OPP Winners Must Submit Documents To ANP By Nov. 13 According to the schedule for the ANP’s 3rd Production Sharing Permanent Offer Cycle, the approval of the bidding results will take place by February 6, 2026
PPSA To Auction Government’s Bacalhau Oil Production In December Spot market auction will offer 4 million barrels for shipment between February and August 2026
AGU Secures US$ 4.13 B For Brazil’s Gov't In Dispute With Oil Companies Arguments were partially upheld in arbitration between the ANP and the consortium formed by Petrobras, Shell and Petrogal over the delimitation of the Tupi field
Australian Karoon’s Production In Brazil Drops 12% In Q3 2025 Company attributes the result to issues at two Baúna wells, with works on both expected to be completed by mid-2026
Brazil Could Become Key Player In Decommissioning SBM Offshore’s Global Decommissioning Manager highlighted numerous opportunities emerging in Brazil, describing it as a growing market
Chinese Firms, Norwegian Equinor & Petrobras Secure Permanent Offer Round Blocks CNOOC and Sinopec acquired the Ametista block, Petrobras took Citrino and Equinor bought Itaimbezinho. Petrobras and Equinor took Jaspe. No bids were submitted for the Ônix and Larimar areas
Petrobras Extends ODN II And Norbe IX Contracts Foresea and Petrobras sign a US$ 110 M agreement covering two deepwater rigs
Environmentalists Perceive Amazon Basin License As COP30 Sabotage Climate Observatory says civil society groups and social movements will denounce alleged illegalities and technical flaws in the licensing process
Petrobras Finally Secures License To Drill In Brazil’s Equatorial Margin Environmental agency Ibama has cleared the Morpho well in Foz do Amazonas Basin; the NS-42 drill rig to begin work immediately
Petrobras Directs 6 M Barrels Of Crude Oil To India With the HPCL deal, the company now supplies crude to India’s three main state refiners
Petrobras Cuts Gasoline Prices 4.9% For Distributors It’s the second gasoline price reduction in 2025. Diesel was not readjusted
Transpetro Launches Bidding Process For Barges & Pusher Tugs The new transport mode lets the company expand its range of logistics solutions for clients and serve the bunker supply market in Brazilian ports
Petrobras Estimates US$ 155.9 M In Equatorial Margin Drilling Costs The amount does not include environmental plans and mitigation programs valued at US$ 8.6 M
Federal Tax, Legal Fuel Institute Join To Manage Seized Fuels Partnership aims to combat fraud and preserve seized petroleum products from shuttered Rio refinery
Axia Aims To Grow Through New Assets, Modernization Of Existing Ones Company’s president sees limited chances for acquisitions, rules out short-term internationalization, and says government wasn’t consulted on name change
MME Seeks Investors In Asia For Battery Auction Mines and Energy Minister Alexandre Silveira held meetings with companies such as Huawei Digital Power, BYD, CATL, Envision, Sungrow, HyperStrong and Hithium Energy Storage
Brazil and Indonesia Establish Cooperation in Energy and Mining Memorandum of understanding covers oil and gas, renewable energy, energy efficiency, modernization of power grids, and mineral sustainability
BNB: US$ 66.98 M For Renewable T&D Starting 2026 Goal is to expand renewable integration into Northeast’s electric system
Aneel Upholds Fine Against Wind Farm For Noncompliance The agency rejected an appeal and reaffirmed that plants must comply with deadlines and technical obligations defined by ONS after the SIN collapse
MME Proposes Reservoir Management Improvement Measures MME outlines initiatives to modernize and strengthen coordination among agencies responsible for operating and managing the country's water resources
AXIA Energia – New Eletrobras Name According to the former state-owned company, the rebranding consolidates the transformation process that began in 2022, making the company more innovative, agile, and prepared to respond to technological, regulatory, and market challenges
MME Announces Declarations Deadline For Existing Energy Auctions Interested parties have until October 31 to submit information on the CCEE platform
Nuclear Sector Caught Between SMR Hopes & Angra 3 Plant Doubts Expectations for a new direction driven by modular reactor technology could be stalled by a decision against completing the long-delayed plant
Australian Karoon Wins Esmeralda Block In ANP Auction The area was acquired with a profit oil offer to the government of 14.10% and a signing bonus of R$ 33.73 million (US$ 6.2 M)
Electricity Regulator Approves Hydrogen R&D Projects In total, nearly US$ 37 M from Brazil’s Electric Energy Regulator’s (Anee) Research, Development, and Innovation Program will be invested in the initiatives
Cemig And Prysmian Test Underground Cable For Rural Grids It is installed in Três Pontas, southern Minas Gerais, and will be monitored to assess field efficiency
Petrobras To Pay PPSA US$ 290 M For Jubarte Pre-salt Field The AIP defined the proportional shares of each company in the shared reservoir
IMO Postpones Regulation To Decarbonize Maritime Transport Extraordinary session to formally adopt the Net Zero Framework delayed by one year
Ambipar Files For Bankruptcy Protection Filings in Brazil and the U.S. come amid a severe cash crisis for the Brazilian multinational environmental services company
1 Oil & Gas 20 outubro 2025 Petrobras Finally Secures License To Drill In Brazil... Petrobras Finally Secures License To Drill In Brazil’s Equatorial Margin
2 Power 21 outubro 2025 IMO Postpones Regulation To Decarbonize Maritime Tra... IMO Postpones Regulation To Decarbonize Maritime Transport
3 Oil & Gas 21 outubro 2025 Petrobras Extends ODN II And Norbe IX Contracts Petrobras Extends ODN II And Norbe IX Contracts
4 Oil & Gas 22 outubro 2025 Chinese Firms, Norwegian Equinor & Petrobras Secure ... Chinese Firms, Norwegian Equinor & Petrobras Secure Permanent Offer Round Blocks
5 Oil & Gas 23 outubro 2025 Brazil Could Become Key Player In Decommissioning Brazil Could Become Key Player In Decommissioning