Petrobras: 3 Refineries Operating Above Capacity Company boosts output amid Middle East supply disruption and delays maintenance to support domestic energy security
Saipem, Petrobras Move To Final Underwater Drone Phase FlatFish-based subsea inspection drone completes Functional Acceptance Tests ahead of field deployment
Prio Brings 1st Wahoo Field Production Well Online Company to disclose well productivity after production stabilization and completion of fiscal metering procedures
Petrobras Announces New Colombia Gas Discovery Discovery reinforces offshore gas potential and supports regional energy security
ANP Approves Nomination Of 16 Blocks In The Paraná Basin For The OPC However, for the blocks to be effectively incorporated into the Permanent Concession Offer (OPC) tender notice, they must still complete subsequent regulatory steps, including environmental analysis, a Joint Statement by the MME and MMA, and a public hearing
Petrobras Acquires 50% Petronas Stakes In Tartaruga Verde & Espadarte The company decided to exercise its preemptive right to acquire the 50% stakes held by Petronas in the Tartaruga Verde and Espadarte – Module III fields in the Campos Basin. The asset had previously been under negotiation with Brava Energia
Prio Approved To Drill Up To 14 Wells In Frade Brazil’s Environmental Regulator (Ibama) gave the authorization with a revised drilling license – the Hunter Queen rig will be responsible for the work
Government’s Jan. Oil Production Down 10.2% Scheduled maintenance shutdowns affected the result, as well as a decline in the government’s share of natural gas
ANP To Establish Diesel Reference Price The structure will be very similar to the diesel subsidy implemented in 2018 with the idea to use the reference price to guide the market
ANP Plans To Implement Potential Fuel Price Abuse Measures The provisional measure assigns responsibilities or defines issues that were already within the ANP’s jurisdiction, but it also creates specific oversight matters, rules, and penalties related to potential price abusiveness
ANP Approves Jet Fuel Quality Rule Revisions The O&G Regulator (ANP) approved changes to the resolution that establishes aviation kerosene specifications
BEHIND THE NEWS: For The Moment, Brazil Rides Out The Iran Oil Shock Strong pre-salt output, biofuels and hydropower cushion the impact, but pressure is mounting on Petrobras to raise domestic fuel prices.
Shell Signs US$ 1.70 M Contracts To Increase Atapu And Mero Stakes The consortium formed by Petrobras and the company acquired the uncontracted areas of the shared reservoirs of the two assets in the auction held by PPSA in December
Oceânica Closes US$ 736 M Petrobras Contracts New contracts for offshore services using SDSV-type vessels increase the company’s backlog to US$ 2.32 B
War Of Rhetoric Seeks To Shape Iran War Amid cease-fire uncertainty, pressure grows for Petrobras to narrow the gap between domestic and global fuel prices
Origem Building Seven Thermal Plants In Alagoas Gas-fired units totaling 380 MW to begin operations from 2028; investment estimated at US$ 384.6 M
Diesel Price Hike Puts Pressure On Costs Impact is particularly significant for activities that rely heavily on the transportation of goods, such as retail, wholesale, and distribution
Copel To Reach 8.3 GW Installed Capacity Through Hydro Expansion Following LRCap award, company will invest US$ 720 M in Segredo and US$ 260 M) in Foz do Areia
Southern Reservoir At Lowest Level Since October 2021 South subsystem reservoir lower levels increase dependence on energy transfers from the Southeast/Center-West
Public Agencies Coordinating Fuel Market Inspection Senacon coordinates and guides actions by consumer protection agencies, security authorities, and the ANP to strengthen nationwide actions
LRCap Auction: Rounds 1 and 2 – Prices Up to US$ 418,000/MW-year Thymos estimates R$ 60 billion (US$ 11.49 billion) in investment, while Absae argues battery auctions should have preceded thermal procurement
LRCap: Thermal Capacity For 2028 Delivery Clears At 7.18% Discount New-build plants dominate 2028 and 2029 products, with prices close to the cap, as seen in 2026 and 2027 auctions
Hydropower Capacity Reserve Auction Concludes In 21 Minutes Brief bidding round ends shortly after the start of the continuous offer phase
Enel Rio Invests US$ 46.15 M In The South, North, And Northwest Regions In addition to infrastructure works, the concessionaire is also investing in training and hiring its own workforce
Brazil & Bolivia To Integrate Power Systems The project will connect the Germán Busch province in Santa Cruz, Bolivia, with the Corumbá municipality in Brazil, with a frequency converter station on the Brazilian side and estimated capacity of 420 MW
Siemens To Develop Infrastructure For Terranova Data Centers The contract, valued at more than US$ 20 M, was signed alongside confirmation that the National System Operator (ONS) approved the grid access request
Brazil 26-45 GW In Data Centers By 2050? Survey indicates that the expansion of renewable energy will be decisive for the scale of the country’s installed digital capacity
Federal Court Audited 8 Of 19 Expiring Concessions Assessments of electricity distributors Enel São Paulo and Enel Ceará have not yet begun because the Electric Energy Regulator (Aneel) has not concluded the technical process
BNDES Approves US$ 210 M Support For Energisa Resources will be directed to the group’s three distribution utilities in the States of Acre, Tocantins and Mato Grosso
Santa Catarina Utility To Cut Clandestine Telecom Cables According to the Celesc utility, these cables create visual pollution, disrupt the organization of the network and put the public at risk
1 Oil & Gas 17 março 2026 Prio Approved To Drill Up To 14 Wells In Frade Prio Approved To Drill Up To 14 Wells In Frade
2 Oil & Gas 17 março 2026 Petrobras Acquires 50% Petronas Stakes In Tartaruga ... Petrobras Acquires 50% Petronas Stakes In Tartaruga Verde & Espadarte
3 Oil & Gas 17 março 2026 ANP Approves Nomination Of 16 Blocks In The Paraná B... ANP Approves Nomination Of 16 Blocks In The Paraná Basin For The OPC
4 Oil & Gas 18 março 2026 Petrobras Announces New Colombia Gas Discovery Petrobras Announces New Colombia Gas Discovery
5 Power 18 março 2026 LRCap Auction: Rounds 1 and 2 – Prices Up to US$ 418... LRCap Auction: Rounds 1 and 2 – Prices Up to US$ 418,000/MW-year