concession Forfeiture Electric Energy Regulator rejects the distributor’s appeal, giving it 10 days to submit final arguments; Enel disputes the grounds for the proceeding and says its performance indicators have improved
Aneel Approves MEZ-Returned Lots In Transmission Auction 4 projects across 3 states have combined maximum Annual Permitted Revenue of US$ 62 M
CEEE & Axia Rebuild Transmission Towers After Southern Brazil Cyclone A total of 26 structures were damaged by the cyclone in the State of Rio Grande Do Sul
ONS: Southern Region Has Highest Inflow Forecast Southeast/Center-West has the second-best forecast and could end August with ENA at 91%
Aneel Sets R$ 470 M (US$ 93 M) In RGR Quotas Amounts will be paid by 108 generation and transmission concessionaires between July 2026 and June 2027
1 Oil & Gas 10 agosto 2026 PPSA To Hold 8th Spot Auction In Late August PPSA To Hold 8th Spot Auction In Late August
2 Oil & Gas 11 agosto 2026 ANP Backs Bill Granting Access to Tax Invoices ANP Backs Bill Granting Access to Tax Invoices
3 Oil & Gas 11 agosto 2026 Petrobras Reaches Morpho Reservoir 3 Days After Ceme... Petrobras Reaches Morpho Reservoir 3 Days After Cementing
4 Oil & Gas 11 agosto 2026 SBM Selects Siemens Energy To Supply Systems For SEA... SBM Selects Siemens Energy To Supply Systems For SEAP FPSOs
5 Oil & Gas 14 agosto 2026 Petrobras Discovers Oil In Foz Do Amazonas Basin Petrobras Discovers Oil In Foz Do Amazonas Basin