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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

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

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

Antitrust Council Approves Helix Energy & Hornbeck Offshore Merger

Brazil’s Antitrust Council (Cade) concluded that the transaction is unlikely to harm competition in the affected markets.

Petrobras-Pemex Partnership Expected Soon

President Lula and Mexican President Claudia Sheinbaum met via videoconference and discussed energy cooperation between the two countries

Attorney General Backs Constitutional Challenge Against Amazonas Refinery Tax Exemption

Lawsuit questions tax exemption for refining activity in the Manaus Free Trade Zone, benefiting Refinaria do Amazonas (Ream)

Petrobras Selects OceanPact For Marlim Decommissioning Project

US$ 80.5 M contract covers pull-out operations & recovery of flexible lines and umbilicals from the P-18 platform, including subsea operations, cutting, disconnections, and interventions using MPSVs, ROVs, and heavy-lift cranes

B3 Suspends Brava’s Ecopetrol Tender Offer Deadline

The 15-day period will remain suspended until the Brazilian company publishes an amendment to the tender offer notice

Ivory Coast Authorizes 8 Exploration Blocks For Petrobras

According to the African country’s petroleum and mines ministry, production-sharing agreements will be signed for 8 offshore blocks located in the country’s sedimentary basin, most of them in deepwater areas

ICL Questions Manaus Refinery’s FTZ Tax Advantage

Fuel market association argues incentives may create competitive imbalance, loss of tax revenue, and market concentration

Alvopetro Finds 47.7 m Of Net Pay In Murucututu

7th well in the field was drilled in April this year. The company also found 21.9 m of net pay in a different sequence of the Maracangalha Formation, which is not yet included in reserve or resource estimates

Petrobras To Join Equinor In Itaimbezinho Block

State-owned company says partnership maximizes synergies in the Campos Basin, where it already develops adjacent assets in consortium with Equinor

Pampa Energía Selects Halliburton To Digitalize Vaca Muerta

Initiative aims to build a scalable digital foundation to support the company’s expansion in Argentina

Wärtsilä Engines To Support Transpetro’s Decarbonization

Equipment will be capable of operating on biofuels and prepared for future conversion to ethanol and methanol

Petrobras Studies Battery Usage In Subsea Applications

Company is also seeking to develop an integrated system for continuous monitoring and sensing of subsea wells. The opportunities are part of the “Connections for Innovation” program

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

Solfácil Reports Solar Energy Prices Falling

Acre, Rondônia and Amazonas lead the ranking of states with the lowest average cost for residential systems

Trafigura Receives License To Trade Electricity In Brazil

For the global commodities trading company, Brazil is the natural gateway to the Latin American power trading market

ICL Calls For Approval Of Bill Targeting Pipeline-Related Crimes

Legislative proposal seeks to reduce theft, protect critical infrastructure, and prevent disruptions to regional fuel supplies

Carrefour & GreenYellow Brasil Ink Solar Deal

The project will supply more than 30% of the retailer’s electricity consumption through approximately 38 MWp distributed across 54 solar generation systems

CPFL Energia Sets Special Operation For World Cup Matches

Company has reinforced teams, suspended scheduled outages, and will monitor electricity consumption in real time during Brazil’s matches

ISA Energia Inaugurates Brazil’s 1st SSSC System

Aneel-approved solution will enable better management of power flows and reduce grid congestion

32% Ethanol Blend In Gasoline Proposal For CNPE

According to Mines and Energy Minister Alexandre Silveira, the measure could reduce gasoline imports by approximately 454 million liters

Brasília Federal Court Overturns Injunction Against LRCAP

The Federal Court of Brasília had already upheld the auction in a previous ruling and found no new facts compared to the earlier decision

Cemig Allocates US$ 9.7 M To Rural Solar Projects

Initiative offers a minimum 60% subsidy for the acquisition of photovoltaic systems and battery energy storage systems on rural properties

Equatorial Turns Electricity Bills Into Information Channel

Initiative uses the back of energy bills to promote health, citizenship, and well-being campaigns to more than 14 million customers

Proper Price Signaling Can Solve Power System Imbalance

Independent Electricity Producers Association president says supply and demand control in the electricity sector should be handled through tariff signals & argues Brazil is behind other countries

Electricity Distributors Invested US$ 7.92 B In 2025

Information is included in the PDD 2026 released by Aneel – US$ 49.89 B in investments forecasted over the next 5 years

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From The Media

JUN 15, 2026 - Merco Press

São Paulo's stock exchange closed down 0.42% on Monday (June 15), dragged by the plunge of the state oil company Petrobras after the international crude price fell, linked to the preliminary agreement between the United States and Iran. The Ibovespa, the benchmark index of Latin America's main exchange, ended the session at 170,415 points. The announcement of the pact between Washington and Tehran —which, after nearly 4 months of war, provides for suspending hostilities and reopening the Strait of Hormuz, through which about a quarter of the world's oil and gas production flows— caused a 4.8% drop in the international price per barrel. That decline hit Petrobras, Brazil's largest company, whose preferred shares, among the most traded of the day, plunged 5.1% and dragged the index down, even though the exchange initially traded in positive territory.

JUN 15, 2026 - Reuters

The USA-Iran deal, announced Sunday (June 14), ending months of fighting and reopening the Strait of Hormuz will prompt a collective sigh of relief from energy exporters and importers alike. But the fragile calm may not prevent future flare-ups, casting doubt over how quickly - or fully - tanker traffic through the vital waterway can return to normal. Iran and the U.S. agreed to lift their blockades on the Strait, which is expected to reopen once both sides formally sign the accord on Friday (June 19). However, the deal leaves Tehran with a powerful lever. Iran's willingness and ability to choke ​off the strait for months has shattered a decades-old taboo, raising the prospect that it could do so again – or simply threaten to – whenever it seeks leverage over its Gulf neighbors or ⁠adversaries.

JUN 15, 2026 - Yahoo Finance

Auctions of Brazilian farms seized by creditors are soaring, according to data compiled for Reuters, as distressed rural credit has grown to almost a fifth of outstanding loans. Weaker grain prices, towering interest rates, ‌and rising input costs, as well as the ravages of unpredictable weather in a changing climate, have led to bankruptcies and seizures ‌of far more farms across Brazil. Adding to the problems, Brazilian farmers are bracing for a potential "super El Nino" weather pattern, which could damage crop yields ​and further dent their incomes. Also, soaring fertilizer prices during the war in Iran have prompted more Brazilian farmers to trim their ambitions for new planting. The southern state of Rio Grande do Sul, one of the hardest hit by rising farmer defaults, suffered catastrophic flooding in 2024 influenced by climate change and that year's El Niño, according to a study published in January in "NPJ Natural Hazards", a "Nature" journal.

JUN 15, 2026 - Energy Live News

Brazil’s hydropower sector is calling for urgent regulatory reforms to accelerate investment in pumped storage projects as the country faces growing challenges from expanding renewable energy generation. The International Hydropower Association (IHA) convened a high-level roundtable in Brasília, bringing together government officials, regulators, and energy companies to discuss the future of large-scale electricity storage. Brazil already generates around 90% of its electricity from renewable sources, largely due to decades of investment in hydropower. However, rapid growth in wind and solar generation is creating new pressures on the electricity system, including renewable energy curtailment, grid instability, and increasing demand for long-duration energy storage.

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