OPEC Forecasts 2050 Oil Demand To Reach 124 Mbpd The international organization also projected higher supply over the period in its 2026 World Oil Outlook, with Brazil leading volumes through 2030
Brava Energia Receives Atlanta Field Arbitration Claim From Westlawn U.S. company argues that the Ecopetrol transaction may trigger its preemptive rights to acquire Brava's interest in the Santos Basin asset
ATE Shareholders OK Andorinha Energia Merger Gives the company full ownership of the Porto Carão and Barrinha clusters, the Andorinha field and six exploration blocks
Petrobras & Finep Seek Domestic Electrolyzer Technology Proposals With funding of R$ 150 million (US$ 29.75 M), the initiative aims to develop innovative Brazilian technology that reduces costs & dependence on foreign suppliers
Brazil Sets New Oil Export Records Amid Wartime Disruptions ANP data show crude oil export volumes rose 30.7% from January through April, while export revenues increased 26.3%
Prio Starts Production At 4th Wahoo Well Production stabilized at 10,000 bpd, bringing field output to 40,000 bpd
Antitrust Council To Review Petrobras Itaimbezinho Block Farm-In Agreement Equinor plans to transfer a 50% interest in the Campos Basin pre-salt block to the Brazilian state-controlled company
CVM Suspends Ecopetrol's Acquisition Tender Offer For Brava Brazil's securities regulator required amendments to the tender offer documents. Ecopetrol said it “respectfully disagrees” and will file an appeal
Petrobras Sells Green Petroleum Coke To Saudi Aramco For the first time, the Saudi oil company will purchase the petroleum byproduct for use at its refinery in China
Refit Refinery Tax Fraud Investigation Transferred To Federal Court State court ordered the transfer of tax fraud operation to the federal judiciary, citing evidence of irregular international financial transactions
Antaq To Hold Decommissioning Workshop Online Event aims to discuss opportunities for Brazil’s port sector related to offshore platform decommissioning and the sustainable recycling of vessels and offshore assets
Antitrust Council Approves Helix Energy & Hornbeck Offshore Merger Brazil’s Antitrust Council (Cade) concluded that the transaction is unlikely to harm competition in the affected markets.
Petrobras-Pemex Partnership Expected Soon President Lula and Mexican President Claudia Sheinbaum met via videoconference and discussed energy cooperation between the two countries
Attorney General Backs Constitutional Challenge Against Amazonas Refinery Tax Exemption Lawsuit questions tax exemption for refining activity in the Manaus Free Trade Zone, benefiting Refinaria do Amazonas (Ream)
Petrobras Selects OceanPact For Marlim Decommissioning Project US$ 80.5 M contract covers pull-out operations & recovery of flexible lines and umbilicals from the P-18 platform, including subsea operations, cutting, disconnections, and interventions using MPSVs, ROVs, and heavy-lift cranes
Record Residential Electricity Consumption In 1Q26 In the same period, however, industrial consumption fell 1.4%, marking three consecutive quarters of decline
Energy Research Office Supports Pumped-Storage Hydropower Projects The planning agency intends to work with Brazil's water and environmental regulators to establish a legal framework that provides investment certainty for pumped-storage hydropower facilities
Suno Solar Fund Launches 5th Offering The transaction aims to raise R$ 1.8 billion (US$ 357 million) to acquire and develop new distributed generation projects
Petrobras Markets First Certified Soybean SAF Biofuel was produced through co-processing at the Duque de Caxias refinery
ONS: Contracted LRCAPs Volume Insufficient Alexandre Zucarato said that the battery auction will provide additional power capacity and outlined the strategy to address El Niño
Aneel Requests Market Monitoring Sanctions Framework Consultation The initiative aims to strengthen the competitive electricity market by enhancing operational security and market reliability
SAF Regulation Decree Nears Publication According to the MME’s Biofuels Department Director, the decree is currently with the Presidential Chief of Staff's office awaiting final procedural steps before publication
Project Launched To Make São Paulo Ethanol Carbon Negative Initiative brings together universities and the private sector to capture and store CO₂ from ethanol production
Strategic SE/CO Reservoirs Increasing Storage During The Dry Season The outlook is particularly favorable given forecasts of a strong El Niño event in the second half of the year, bringing limited rainfall and intense heat across most of Brazil, except for the South
Gerdau Buys Copel Stake In Dona Francisca Hydropower Plant To acquire Copel's and Celesc's interests in the hydropower facility, Gerdau will invest a total enterprise value of US$ 59.5 M
Brazil’s Grid System Handled World Cup Debut Load The load before, during, and after the match showed typical fluctuations seen in major sporting events
Energy Sector Leads CEO Turnover O&G and energy corporations listed on the B3 Stock Exchange accounted for the highest number of CEO successions over the past 5 years
Bolivia Interconnection Could Reduce Renewable Generation Curtailment Brazil’s National Operator (ONS) sees benefits in project included in Transmission Auction No. 4/2026 for exporting renewable energy surpluses from the state of Mato Grosso do Sul to Bolivia
Solfácil Reports Solar Energy Prices Falling Acre, Rondônia and Amazonas lead the ranking of states with the lowest average cost for residential systems
Trafigura Receives License To Trade Electricity In Brazil For the global commodities trading company, Brazil is the natural gateway to the Latin American power trading market
1 Oil & Gas 10 junho 2026 Petrobras To Join Equinor In Itaimbezinho Block Petrobras To Join Equinor In Itaimbezinho Block
2 Oil & Gas 11 junho 2026 Ivory Coast Authorizes 8 Exploration Blocks For Petr... Ivory Coast Authorizes 8 Exploration Blocks For Petrobras
3 Oil & Gas 11 junho 2026 Petrobras Selects OceanPact For Marlim Decommissioni... Petrobras Selects OceanPact For Marlim Decommissioning Project
4 Oil & Gas 15 junho 2026 Refit Refinery Tax Fraud Investigation Transferred T... Refit Refinery Tax Fraud Investigation Transferred To Federal Court
5 Oil & Gas 16 junho 2026 Prio Starts Production At 4th Wahoo Well Prio Starts Production At 4th Wahoo Well