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
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
Antitrust Regulator Approves Ecopetrol’s Purchase Of Brava Energia Shares Ecopetrol aims to secure a 51% voting stake in Brava. The transaction, however, remains subject to approval by Brazil’s O&G Regulator (ANP)
PSOL Sues Over Lack Of Rare Earth Rules Political party takes suit to the Supreme Court arguing that Brazil’s Mining Code does not reflect global technological transformations
ANP Approves NTS & TAG Pipeline RCM Methodology Consultation The public consultation will run for 15 days and aims to provide transparency, public disclosure and legitimacy to the agency’s actions
Petrobras Seeks Return To Mining Sector Critical minerals, potash, and uranium are on the Petrobras radar – also plans to double fertilizer production capacity
Brava Secures Partial Bondholder Approval For Ecopetrol’s Tender Holders of Enauta’s 4th debenture issuance approved the transaction, but additional bondholder approvals are still required for the deal to proceed
Petrobras To Invest US$ 11.9 B In SEAP In 2028, the company will launch tenders for the decommissioning of 26 platforms in Sergipe – bidding process either will cover the entire group of units or separate tenders for each platform
Antitrust Authority Approves TGS-SLB Pelotas Basin Partnership The agreement aims to jointly develop and operate offshore multi-client 3D seismic projects in Brazil’s emerging exploration frontier
Lula: Petrobras Nears Announcement On Equatorial Margin Oil Prospects Brazilian president says potential discoveries could boost development across the entire Northern region – President also backs Petrobras-Pemex partnership
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
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
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
Aggreko Procurement To Hybridize Amazon Off-Grid Systems Project includes 109 MWp of solar and 119 MWh of BESS and will cut diesel consumption by 37 million liters annually
Petrobras Diesel Price Cut Takes Effect The company's average selling price to distributors will be reduced effective Monday (June 1)
Gov't Extends Fuel Price Relief Measures They will maintain relief for diesel, cooking gas, biodiesel and jet fuel through July 31
June Electricity Tariff Flag Remains Yellow Electricity consumers will face an additional charge of US$ 0.35 for every 100 kWh consumed
1 Oil & Gas 29 maio 2026 Petrobras To Invest US$ 11.9 B In SEAP Petrobras To Invest US$ 11.9 B In SEAP
2 Oil & Gas 29 maio 2026 Brava Secures Partial Bondholder Approval For Ecopet... Brava Secures Partial Bondholder Approval For Ecopetrol’s Tender
3 Oil & Gas 29 maio 2026 Petrobras Seeks Return To Mining Sector Petrobras Seeks Return To Mining Sector
4 Oil & Gas 02 junho 2026 Brazil Sets O&G Production Record In April Brazil Sets O&G Production Record In April
5 Power 02 junho 2026 Aneel Approves Energy Storage Rules, Targets Battery... Aneel Approves Energy Storage Rules, Targets Battery Auction