Petrobras Increases Crude Oil Sales To India With IOC, the new contract provides for the sale of up to 24 million barrels of oil over 12 months, extendable for an equal period. With BPCL and HPCL, the maximum volume of each contract was increased from 6 million to 18 million barrels, through March 2027
Refit Refinery Obtains Temporary Debt Payments Suspension In an interim ruling issued on Tuesday (Jan. 27), the Rio de Janeiro State Court of Justice (TJRJ) granted the company’s request – new facts beyond its control limit its ability to pay debts
Petrobras Seeks To Connect Startups With R&D&I Representatives The company published a form to connect startups with representatives of its Research, Development and Innovation (R&D&I) portfolios. Interested parties may submit their proposals through March 31st
ANP Schedules Amazon O&G Exploration Contract Signing According to the regulator, based on a legal analysis conducted by the Federal Attorney’s Office linked to the ANP, there is currently no court ruling preventing the contract signing for the Amazon Basin onshore block, which was awarded to Grupo Atem in 2023
Petrobras Cuts Natural Gas Prices To Distributors By 7.8% Reduction to take effect in February, bringing cumulative decline to 38% since December 2022
ANP Approves Raia Field Development Plan The regulator’s board rejected Equinor’s request to split the area into two fields—Raia Manta and Raia Pintada, as initially proposed—upholding the unification decision approved last year
Firjan 2026 Forecast: Greater Market Gas Availability In the 8th edition of Gas Perspectives in Rio 2025–2026, the Rio de Janeiro industry federation says the market is awaiting a “supply shock,” which would allow larger portions of production to reach the market, increase competition and, consequently, reduce prices
Petrobras Cuts Gas Prices For Distributors Starting Tuesday (Jan. 27), the company’s selling prices for gasoline A to distributors will be reduced by 5.2%
Brazil 2026 Exploration Investment = US$ 890 M According to data from operators’ plans submitted to the ANP, US$ 602 million—will be allocated to drilling 19 wells
Shell May Sell Vaca Muerta Assets After exiting an Argentina LNG project last month, the company may now be weighing an exit from Latin America’s largest shale play, which the EIA estimates holds 308 trillion cubic feet of recoverable gas and 16 billion barrels of oil
Petrobras Investigating Foz Incident Causes The company reported that the rig was not drilling the seabed when the fluid loss was identified – both the rig and the well remain in safe condition
Mines & Energy Ministry Launches Rare Earths Strategy Study The initiative aims to support the formulation of guidelines, targets, and policy instruments to steer the structured development of Brazil’s rare earths value chain
TGS & CGG Partner To Acquire Seismic Data Offshore Amapá The companies aim to acquire offshore multiclient 3D seismic data through a joint project in the Amazon Mouth Basin, part of Brazil’s Equatorial Margin. Brazil’s Antitrust Authority (Cade) has approved the partnership for this specific project
Brazil: 23% Of World’s Rare Earth Reserves However, the country accounts for only 1% of global production, PwC Brazil says
IEA: 2026 Oil Demand Expected To Be 930 K bpd Greater Than 2025 The International Energy Agency’s monthly oil report highlights stronger demand growth in 2026 than in 2025 and forecasts a 2.5 million bpd increase in global supply.
Aggreko To Invest US$ 216 M In Latin America In 2026 Company expects to maintain double-digit expansion, with projected growth of 11% in the region
Nuclep Resumes Production Of Torpedo Piles For Petrobras Nuclep expects to deliver 28 torpedo piles in 2026, out of a total of 199 units ordered by Petrobras under 3 contracts signed between 2023-25 – 68 have already been delivered
BNDES Approves US$ 45 M For Ceará Data Center Expansion Expansion of Tecto’s facility in Fortaleza (state of Ceará) will occur in stages, with capacity expected to reach 20 MW by December 2029
Migration To Deregulated Market Stalled, Expert Says According to trading company director, customers are waiting for February rains to decide whether to migrate
Nuclear Tariff Rises 17.11% But Should Weigh Less On Users A tariff of R$ 361.56 (US$ 68.40) per MWh will be shared among all users of the National Interconnected Grid System (except low-income consumers) – no longer just by customers in the regulated market
Electric Energy Prices Reduce Volatility During The Week Long-term contracts post the strongest gains
CPFL Energia Seeks Energy Storage Projects For Investment The public call will select R&D and innovation proposals from startups, universities and technology-based companies located in Brazil’s North, Northeast and Center-West regions
São Paulo State & Swedfund Partner On Biomethane Infrastructure Research Studies are designed to gauge pipeline investment needs in São Paulo and identify commercial opportunities in natural fertilizers
Brazil Plans US$ 13.6 B Transmission Build-Out & Innovative HVDC Link Plan unveiled this month shows one-third of spending tied to a novel HVDC transmission corridor
In 2025, Itaipu Transferred US$ 246 M In Royalties To Brazil In total, six states and 347 Brazilian municipalities benefited, in addition to the federal government
Solar Plus Storage Can Cost ⅓ Of Grid Expansion Expert involved in Cemig’s pioneering project points to strong potential for the model, especially in Brazil’s Center-West and Northeast. “Several distribution utilities are interested in replicating the case,” says Enerzee CEO.
Iconic Deploys Biomethane-Powered Trucks On Rio–São Paulo Route Pilot project is under review for expansion to new routes and fleet growth by the end of November; trucks transport dry cargo and finished products
EDP To Install Solar Energy Systems In Social Organizations With investment of up to R$ 650,000 (US$ 121,269), initiative will be implemented in the states of São Paulo, Espírito Santo, and Paraná to reduce energy costs
Ibama Denies São Paulo Thermal Plant’s Preliminary Environmental License In its decision, the agency lists significant technical shortcomings that prevented a conclusive assessment of the project’s environmental viability
Neoenergia Sets Carnival Power Grid Safety Campaign Special operation steps up network maintenance across five distribution utilities
1 Oil & Gas 23 janeiro 2026 Mines & Energy Ministry Launches Rare Earths Strateg... Mines & Energy Ministry Launches Rare Earths Strategy Study
2 Oil & Gas 23 janeiro 2026 Petrobras Investigating Foz Incident Causes Petrobras Investigating Foz Incident Causes
3 Oil & Gas 26 janeiro 2026 Brazil 2026 Exploration Investment = US$ 890 M Brazil 2026 Exploration Investment = US$ 890 M
4 Oil & Gas 27 janeiro 2026 Petrobras Cuts Natural Gas Prices To Distributors By... Petrobras Cuts Natural Gas Prices To Distributors By 7.8%
5 Power 27 janeiro 2026 BNDES Approves US$ 45 M For Ceará Data Center Expansion BNDES Approves US$ 45 M For Ceará Data Center Expansion