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ANP Expands Pre-Salt Offering With 23 Blocks

O&G Regulator adds 15 new areas to the Permanent Offer, boosting exploration opportunities in the Campos and Santos basins

Prio Brings 2nd Producing Well Online At Wahoo Field

Company targets 40,000 bpd by late April as additional wells come on stream

Petrobras & Finep Launch US$ 6 M Call For Biorefining Projects

The initiative targets low-carbon fuels and biotech routes as part of broader US$ 24 million innovation ecosystem

Gas Natural São Paulo Sul Launches Call To Procure Gas

Utility seeks spot supplies of natural gas and biomethane with bids open through April 22

Petrobras Hits High-Quality Oil in Marlim Sul Pre-Salt

Campos Basin discovery supports efforts to replenish reserves in mature offshore areas

SBM Offshore-ExxonMobil Ink Guyana FPSO Contract

Company to carry out FEED work for Longtail project, targeting record gas-processing capacity

Petrobras: Environmental Greenlight For 2 Potiguar Wells

License renewal allows offshore drilling at Mãe de Ouro and Itanhangá, including formation test

ANP Reviews 3 New Onshore Development Areas

Projects in Recôncavo and Parnaíba basins advance after discovery assessments confirm oil and gas potential

Equinor Begins Drilling Raia Project Campaign

Drillship Valaris DS-17 will drill six wells in block BM-C-33, the current Raia project, located in the Campos Basin pre-salt; first oil is expected in 2028

Court Flags Transpetro Handy Tanker Tender Flaws

Review cites weaknesses in economic assumptions, bid criteria and contracting model for US$ 289 M project

Constellation: US$ 41.5 M 2025 Profit, Plans Oslo Børs Uplisting

Offshore driller posts modest earnings decline despite higher revenue, targets greater access to institutional investors

Petrobras Challenges Tidewater Deal, Citing Risks To Offshore Vessel Supply

Brazil’s Antitrust authority’s decision to approve Tidewater’s acquisition of Wilson Sons failed to adequately address the risks of the transaction, according to Petrobras

Petrobras: US$ 1.8 B To Expand Regap Refinery Capacity

Petrobras plans to expand capacity at the Gabriel Passos Refinery (Regap) to 240,000 barrels a day by 2030

Eneva Secures 5.5 Million M³/d Contracts In Auction

Among the new deals signed in the 2026 Capacity Reserve Auction (LRCAP 2026), a portion equivalent to 4.2 million m³/d will come into effect in October 2028

Brazil 1st In South America On Global Geo3D Platform

The five 3D geological models developed by the Brazil Geological Survey (SGB) are part of the platform created by the Polish Geological Institute

Engie Stands Out In The First Transmission Auction Of The Year

Company secured two lots and will add an Annual Allowed Revenue (RAP) of US$ 50 M, investing around US$ 285 M in the concessions

Orizon Opens New Biometane Plant In Pernambuco

Facility backed by US$ 49.33 M investment and financed by BNB

Três Marias Hydropower Reservoir Reaches Full Usable Capacity

According to the state of Minas Gerais Cemig utility, the replenishing operation will continue in a controlled manner and may reach around 102.5% in the coming days

Underground Transmission Line Strengthens Sao Paulo Energy Security

Isa Energia delivers the Riacho Grande project, enhancing reliability and security of power supply in the São Paulo Metropolitan Region

Brazil Authorizes 45 New Hydro Projects From A-5 Auction

Plants totaling 503 MW to begin supplying power in 2030 under 20-year contracts

CGN Brasil To Develop Concentrated Solar Power Pilot Project

Company signs agreement with the government of the state of Piauí to develop the technology with thermal storage in the state

Brazil Critical Minerals Map To Be Funded By IDB & Japan

With resources from the Japan Special Fund, the IDB will invest over three years to support geological studies in Minas Gerais and Bahia

