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MME Study Proposes National Rare Earth Elements Strategy

Report provides diagnostics and recommendations to support federal government decision-making in the sector

Oil Spill Response Training Held On Bahia Beaches

Program trained around 60 participants from various institutions to respond to oil contamination incidents

SLB Joins TGS In Pelotas Seismic Survey Campaign

The partnership aims to acquire, process, market, and license multi-client offshore 3D seismic data in the Pelotas Basin

Ecovix Wins Transpetro Tender For 4 MR1 Tankers

Valued at US$ 427 million, the contract covers the construction of four Medium Range (MR1) tankers

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

Electricity Consumers Bear US $1.4 B Theft & Fraud Costs

During a hearing in Brazil's Chamber of Deputies, Aneel and distribution utilities discussed the impact of non-technical losses

São Paulo & Mato Grosso Do Sul Institutions Benefit From Solar Plants

Neoenergia Elektro expanded photovoltaic system installations in hospitals, nursing homes, schools and courts

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

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11 junho 2026

Petrobras Selects OceanPact For Marlim Decommissioni...

Petrobras Selects OceanPact For Marlim Decommissioning Project

2

Oil & Gas

12 junho 2026

Petrobras-Pemex Partnership Expected Soon

Petrobras-Pemex Partnership Expected Soon

3

Oil & Gas

15 junho 2026

Refit Refinery Tax Fraud Investigation Transferred T...

Refit Refinery Tax Fraud Investigation Transferred To Federal Court

4

Power

15 junho 2026

Energy Sector Leads CEO Turnover

Energy Sector Leads CEO Turnover

5

Oil & Gas

16 junho 2026

Prio Starts Production At 4th Wahoo Well

Prio Starts Production At 4th Wahoo Well

From The Media

JUN 19, 2026 - Reuters

Venezuela has begun opening its power sector to private investment, a move that is drawing interest from Brazilian energy companies as the country seeks to address years of chronic blackouts. Interim President Delcy Rodríguez this week signed a memorandum with GE Vernova⁠ to restore electricity generation capacity. The agreement targets the addition of 1 GW of power capacity within 24 months and a further 5 GW over the following four years. Brazilian energy producer Eneva⁠ has confirmed it is evaluating opportunities in Venezuela amid regulatory reforms.

JUN 19, 2026 - Mondaq

Brazil’s Ministry of Mines and Energy (MME) has issued Ordinance No. 136/2026, setting the rules for the country’s first Capacity Reserve Auctions (LRCAP) dedicated exclusively to Battery Energy Storage Systems (BESS). The auctions, scheduled for December 2026, mark a major step toward integrating energy storage into Brazil’s power sector and strengthening grid reliability. Successful projects will receive 15-year contracts beginning in August 2028.The initiative comes as Brazil seeks greater storage capacity to support the growing share of intermittent renewable generation, creating new opportunities for investors and developers in the emerging BESS market.

JUN 19, 2026 - JPT

A new 4D seismic acquisition technology has completed the first phase of qualification in the Mero Field, in Brazil’s pre-salt Santos Basin. Developed by Petrobras’ Cenpes in partnership with Shell, Sonardyne and Senai Cimatec, the On-Demand Ocean Bottom Nodes (OD OBN) system aims to improve offshore reservoir monitoring. The initial phase involved deploying 84 units on the seabed at a depth of about 2,000 meters. The operation was carried out by Senai Cimatec and Sonardyne. According to Senai Cimatec, the successful deployment marks a key milestone toward product commercialization and demonstrates the maturity achieved during development. Further qualification stages are planned.

JUN 19, 2026 - Oil&Gas Middle East

Honeywell has been selected to provide modular processing technology, specialised equipment and integrated automation systems for Acelen Renewables’ new biofuels complex in Bahia, Brazil. The greenfield project is expected to become one of the world’s largest renewable fuels facilities, producing sustainable aviation fuel (SAF) and renewable diesel using macaúba oil, a sustainable feedstock native to Brazil. The project will utilise Honeywell’s Ecofining process technology, along with specialised pumps, compressors and integrated control and safety systems designed to accelerate project delivery and optimize production efficiency.

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