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Petrobras Postpones Albacora FPSO Tender To 2026

The deadline for bid submissions has been pushed to May 25, 2026 from December 15 this year

Staatsolie Declares Commercial-Grade Gas Discovery In Suriname

Petronas, operator of the block, will present a development plan to then be able to announce the FID of the Sloanea field

ANP Approves Larger Federal Stake In Tupi’s Uncontracted Area

With the decision, the federal government’s share in Tupi’s uncontracted area was raised from 0.551% to 0.833%. The new stake will be offered in the Auction of Uncontracted Areas, to be conducted by PPSA at the B3 stock exchange in São Paulo on December 4

Eneva: Net Income Jumps +242.6% In 3Q25

The company also booked an annual increase of 71.5% in revenue and 60.7% in EBITDA

OPEC: Oil Demand Steady – Supply Will Increase

OPEC projects Brazil’s 2025 oil production will rise by 200,000 bpd to 4.4 million bpd

ANP Rejects PLV 10/2025 Proposed Oil Price Calculations

The O&G regulator advised the MME to reject amendments to Law No. 9.478/1997, citing regulatory, legal, and operational risks

Ineep To Launch O&G Observatory At COP30

Initiative aims to develop studies, research and data on Brazil’s O&G sector to foster debate around a fair energy transition, without reproducing foreign models

Consortium For New Boaventura Units

Tenenge, EGTC and Mota-Engil to build new refining units to expand the more sustainable products aligned with Petrobras’ energy transition strategy

South America: Leader Of Non-OPEC+ Oil Supply Growth Through 2030

Rystad: Brazil, Guyana, Suriname and others will be the key to balancing the global market and providing competitively-priced barrels

SEAP I & II Contracts Expected In First Half 2026

Petrobras is negotiating with SBM for the construction of two FPSOs for the Sergipe Águas Profundas project

Petrobras To Begin LNG Sales From Urucu Hub

Company signs contract with Amazônica Energy for initial supply of 100,000 cubic meters per day starting February 2028

Petrobras To Accelerate Investments In 2026

Engineering, Technology and Innovation Director Renata Baruzzi said the aim is to keep fast-tracking projects to generate revenue, as in 2025

Petrobras Approves US$ 2.19 B Dividend Payments

Payouts will be in two installments in February and March 2026

PetroReconcavo Reports 3Q25 & Annual Net Profit Decline

Net revenue also fell over the same periods; third-quarter production dropped in both the Bahia and Potiguar assets

Petrobras Posts 3Q25 Profit Despite Weaker Oil Prices

The company closed the third quarter of this year with a net profit of US$ 5.2 B, excluding exceptional items, buoyed by higher production

Power: Copel Gives Priority To Hydropower Over Battery Auction

According to the Paraná Utility President Daniel Slaviero, battery procurement costs favor companies already operating in that industry

BNDES Raises US$ 311 M From KfW

Resources will support urban mobility and solar and wind energy projects

Itaipu Reservoir To Be Monitored Electronically

The bidding process is expected to be launched later this year and the system will start operating in the second half of 2026

Brazil Could Generate 370 M tons Of Carbon Credits By 2030

With one of the cleanest energy matrices on the planet and unique biodiversity, the country has enormous potential to occupy a prominent global position in the carbon market

Cemig Surpasses 200 MWm In Retail Energy Sales

The company now serves 2,740 consumer units in the retail segment and operates an e-commerce platform for this market

Light Bolsters Operations For 2025/26 Summer Season

Plan includes additional field teams and expanded operations centers, as well as monitoring of weather conditions

Bahia’s Power Grid to Receive € 300 M for Modernization

The investment — from an agreement between Neoenergia Coelba and EIB Global formalized at COP 30 — will also support new connections and automation upgrades

EPE Study Highlights Brazil’s Progress In The Energy Transition

Fact sheet “Energy Transition in Brazil – 10 Years of the Paris Agreement” shows the growth of Brazil’s electric and energy matrices with a high share of renewable sources

Aneel Receives Registrations For Existing Energy Auctions

Auctions will be held Friday (Nov. 14) at CCEE headquarters in São Paulo

6 Pará Thermal Plants Fined US$ 34.2 M

Brazil’s Aneel has ordered Equatorial Pará to collect the amount from BBF within 30 days for failing to implement the plants in the state