LRCap Winner Fined For Failure To Deliver Thermal Plants

Xavantes disputes US$ 1.3 M penalty from regulator over canceled Amazon projects

TSEA To Invest US$ 25 M In U.S. Factory

Brazilian manufacturer to build North Carolina plant to serve utilities and strengthen domestic supply chains

Brazil Proposes Diesel Subsidy After Tax Standoff With States

Proposed emergency measure is set to remain in effect through May 31 – estimated total fiscal impact is R$ 3 billion (US$ 600 million), or R$ 1.5 billion (US$ 300 million) per month

Light Seeking Power-Sector Innovation

Utility invites proposals through April 19 under Aneel-backed R&D program

Lopes Wants Candidates To Take A Stance On The Future Of Angra 3

Federal deputy proposed sending a document urging presidential candidates to position themselves on completing the nuclear plant

Aneel Pulls Enel SP Case From Agenda After Court Injunction

Federal judge suspends proceedings as dispute over concession risks escalates

US$ 109 M Approved For Transmission Modernization

Energy regulator authorizes 100 major upgrades across transmission assets operated by Axia Energia and Isa Energia

Modular Data Centers Secures US$ 44.5 M From BNDES

With the financing, the company will develop a scalable modular data center with an initial IT capacity of 12 MW and architecture designed to support hyperscale clients and cloud and AI workloads

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Petrobras Challenges Tidewater Deal, Citing Risks To...

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4

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5

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Petrobras: Environmental Greenlight For 2 Potiguar Wells

From The Media

MAR 27, 2026 - DatamarNews

The Port of Açu and NOV (National Oilwell Varco), a multinational specializing in the manufacturing of flexible pipes for the offshore industry, have signed an agreement to expand the company’s operations at the port-industrial complex located in northern Rio de Janeiro. The project includes a 30,000 m² expansion of the company’s area, increasing from the current 121,000 m² to 151,000 m². The new contract, valid through 2047, will enhance logistics and storage capacity for flexible pipes and related equipment. NOV has operated at Port of Açu for over 10 years and maintains one of its main global production units for this type of equipment at the site, in addition to operations in Denmark and Scotland.

MAR 27, 2026 - Riviera

Karoon Energy, listed in 2004, spent ~15 years raising over AUD 850m for exploration in Australia and Brazil but delivered no cash-generative assets or shareholder returns. By 2019, its ~AUD 300m market cap largely reflected remaining cash, prompting a strategic pivot toward production assets. In November 2020, Karoon acquired a 100% stake in Petrobras’ Baúna oilfield for up to US$ 665 million. A sharp rebound in oil prices made the Baúna purchase highly timely. Despite being a mature asset (120m barrels produced; ~46m barrels 2P reserves remaining), Baúna offers strong reservoir quality and efficient infrastructure in the Santos Basin. Karoon doubled output to >8m bbl/year and cut unit operating costs to ~US$ 15/bbl from ~US$ 20 through well interventions and better infrastructure use.

MAR 27, 2026 - Gasgoo.com

BYD is deepening its presence in the South American auto market, positioning Brazil as a central pillar of its global strategy. According to the Nikkei, BYD plans to invest R$ 300 million (approximately US$ 56.9 M) to build an electric vehicle R&D center near Rio de Janeiro’s Galeão International Airport. Recently announced, the facility is scheduled to open in 2028. As growth slows in China, BYD is expanding overseas by establishing localized industrial chains. This new R&D center signals a shift in its Brazilian operations from simple vehicle sales to deep localization—spanning R&D, manufacturing, and supply chain management.

MAR 27, 2026 - CNS

Geopolitical conflict is reshaping the international economy in more direct ways. In late March, continued fighting in the Middle East disrupted the Strait of Hormuz, a critical corridor that carries about 20% of global oil and gas shipments, while Brent crude prices rose to their highest level since July 2022. The episode once again exposed the vulnerability of energy, shipping, and financial markets. Against this backdrop, China-Brazil economic and trade ties have continued to expand. Data from China's General Administration of Customs show that bilateral merchandise trade reached about US$ 188 billion in 2025, extending the relationship's high-level trajectory.

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