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Petrobras Studies Battery Usage In Subsea Applications

Company is also seeking to develop an integrated system for continuous monitoring and sensing of subsea wells. The opportunities are part of the “Connections for Innovation” program

Pampa Energía Selects Halliburton To Digitalize Vaca Muerta

Initiative aims to build a scalable digital foundation to support the company’s expansion in Argentina

Wärtsilä Engines To Support Transpetro’s Decarbonization

Equipment will be capable of operating on biofuels and prepared for future conversion to ethanol and methanol

Petrobras To Submit Another SEAP Bid

The company will contract the project, construction, operation, and decommissioning of a yard where pipes for the onshore section of the gas pipeline that will transport production will be stored

BNDES To Invest US$ 967 M In O&G Vessels In 2026

Funds destined for financing new vessel construction, dry-docking, shipyard modernization, and decommissioning are expected to match the amount disbursed by the bank last year

CNOOC & PetroChina Acquire Cargoes In PPSA's 6th Spot Auction

CNOOC and PetroChina acquired cargoes of 900,000 barrels of crude oil from the Atapu field and 1 million barrels of crude oil from the Bacalhau field, respectively

Petrobras: Environmental Green Light To Use New Drilling Rig In Equatorial Margin Block

Brazil’s Environmental Regulator (Ibama) also requested that Petrobras submit an updated drilling schedule for the Morpho well

Equity Fund Takes Control Of Braskem – Seeks Court Restructuring

Private equity firm IG4 has completed the acquisition of shares held by controlling shareholder Novonor (formerly Odebrecht) to prepare judicial restructuring plan for US$ 9.25 B debt load

Petrobras To Decommission 19 Units By 2030

Company’s goal is to accelerate many projects since maintaining non-producing units comes at a cost

Ocyan-Petrobras Sign Decommissioning MoU

Agreement covers well plugging and abandonment activities, as well as subsea decommissioning operations

PetroReconcavo Increases Share Capital US$ 14,643

Company now holds US$ 574 M in share capital

Petro-Victory Gains More Time On 3 Potiguar Basin Blocks

O&G Regulator approved extension of the exploration phase for blocks POT-T-432, POT-T-434, and POT-T-477

Suriname Delegation Meets O&G Companies In Brazil

Brazil’s O&G Insttitute and member companies met with Suriname President Jennifer Simons and Staatsolie CEO Annand Jagesar to discuss energy sector opportunities

Transpetro Takes Over PBLog Operations

With the incorporation, Transpetro expands its portfolio to include emergency response services, offshore support, and integrated logistics, among other activities

Brazil Sets O&G Production Record In April

Output reached 5.640 million boe/d, according to the ANP's Monthly Oil and Natural Gas Production Bulletin. Pre-salt production also reached a record high

Proper Price Signaling Can Solve Power System Imbalance

Independent Electricity Producers Association president says supply and demand control in the electricity sector should be handled through tariff signals & argues Brazil is behind other countries

Equatorial Turns Electricity Bills Into Information Channel

Initiative uses the back of energy bills to promote health, citizenship, and well-being campaigns to more than 14 million customers

Electricity Distributors Invested US$ 7.92 B In 2025

Information is included in the PDD 2026 released by Aneel – US$ 49.89 B in investments forecasted over the next 5 years

Energy Groups Urge CMSE To Reduce Thermal Generation Dispatch

Joint statement calls for changes at the committee's upcoming meeting to reduce thermal generation dispatch and estimates potential savings of US$ 580 M

Clark Solutions Secures US$ 2 M Finep Green Hydrogen Technology Funding

Funding will support the development of a Brazilian-made alkaline electrolyzer; plans to scale technology to +1 MW by end 2026

Reservoir Storage Forecast Above 65% Across Brazilian Subsystems

Northern region is expected to end June with reservoirs virtually full at 99.9%, while cold fronts help sustain hydropower storage levels, ONS says

CMU Energia To Invest US$ 14 M In EV Charging Network

Company aims to install 100 charging stations within 18 months, but grid connection delays of up to one year remain a major challenge, CEO Walter Fróes says.

Petrobras: US$ 4.5 M For Used Cooking Oil Collection & Recycling

Public call will fund four projects in Bahia and São Paulo aimed at expanding collection networks, supporting waste-picker cooperatives, and supplying feedstock for renewable fuels

Axia Invests US$ 697 M In Southern Brazil Projects

There will be 44 transmission projects in the systems of the Paraná, Santa Catarina, and Rio Grande do Sul states, in addition to the modernization of Itaipu’s evacuation system

MME Issues Dec. Battery Capacity Reserve Auction Rules

Auctions will procure battery energy storage systems with a minimum capacity of 30 MW and four hours of continuous operation; industry association welcomes the move.