Rainfall Doesn’t Reverse Reservoir Decline But Improves Inflows

With the gradual arrival of rains, the SE/CO subsystem increased its contribution to overall hydropower generation

Climate Change Impacts On The National Power Grid

A study developed with the EPE demonstrates a potential reduction of up to 13% in operating costs, with a 7% impact on electricity bills

Diamante Presents Nuclear Microreactor Project At COP 30

Initiative won first place in a national competition for innovative and sustainable solutions

Siemens Brasil & GIZ Ink Decarbonization/Clean Energy Accord

Memorandum focuses on SAF, green hydrogen and sustainable data centers, among other initiatives

Plug-in EVs Reach 81% Market Share

One reason for the growth is the expansion of electric corridors and public and semi-public charging points in Brazil

Most Read

1

Oil & Gas

10 novembro 2025

Petrobras To Begin LNG Sales From Urucu Hub

Petrobras To Begin LNG Sales From Urucu Hub

2

Oil & Gas

10 novembro 2025

SEAP I & II Contracts Expected In First Half 2026

SEAP I & II Contracts Expected In First Half 2026

3

Oil & Gas

11 novembro 2025

South America: Leader Of Non-OPEC+ Oil Supply Growth...

South America: Leader Of Non-OPEC+ Oil Supply Growth Through 2030

4

Oil & Gas

11 novembro 2025

Consortium For New Boaventura Units

Consortium For New Boaventura Units

5

Oil & Gas

13 novembro 2025

Eneva: Net Income Jumps +242.6% In 3Q25

Eneva: Net Income Jumps +242.6% In 3Q25

From The Media

NOV 14, 2025 - The Guardian

More than 1,600 fossil fuel lobbyists have been granted access to the COP30 climate negotiations in Belém, significantly outnumbering every single country’s delegation apart from the host Brazil, new analysis has found. One in every 25 participants at this year’s UN climate summit is a fossil fuel lobbyist, according to the analysis by the Kick Big Polluters Out (KBPO) coalition, raising serious questions about the corporate capture and credibility of the annual COP negotiations. This year’s tally represents a 12% rise from last year’s climate talks in Baku, Azerbaijan, and is the largest concentration of fossil fuel lobbyists at Cop since KBPO first began exposing industry participation in 2021.

NOV 14, 2025 - BNamericas

Casa dos Ventos is considering investing in the battery energy storage (BESS) market in light of the growing number of curtailment cases in Brazil. “Certainly, this is one of the alternatives not only to mitigate the impacts on the electrical system as a whole, but also the potential power cuts suffered by Casa dos Ventos itself,” Erick Lima, the company's director of strategy and corporate management, told BNamericas. The executive stated that the company is closely monitoring the public consultation opened by the government regarding the first battery auction in the country.

NOV 14, 2025 - The European Space Agency

As the COP30 climate conference gets underway in Brazil, the world’s attention is once again drawn to the plight of the Amazon – the planet’s largest and most vital rainforest. With the European Space Agency’s Earth Explorer Biomass satellite now in orbit, ESA is helping Brazil prepare to transform this new mission’s groundbreaking data into actionable knowledge for protecting the rainforest and confronting climate change. Launched earlier this year, the Biomass mission is designed to unlock novel insights into how forests are changing and their pivotal role in regulating Earth’s carbon cycle. It is the first satellite to carry a P-band synthetic aperture radar – its signal capable of penetrating forest canopies to measure woody biomass.

NOV 14, 2025 - UPI

Brazil is deepening political and economic ties with China and Russia to reduce its dependence on the US -- a strategy driven by new tariffs and President Lula's goal of asserting a more independent global role. That's according to analyst R. Evan Ellis, a research professor of Latin American Studies at the U.S. Army War College Strategic Studies Institute. Brazil is pursuing "the most left-leaning foreign policy it has had in decades," marked by cooperation with powers that challenge U.S. influence in the region. Ellis identified three main pillars behind this shift: growing military and technological cooperation with China and Russia, energy diplomacy that reduces the presence of U.S. companies, and a stronger alignment with multilateral forums such as the BRICS group.

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