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Brazilian Petroleum Industry Targets International Expansion

Onip is holding preliminary discussions with representatives from Africa and South America to increase the presence of Brazilian companies abroad

ANP Extends RCM Public Consultation For NTS & TAG Pipelines

The O&G Regulator (ANP) said the extension will provide additional time for market participants and stakeholders to analyze the proposals, responding to a request from the natural gas transmission companies

Petrobras Approves US$ 1.2 B FID For Biorefining Project

RPBC Biorefining project includes construction of a dedicated facility to produce sustainable aviation fuel (SAF) and renewable diesel

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

MME Study Proposes National Rare Earth Elements Strategy

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

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

Aneel Recommends Postponing Converter Station For Brazil-Bolivia Power Interconnection

The Electrical Energy Regulator (Aneel) removes sublot that included the first VSC converter from the auction scheduled for this year but maintains reinforcements associated with the project

Stored Energy Above 60% Forecasted For 3 Regions

For the week June 20-26, the North region presents the most favorable outlook, with Stored Energy at 97%, according to the National Operator (ONS)

POTEE 2025 Plan Adds 31 New Transmission Projects

The plan includes strategic projects designed to enable the connection of new industrial loads and data centers to Brazil's National Interconnected Grid System

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

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

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

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

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From The Media

JUN 22, 2026 - Reuters

India, once the world's second-largest sugar exporter, is expected to have little surplus for export for at least three more seasons as El Nino weather conditions threaten cane production and rising ethanol demand squeezes supply. A prolonged absence by India ‌from export markets would remove a key balancing supplier as weather risks and biofuel policies reshape global sugar trade flows. Interviews with over a dozen trade and industry executives, government sources, and farmers show that lower cane availability and rising ethanol demand will leave little for exports for several years, prompting dealers at global houses to warn head offices of shrinking opportunities in India, trade sources said.

JUN 22, 2026 - Rigzone

Braskem SA, the heavily indebted Brazilian petrochemical giant seeking an extrajudicial recovery, is continuing its push to increase production even as prices fall in the wake of the peace deal between the US and Iran. A Braskem board member said he expects damaged petrochemical plants in the Mideast to take 12 to 18 months to come back online, creating an opportunity to increase market share. "The strategy is to capitalize on the current upswing and prepare for the next upcycle," William França, a Petrobras executive director who was recently elected to Braskem's board, said in an interview.

JUN 22, 2026 - BNamericas

Brazil's National Electric System Operator (ONS) is working on the primaryization of operational models in order to achieve a more realistic view of the conditions of the National Interconnected Grid System, according to ONS's Operations Planning Executive Manager Maria Cândida Lima. The initiative is part of a technological modernization project that provides for the development of proprietary, open-source software and algorithms to support price formation and the planning of the Brazilian electrical system, whose complexity has been increasing due to the growth of intermittent energy sources and distributed generation.

JUN 22, 2026 - Biomass Magazine

Honeywell announced that its modular Ecofining process technology, specialized pumps, compressors, and integrated control and safety systems will help drive sustainable aviation fuel (SAF) and renewable diesel production for Acelen Renewables' greenfield site in Bahia, Brazil. With SAF demand projected to increase to nearly 500,000 barrels per day over the next decade, refiners are looking for ways to scale production quickly and efficiently. Honeywell's modular delivery model shortens construction time and lowers costs, allowing SAF production faster than traditional methods.

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