August Fuel Prices Fall For 3rd Consecutive Month ValeCard survey shows further declines in national averages
Petrobras Contracts Strohm For Subsea Pipelines Contract with Dutch company covers 6 km of composite pipelines to be used for water injection or gas lift in subsea wells at depths of up to 1,500 meters
Petronas Reports 3.84% Net Profit Increase In First Half 2026 Malaysian company posted US$6.76 billion in adjusted net profit for the period, driven by revenue growth
J&F Group Gets Terminal Gás Sul Lease Antitrust Clearance Currently operated by New Fortress Energy, the LNG regasification terminal is located in Babitonga Bay, in São Francisco do Sul, Santa Catarina
Fuels & Fertilizers Tax Relief Package Authorized Rule published in the Federal Official Gazette provides extraordinary measures for fuels affected by the conflict in the Middle East
Fraud Operation Closes Gas Stations & Blocks Corporate Registrations Government’s Hidden Pump Operation targets fraud, tax evasion and money laundering scheme in São Paulo’s fuel sector
Neon FID Could Be Pushed To 2027 Karoon revised the project concept, leading it to postpone the Final Investment Decision and suspend the farm-out process
BNDES Invests US$ 2 M To Modernize Fuel Logistics Brazil's Development Bank to finance innovation plan of AutoMind, a Brazilian industrial automation company. Project includes development of digital solutions for the O&G sector
Petrobras CEO Meeting With Investors In Asia Petrobras CEO Magda Chambriard visited the construction sites of the P-80, P-82 and P-83 FPSOs in Singapore on Wednesday (Aug. 26). The first two are scheduled to depart for Brazil next week to operate in the Búzios field in the Santos Basin pre-salt
Permanent Offer: Monday Aug. 31st Deadline To Submit Expressions Of Interest August 31st also marks the deadline for submitting bid guarantees without an accompanying expression of interest for the sectors offered under the 6th OPC Cycle or for the blocks offered under the 4th OPP Cycle
YPF, Eni & Adnoc Argentina LNG JV Project Gets Brazilian Antitrust Approval Project comprises an integrated LNG value chain, from upstream activities through marketing/offtake, aimed at developing the Vaca Muerta shale formation
Búzios July Gas Exports Surpass 10 M Cubic Meters/Day Field also sets new daily export record of 14.1 million cubic meters in August
Brazil Paid As Much As US$ 114/Barrel For Imported Oil This Year Despite the rise in the commodity price, the country’s spending has remained stable as imports fell 13.5% in the first half
Equinor: Brazil Is Growth Engine Outside Norway “Brazil is expected to be one of the main drivers of Equinor’s international growth through 2030, with equity production approaching 200,000 boepd,” according to International E&P Executive Vice President Philippe Mathieu
Audit Court Approves 6 Power Distributors Concession Renewals In a plenary session, TCU ministers determined that the concession-extension processes complied with applicable legislation
UCB Power & Jinko ESS Target Local Content For BESS Auction Agreement between the companies seeks to expand opportunities for compliance with Brazil’s local-content requirements
Electricity Tariff Flag To Remain Yellow In September Less favorable power generation conditions will maintain an additional charge of R$ 1.885 (US$ 0.36) per 100 kWh consumed on electricity bills
Brazil’s 2026 Fuel Consumption Forecasted To Increase 2.2% According to the EPE’s “Short-Term Outlook for the Brazilian Fuel Market, demand is expected to reach 166.8 billion liters this year
CATL & Moura Partner To Bid In Battery Auction Agreement calls for localized production of energy storage systems to meet LRCAP 2026 local-content requirements
Latin American BESS Capacity Forecast To Rise From 2.5 GW To 34 GW By 2035 Faster auction activity, rising curtailment and outdated transmission infrastructure are the main factors affecting growth, Wood Mackenzie says
TCU Warns Of Financial Risk In Extending Angra 1 Nuclear Plant's Operating Life Court points to US$ 35.9 M in costs from bridge loans and says lack of funds could affect the plant’s license
Aneel to Hold Tuesday (Sept. 1) Public Hearing on Battery Auction Tender Documents Draft tender documents and contracts for the Capacity Reserve Auctions scheduled for December will be discussed
Yellow Tariff Flag Expected To Continue In September, Armor Energia Forecasts Energy trader says improved hydrological conditions in southern Brazil are easing pressure on power prices
2026 Brazil EV Registrations Rise 120% More than 267,000 vehicles were registered during the year, while demand for insurance also increased
CNPE Calls For Nuclear Fuel Pricing Studies Resolution calls for periodic comparisons between domestic prices and international benchmarks and requires ENBPar to provide a technical justification if prices charged by the INB show a material divergence
Tariffs Fall At 5 Northern And Northeastern Power Distributors Reductions for low-voltage consumers range from 1.36% to 10.63%
Agency Rejects Enel SP’s Request For Expert Review In License Revocation Case Electric Energy Regulator (Aneel) closes evidentiary phase and gives utility 10 days to submit final arguments; company says independent review would allow for a more comprehensive technical analysis
MME Proposes New Ercap Cost Allocation To Reduce Peak Demand Rule would link the charge to consumption during a critical window of up to four hours and create incentives for demand management
ONS Manages 1 GW Curtailment On Sunday Distribution companies complain about the lack of more detailed procedures and warned this could create legal uncertainty
1 Power 25 agosto 2026 Tariffs Fall At 5 Northern And Northeastern Power Di... Tariffs Fall At 5 Northern And Northeastern Power Distributors
3 Oil & Gas 27 agosto 2026 BNDES Invests US$ 2 M To Modernize Fuel Logistics BNDES Invests US$ 2 M To Modernize Fuel Logistics
4 Power 27 agosto 2026 TCU Warns Of Financial Risk In Extending Angra 1 Nuc... TCU Warns Of Financial Risk In Extending Angra 1 Nuclear Plant's Operating Life
5 Oil & Gas 28 agosto 2026 Fraud Operation Closes Gas Stations & Blocks Corpora... Fraud Operation Closes Gas Stations & Blocks Corporate Registrations