SBM Selects Siemens Energy To Supply Systems For SEAP FPSOs Most of the equipment will be assembled in Brazil at Siemens Energy's industrial complex in Santa Bárbara d'Oeste (state of São Paulo), meeting the project's local-content requirements and creating approximately 400 direct and 500 indirect jobs
Petrobras Reaches Morpho Reservoir 3 Days After Cementing The company has completed logging and begun cementing the Equatorial Margin well ahead of drilling into the reservoir. Exploration and Production Director Sylvia Anjos expects these stages to be completed by the end of August
Court Suspends ANP’s Offer Of 40 Exploration Blocks Environmental concerns behind the ruling affect areas in the Potiguar, Sergipe-Alagoas, and Espírito Santo basins that were not included in the notice for the 6th Permanent Concession Offer Round, scheduled for October
ANP Backs Bill Granting Access to Tax Invoices According to the O&G Regulator’s Distribution and Logistics Superintendent, the bill would strengthen enforcement and enable more effective monitoring of fuel supply
ANP Approves Eneva’s Acquisition Of Atem’s Stake In Japiim The marginal accumulation area is located in the Amazon Basin and was acquired by a consortium formed by Eneva and Atem Participações in the 4th Permanent Concession Offer Round
ANP Conducts 223 Inspections Targeting Excessive Fuel Prices New enforcement phase began in July and will run through September
End 2026 Petrobras Expects To Reach 2.7 Million Bpd Production This production level was already reached in the second quarter of this year and is expected to become the annual average
ANP Revokes Authorization For Refit Manguinhos Refinery Company under court-supervised restructuring over tax debts had its CNPJ suspended by Brazil’s Federal Revenue Service, one of the basic requirements for obtaining and maintaining the operating authorization for refineries issued by the regulator
PPSA To Hold 8th Spot Auction In Late August Auction will offer approximately 13 million barrels of oil from Búzios and a 900,000-barrel cargo from Atapu
Petrobras CEO On Gas Release: “We Are Not An NGO” Petrobras will study alternatives to the construction of a gas pipeline in Sergipe following the announcement of regulatory changes in the natural gas sector
ANP Seeks 14% Reduction In Petrobras’ Natural Gas Market Share O&G Regulator approves draft Gas Release regulation for public consultation, requiring the state-owned company to release 8 million to 9.2 million cubic meters of gas from sources other than its own production between 2027 and 2030 for government auctions to the market
Abrace & Abegás Support ANP Gas Release Consultation Industry groups say the program could increase gas supply and reduce prices, but call for attention to regional market characteristics
Operational Performance Drive Petrobras Profit The company ended the 2nd quarter with net income of US$ 10.31 B, up 96.8% from the same period in 2025. The results reflect strong performance in E&P and Refining
12 Companies Express Interest In Concession Areas And 6 In Production-Sharing Areas Oil companies' declarations of interest, accompanied by bid guarantees, have so far secured the inclusion of 22 exploration block sectors and 2 marginal accumulation area sectors under the OPC, as well as 13 production-sharing blocks under the OPP, in the public bid sessions scheduled for October 7
3rd OPP Cycle Winners Sign Production Sharing Contracts Karoon, CNOOC, Sinopec, Petrobras and Equinor sign agreements with the ANP, MME and PPSA for exploration of Esmeralda and Ametista blocks in the Santos Basin and Citrino, Itaimbezinho and Jaspe blocks in the Campos Basin, with minimum investments of US$ 89.55 M
Aneel Approves MEZ-Returned Lots In Transmission Auction 4 projects across 3 states have combined maximum Annual Permitted Revenue of US$ 62 M
CEEE & Axia Rebuild Transmission Towers After Southern Brazil Cyclone A total of 26 structures were damaged by the cyclone in the State of Rio Grande Do Sul
ONS: Southern Region Has Highest Inflow Forecast Southeast/Center-West has the second-best forecast and could end August with ENA at 91%
Aneel Sets R$ 470 M (US$ 93 M) In RGR Quotas Amounts will be paid by 108 generation and transmission concessionaires between July 2026 and June 2027
El Niño Could Increase 2026 Renewable Curtailment 25% For Aurora Energy Research's modeling, the cost of curtailment could exceed R$ 8 billion (US$ 1.59 B), putting greater pressure on PPAs and projects
Aeris Reports Zero Scope 2 Emissions For 3rd Year Company used certified renewable electricity and expanded reforestation and biodiversity conservation projects
Structural Reform Could Cut Electricity Bills by 32% Technical report by the Public Leadership Center (CLP) indicates that high electricity prices are not caused by generation costs, but rather by the way tariffs are structured
Amazon Communities Receive Solar Power Training Training program is part of a partnership between the Conexão Povos da Floresta Network, Senai, and Aneel
Consumer Institute Criticizes Changes To Power Sector Bill Bill text approved by the Senate Infrastructure Committee creates mandatory procurement of specific generation sources, interferes with technical planning, and shifts new costs to consumers
Think Tank: Most Battery Auction Projects Unviable E+ Energy Transition Institute says most of the 296.8 GW registered are neither technically nor commercially viable
Moody’s: Brazil Leads AI Adoption In LatAm, Energy Limits Expansion Agency report says data center growth will depend on expansion of power infrastructure and investments to meet demand for artificial intelligence
Fitch: Curtailment Compensation Benefits Auren, Engie and Serena Agency expects compensation for generation cuts to ease financial pressure on power generators, but rating impacts are only expected from 2027 onward
Eneva’s 295 MW Azulão I Power Plant Enters Commercial Operation Thermal power plant in the state of Amazonas was contracted in Brazil's 2021 Capacity Reserve Auction and will receive fixed annual revenue of R$ 278.3 million (US$ 55.20 M) for 15 years
Axia Completes 1st Post-Privatization Transmission Project Project in Santa Catarina received US$ 37.6 M in investments
61% Of National Grid Interconnection Works Behind Schedule Report shows 23 of 38 projects are delayed or at risk; Aneel criticizes distribution companies’ planning failures, especially Equatorial Pará
1 Power 05 agosto 2026 Fitch: Curtailment Compensation Benefits Auren, Engi... Fitch: Curtailment Compensation Benefits Auren, Engie and Serena
2 Power 05 agosto 2026 Moody’s: Brazil Leads AI Adoption In LatAm, Energy ... Moody’s: Brazil Leads AI Adoption In LatAm, Energy Limits Expansion
3 Oil & Gas 06 agosto 2026 Petronas Returns Campos Basin Block After Dry Well Petronas Returns Campos Basin Block After Dry Well
4 Oil & Gas 07 agosto 2026 Petrobras CEO On Gas Release: “We Are Not An NGO” Petrobras CEO On Gas Release: “We Are Not An NGO”
5 Oil & Gas 10 agosto 2026 PPSA To Hold 8th Spot Auction In Late August PPSA To Hold 8th Spot Auction In Late August