Brazil Key Country For Shell’s Business, Says New CEO João Santos Rosa assumes leadership of the Brazilian subsidiary at a time when the country has gained prominence in the group’s global operations, becoming its largest producer
June O&G Production Hits Record 5.842 M Boe/d Brazil’s oil and natural gas output also reached record levels, reaching 4.475 million bbl/d and 217.35 million m³/d, respectively, with annual growth of 19.1% and 19.7%
Petrobras Announces New Colombia Offshore Gas Discovery Gas accumulation was identified at the Sandia-1 exploratory well in the GUA-OFF-0 Block, where the company and Ecopetrol are developing the Sirius project
Court Approves Raízen’s Out-Of-Court Restructuring Plan Decision makes effective the rescheduling of US$ 12 B in debt and allows the company to move forward with its capital increase and business reorganization
Pipeline To Connect Necta & Comgás Gas Networks The 115-km project will connect the biomethane production hub within Necta's concession area to Comgás' consumer market
TotalEnergies & ExxonMobil Win Cargoes In PPSA's 7th Spot Auction Only two of the three lots were awarded: a 900,000-barrel Atapu cargo to TotalEnergies and a 1 million-barrel Bacalhau cargo to ExxonMobil
CNPE Restructures Government-Owned Gas Sales & Targets 50% Price Cut Resolution allows PPSA to directly market government-owned gas through auctions, with expectation of reducing industrial gas prices from about US$ 12 to US$ 5 per million BTU
Petrobras Says Gas Release Program Threatens Investment Company’s Exploration & Production Director Sylvia Anjos says regulatory framework under discussion creates legal uncertainty for natural gas producers
PPSA To Hold 1st Federal Government Natural Gas Auction In November The company is in final stage of negotiations to appoint Petrobras as its marketing agent, according to CEO Luis Fernando Paroli.The company is in final stage of negotiations to appoint Petrobras as its marketing agent, according to CEO Luis Fernando Paroli
Brazilian Oil Gains Foreign Markets Petrobras sold more abroad in the second quarter of this year, while importing less, benefiting from higher refinery utilization
Petrobras Natural Gas Supply Declines National gas availability fell in the second quarter as production unit and gas pipeline outages reduced domestic supply
Noble Posts 2Q26 Loss After Brazil Contract Suspensions Noble Faye Kozack and Noble Courage rigs were under charter contracts with Petrobras
ANP Accepts I-RECs For RenovaBio Certification Agency recognizes renewable energy certificates as proof of the origin of electricity used under the program, expanding options for biofuel producers
OceanPact's CBO Acquisition Gets Antitrust Approval Brazil's antitrust regulator cleared the transaction without restrictions after concluding there is no horizontal overlap in the AHTS, PSV, and OSRV vessel markets and that, despite a dominant position in the RSV segment, the combined company is unlikely to exercise market power
Brazil’s 1H26 Crude Oil Refining +6.2% Processing totaled 377.2 million barrels in the first half of 2026, with 88% sourced domestically; Abreu e Lima refinery (Rnest) in the state of Pernambuco posted the strongest growth
São Paulo & Rio de Janeiro Power Outage Could Cost US$ 19 M/hour Cyber security company estimates losses of US$ 453 M over 24 hours in case of simultaneous power disruption
End August National Grid Load Demand Expected To Rise 4.8% Initial forecast for month-end also points to higher electricity demand across all regional subsystems, according to the ONS
Temporary E32 Gasoline Blend Takes Effect Nationwide Mandatory blend of anhydrous ethanol in regular gasoline rises from 30% to 32% for 180 days; ANP establishes transition period before enforcement begins
Yellow Tariff Flag Remains In Effect for August Less favorable power generation conditions maintain additional charge on electricity bills
Power Consumption Rises 2% In June Third consecutive increase driven by residential and commercial segments, EPE indicates
Powershoring Forum Targets US$ 14 B For Northeastern Brazil’s Green Industry The commitment letter seeks to leverage the region's wind and solar potential to attract low-carbon industries, create jobs and accelerate the energy transition between 2026 and 2030
ONS & Rio De Janeiro University Inaugurate Research & Innovation Hub Project will focus on AI, Big Data and digital substations
Taesa Completes Assis Substation Reinforcement Project Project included the installation of Brazil’s first 525 kV underground cable and one of the country’s largest AC transformers
Electric Energy Trader Expects Yellow Tariff Flag To Remain In August The performance of southern Brazil has acted as a balancing factor for the electricity market, according to Armor Energia
Strong Winds Cause Power Supply Interruptions In Rio De Janeiro & São Paulo Electricity Regulator Aneel monitors developments as utilities and other sector players work to restore the grid and normalize service to consumers
Foz Do Chapecó Hydro Plant Enters International Carbon Market Partnership with Swiss company enables sale of 10,000 credits
IMC Rare Earths IPO Raises US$20 M As Company Begins Trading On NYSE American São Paulo-based mining company focuses on heavy rare earth elements to meet demand from sectors such as electric vehicles, artificial intelligence and defense
Aneel Opens Neoenergia Brasília Tariff Review Public Consultation Proposal calls for an average tariff increase of 1.86%
Aneel Reduces Annual Generation Revenue For Quota Hydropower Plants By 6.34% After De-Quotization Annual revenue for 59 hydropower plants falls to R$ 8.12 billion (US$ 1.47 B) following the removal of 13 Axia Energia plants from the quota regime; tariff rises 19.8%
Aneel Approves Battery Auction Public Consultation Amid Cost-Sharing Debate Auction rules for the 2026 Capacity Reserve Auction released for consultation; tenders scheduled for December 2 and 4 while ERCAP cost allocation remains unresolved
1 Oil & Gas 27 julho 2026 Cade Approves SLB-Shearwater Equatorial Margin Partn... Cade Approves SLB-Shearwater Equatorial Margin Partnership
2 Power 27 julho 2026 Brazil & South Korea Sign Cooperation Agreement Brazil & South Korea Sign Cooperation Agreement
3 Power 28 julho 2026 Amazon Region Accounts For 48.2% Of Brazil's Critica... Amazon Region Accounts For 48.2% Of Brazil's Critical Minerals Mining Claims
5 Power 31 julho 2026 Yellow Tariff Flag Remains In Effect for August Yellow Tariff Flag Remains In Effect for August