MME: Capacity Reserve Auction Reduced Supply Risks

At a public hearing in Brazil's Chamber of Deputies, however, government representatives faced significant criticism from lawmakers regarding the auction's design

Cemig Launches Call For New EV Charging Corridors

Charging equipment will be supplied by Cemig in the state of Minas Gerais and available for free use throughout the project period

Aneel Approves Energy Storage Rules, Targets Battery Auction

Regulation defines grid access and tariff framework; ONS will identify priority locations for installation

Former MEZ Energia Assets To Be Auctioned On July 3rd

Public auction at São Paulo’s B3 Stock Exchange will offer Lots 7-10 of Transmission Auction No. 1/2026, followed by qualification procedures and concession agreement execution

El Niño Raises Wildfire Risks & Potential Power Grid Impacts

With more than an 80% probability of developing between May and July, the climate phenomenon could intensify heat and drought conditions in Brazil’s Center-West, Southeast, and parts of the North

Most Read

1

Oil & Gas

02 junho 2026

Brazil Sets O&G Production Record In April

Brazil Sets O&G Production Record In April

2

Power

02 junho 2026

Aneel Approves Energy Storage Rules, Targets Battery...

Aneel Approves Energy Storage Rules, Targets Battery Auction

3

Power

03 junho 2026

MME: Capacity Reserve Auction Reduced Supply Risks

MME: Capacity Reserve Auction Reduced Supply Risks

4

Oil & Gas

03 junho 2026

Suriname Delegation Meets O&G Companies In Brazil

Suriname Delegation Meets O&G Companies In Brazil

5

Oil & Gas

08 junho 2026

Petrobras: Environmental Green Light To Use New Dril...

Petrobras: Environmental Green Light To Use New Drilling Rig In Equatorial Margin Block

From The Media

JUN 09, 2026 - The Guardian

The world’s largest banks committed US$ 906 billion in financing to the fossil fuel industry last year, an “unfathomable” increase in investment locking in years more of coal, oil, and gas production as the world continues to overheat, a new report has found. The surge in new fossil fuel lending, up US$ 64 billion or nearly 8% over 2024, shows that the world’s largest 65 banks are making decisions incompatible with international agreements to restrain rising global temperatures, according to the coalition of environmental groups behind the new analysis. JPMorgan Chase is again the world’s leading financier of fossil fuels, according to the annual “Banking on Climate Chaos” report, after pushing US$ 58 billion to the sector last year – up 13% from 2024. Bank of America committed the 2nd largest amount to fossil fuels last year, followed by Japanese banks MUFG and Mizuho Financial. Citigroup, another US bank, rounds out the top 5, with Barclays, at number 8, the highest-placed British bank.

JUN 09, 2026 - Trading View

Per Bloomberg, Shell has reaffirmed its long-term commitment to Brazilian energy and biofuels producer Raízen by supporting a landmark debt restructuring designed to stabilize the company and position it for future growth. The agreement marks a critical step in addressing financial pressures while preserving the strategic value of one of Brazil’s leading renewable fuel businesses. Raízen, a joint venture between oil major Shell and Cosan, has secured support from more than 75% of the creditors covered under its restructuring proposal, surpassing the legal threshold required to move forward with an out-of-court debt workout.

JUN 09, 2026 - Valor International

Brazil’s Electric System Operator (ONS) activated an emergency plan for the first time to ensure the security of the national power grid amid expectations of lower electricity demand during the Corpus Christi holiday weekend. In a statement, the ONS said the surplus generation management plan was implemented successfully. The surplus management plan allows power distribution companies to curtail generation from small-scale power plants in response to ONS instructions during periods of excess electricity supply. The measure applies to so-called Type III plants, which include small hydroelectric facilities, biomass units, and smaller wind and solar projects whose operation is managed by distribution companies.

JUN 09, 2026 - CZ Insights

Brazil faces rising food inflation from fertilizer costs. Higher input prices, driven by the Iran conflict and supply disruptions, are increasing production costs and feeding through to food prices and household budgets. As pressures extend across packaging and supply chains, consumption is weakening, with consumers buying less and switching to cheaper alternatives. Three months after the start of the war in Iran and the closure of the Strait of Hormuz (through which a fifth of the world’s oil and 20% of its exported fertilizers are transported), attention is increasingly focused on the impact of the conflict on food inflation and consumption.

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