Petrobras Acquires Namibia Offshore Block Stake Transaction carried out in partnership with TotalEnergies marks Petrobras’ return to Namibia
Brava Energia’s January Production Steady The company produced an average of 73,800 bpd during the month, in line with the Dec. average – Papa-Terra field set another monthly production record
ExxonMobil Guyana Acquires SBM Offshore’s FPSO One Guyana Transaction was completed with total cash consideration of approximately US$ 2.32 B. Despite the sale, SBM Offshore will remain responsible for operating the platform until 2035
Shell CEO Denies Vaca Muerta Sale Shell CEO Wael Sawan and CFO Sinead Gorman said the company is active in the mergers and acquisitions market and will evaluate all opportunities to invest capital wisely and maximize value, with no “sacred cows”
Petrobras Seeks Flaring Management Digital Tool Requested solution consists of a digital tool for managing/classifying routine FPSO flaring – Interested parties must submit proposals by Feb. 24th
ANP Authorizes Foz Drilling Resumption Drilling of the Foz do Amazonas Basin’s Morpho well by Petrobras has been halted since January 4th after a loss of drilling fluid was identified in auxiliary riser lines
Brazil May Become Offshore Decommissioning Hub The Oil Industry National Organization (Onip) report brings together guidelines to unlock investment and promote the sustainable recycling of platforms in the South Atlantic
Prio’s January Production Steady Output averages 155,000 boed, with only Frade posting a month-on-month decline
Equinor Extends Bacalhau Rig Charter The 1-year renewal extends the original contract until October 2027
Inmetro & ANP Launch Operation Targeting Fuel Station Fraud Fuel fraud investigation operation is conducted in the Federal District and 8 states
Shell Sells To Kufpec 20% Gato Do Mato Project Stake According to Peter Costello, Shell’s president of upstream, the deal deepens the company’s long-term commitment and strategic partnership in Kuwait
France May Resume Oil Exploration In French Guiana French Senate approves bill repealing the ban on hydrocarbon exploration in the country’s overseas territories. The bill must still pass National Assembly approval
Petrobras Surpasses Its Own Patent-Filing Record With 184 new applications filed with Brazil’s National Institute of Industrial Property (INPI), Petrobras set a new record for patent filings in 2025
Brazil’s 2025 O&G Output Hits Record High Brazil’s average O&G production reached a historic high of 4.897 million barrels of oil equivalent per day (boed) in 2025, about 12.7% above the previous record set in 2023
Venezuela Approves New Oil Industry Law The country’s National Assembly approved the Partial Reform of the Organic Hydrocarbons Law, which relaxes the participation of private companies in oil and gas exploration and production
INB Tests Nuclear Microreactors Fuel Rod Manufacturing The stage will test the state-owned company’s capacity for future large-scale production to supply microreactors
“Safe Fueling” Operation Identifies 787 Irregularities Joint inspection by Inmetro and ANP at 171 fuel stations across eight states and the Federal District lasted three days and resulted in 242 shutdowns
Celesc Invested Nearly US$ 6 M In Automatic Reclosers Between 2023 and 2025, the company acquired 612 automatic reclosers—smart devices that help identify faults and restore power supply
Axia & GIZ To Produce Low-Carbon Steel With Green Hydrogen Partnership aims to build a green hydrogen production plant of up to 10 MW to supply a steel mill
Government Orders Aneel’s Financial Autonomy Plan Measure, to be implemented within 180 days, stems from a TCU audit of Aneel, ANP, ANM and Anatel
Rainy Season Uncertainties Worry Experts Although Aneel opted to keep the green tariff flag this month, analysts are concerned that the expected improvement may not materialize
ANP & Inmetro Have Already Detected 301 Irregularities At Fuel Stations On Wed. (Feb. 4), the “We’re Watching – Safe Fueling” Operation identified 87 irregularities after inspecting 21 fuel stations in the Federal District and 8 states
BNDES Approves Weg Battery US$ 53 M Loan New facility will expand the company’s production capacity in BESS systems to up to 2 GWh per year
Itaipu & CCEE Open Call For Sales Of I-RECs This will be the first commercial operation of the assets, which will receive the CCEE Origem and I-REC Itaipu seals
Data Centers Dominate Projects Authorized To Access Power Grid Data center projects represent about 7,040 mw across 38 requests
Copel Area’s 2025 Energy Consumption Up 1% Throughout the year, regulated market consumption served by the State of Paraná distributor fell 5.7%, while the deregulated market grew by 11.5%
Espírito Santo #2 Behind Rio In 2025 Oil Production The state overtakes São Paulo for 2nd place in national rankings – averages 192,800 bpd in 2025
Cost Cuts Help Thermal Plants Be More Competitive In Auction ANP decisions aim to reduce natural gas transportation costs for thermal plants
Aneel Proposes To Exclude New Charge From LRCAP 2026 Electricity regulator seeks to exclude capacity reserve charge to avoid higher bids
Citrosuco To Test Biomethane In Truck Fleet Pilot project in orange juice highway transportation could help avert 80 Tons of CO₂ emissions during testing
1 Oil & Gas 03 fevereiro 2026 Shell Sells To Kufpec 20% Gato Do Mato Project Stake Shell Sells To Kufpec 20% Gato Do Mato Project Stake
2 Oil & Gas 03 fevereiro 2026 Inmetro & ANP Launch Operation Targeting Fuel Statio... Inmetro & ANP Launch Operation Targeting Fuel Station Fraud
3 Oil & Gas 03 fevereiro 2026 Equinor Extends Bacalhau Rig Charter Equinor Extends Bacalhau Rig Charter
4 Power 03 fevereiro 2026 Copel Area’s 2025 Energy Consumption Up 1% Copel Area’s 2025 Energy Consumption Up 1%
5 Oil & Gas 05 fevereiro 2026 ANP Authorizes Foz Drilling Resumption ANP Authorizes Foz Drilling Resumption