Brazil’s Proven Oil Reserves Up Nearly 4% In 2025 ANP’s Annual Bulletin shows a reserve replacement ratio of 147%, representing about 2.023 billion barrels in new reserves
Petrobras Extends Tender For P-35 & P-37 Platforms Reuse/Disposal The Deadline for proposals on the reuse of the two platforms extended by 60 days, to June 8
Petrobras To Regain Control Of Tartaruga Verde & Espadarte Fields The US$ 450 million deal was signed with Petronas; if approved by the ANP, the company will once again hold 100% ownership of the fields
MME Defends Refinery Buybacks To Strengthen Energy Security According to the Mines and Energy (MME) Minister Alexandre Silveira, the government has been approached several times by the Mubadala Group, owner of the Mataripe refinery, but said any buyback must be a Petrobras commercial decision
Court Suspends Brazilian Oil Export Tax Rio de Janeiro federal court responds to a lawsuit filed by 5 international oil companies operating in the country — Shell, TotalEnergies, Equinor, Petrogal, and Repsol Sinopec
Guilherme Mello Nominated To Petrobras Board Economist currently serves as Economic Policy Secretary, BNDES board chairman and PPSA board member
Federal Chamber Approves Bill Allowing ANP Access To Invoice Data Text sets a 180-day deadline to issue regulations and sign agreements needed for data access; proposal now moves to the Senate
New O&G Projects Too Slow To Offset Middle East Losses Wood Mackenzie analysis says projects won’t replace lost volumes in the short term; while US$ 30 billion in investments are delayed in the Gulf, Europe looks to reduce dependence on a single supplier and seeks solutions in abandoned or overlooked assets
IBP Criticizes Oil Export Tax Petroleum Institute says 12% tax to offset fuel subsidies due to Middle East war is purely revenue-driven, overlaps existing mechanisms, and raises risk perception in Brazil’s business environment
Petrobras Supports Controversial LPG Auction Sale drew more than 100% premiums and sharp criticism from President Lula
ANP: 23 Blocks In Permanent Production Sharing Offer (OPP) With the publication, 23 exploratory blocks in the pre-salt polygon become eligible to receive expressions of interest from registered bidders, enabling the launch of the 4th OPP Cycle
Prio Brings 3rd Producing Well Online At Wahoo Field Well output stabilized at 10,000 bpd; fourth well expected by end-April
Seadrill-Petrobras Extend West Polaris Contract The additional term is expected to add approximately US$ 480 million to the company’s contract backlog
ANP Sets 5-Day Reference Pricing Public Consultation The objective is to allow market participants and other stakeholders submit contributions, to be assessed by the ANP to determine whether adjustments to the regulation are necessary
Petrobras: US$ 600 M From Tupi Reservoir Redetermination The company paid approximately R$ 600 million (US$ 120 M) to the federal government, represented by PPSA. The financial settlements are related to the first redetermination of the Shared Tupi Reservoir, approved in December 2025
Enel Denies Speculation About Sale Of Its São Paulo Utility The company reiterates its interest in renewing the distribution concession and expresses confidence in Aneel’s “impartial and independent” role
Distributed Generation Reached 45 GW In 2025 New connections declined 12% last year despite strong capacity growth
ANP Launches Portal For Complaints Against Fuel Retailers New platform targets irregularities at gas stations, LPG dealers and other regulated agents
TCU Approves Extension Of Light’s Distribution Concession Audit court finds process complies with applicable regulations
Cemig To Use AI To Handle Grid Outages Utility partners with Radix to build system combining large language models with real-time operational data
MME: Negotiated Exit Of Enel SP Possible However, Mines and Energy (MME) Minister Alexandre Silveira says that if grounds for the utility concession termination are confirmed by Aneel, “the MME will have the courage to implement it”
Electricity Bills To Add 0.4% To 2026 Inflation TR Soluções projections also point to an average increase of around 11% in residential tariffs across Brazil
Infrastructure & Energy: +US$ 195 B In Next 4 Years Itaú BBA bank sees transmission and distribution leading in energy, with data centers and storage emerging as key medium-term demand drivers
ADL Mineração Makes First Rare Earths Export Private Brazilian company ships container of monazite to Canada; last shipment occurred seven years ago through the Brazilian Nuclear Industries (INB)
MME Approves Concession Renewals For 14 Power Distribution Companies Enel distributors were excluded from the list, although Enel CE and Enel RJ have already received the Electric Energy Regulator’s (Aneel) recommendation for concession renewal
Government Package To Curb Fuel Price Increases Measures include new subsidies, temporary tax breaks and tougher enforcement against abusive practices
Reversible Hydropower: Expert Sees Potential For Simplified Auction In 2027 Solution to accelerate Brazil’s first pumped-storage plants could involve turbine replacement at hydropower plants with nearby downstream reservoirs
Aneel Recommends Enel São Paulo Concession Termination The utility is notified to present its formal defense to the Electric Energy Regulator
BNDES Approves US$ 47.65 M For Biomethane Plant In Goiás Facility to produce about 67,000 Nm³ per day at bp bioenergy site
Instituto Totum Becomes First Biomethane Certifier Accreditation by ANP paves the way for origin-certified biomethane market
1 Oil & Gas 07 abril 2026 Petrobras Supports Controversial LPG Auction Petrobras Supports Controversial LPG Auction
3 Oil & Gas 09 abril 2026 Court Suspends Brazilian Oil Export Tax Court Suspends Brazilian Oil Export Tax
4 Power 09 abril 2026 Electricity Bills To Add 0.4% To 2026 Inflation Electricity Bills To Add 0.4% To 2026 Inflation
5 Oil & Gas 09 abril 2026 MME Defends Refinery Buybacks To Strengthen Energy S... MME Defends Refinery Buybacks To Strengthen Energy Security