Upstream: 2026 Market To Struggle With Oversupply Rystad reports Brasil, Namibia and the U.S. (Gulf of Mexico) are expected to maintain robust oil activity
Vallourec and Geostock Ink Energy Storage MoU The agreement focuses primarily on developing infrastructure for hydrogen storage and for Container Controlled Submersible Hydrogen
OceanPact-Petrobras Sign US$ 89.4 M Contract The oil company has chartered the Rochedo de São Paulo vessel, an AHTS-TO (Anchor Handling Tug Supply – Tanker Offloading), for four years
One Union Signals End Of Petrobras Strike The Unified Oil Workers Federation accepts Petrobras’ proposal, although it still faces resistance from the National Oil Workers Federation (FNP) and others
Azevedo & Travassos Energia Reports Higher Production In November The Phoenix-Potiguar Hub delivered the largest monthly contribution, with the start-up of a well at the Periquito Nordeste field
ANP Green Lights FPSO P-78 Operations Unit to operate at the Búzios field with capacity of 180,000 bpd and 7.2 million m³/d of natural gas
Petrobras Delays Contract Dates For 7 DOF Group Vessels The AHTSs Skandi Fluminense, Skandi Paraty, Skandi Angra, Skandi Urca and Skandi Iguaçu, as well as the RSVs Skandi Chieftain and Skandi Olympia, will now begin their contracts in early 2027
Petrobras Approves SEAP II Development FID Project is strategic to expand the availability of domestic natural gas and to open a new production frontier in Brazil’s Northeast, according to the company
ANP Indicates 33 More Exploration Blocks For Permanent Concession Offer Of these 33 blocks, 24 are offshore and nine are onshore. The areas will now be analyzed by the Geological and Economic Assessment Superintendency (SAG) of the regulator, so that they can later be included in bidding rounds under the Permanent Concession Offer (OPC).
Natural Gas Output Rose 18.6% in the 3rd Quarter Domestic demand declined, with industrial consumption down 3.9% and thermal use falling more than 20%, according to petroleum institute’s bulletin
Trump Escalates Venezuela Oil Standoff, Tanker Escorts Signal New Phase U.S. president wants return to the United States of “all of the Oil, Land, and other Assets that they previously stole from us”
Petrobras Receives Bids to Restart UFN‑III Engeko and Nova Engevix submit leading proposals in tenders for Três Lagoas fertilizer plant.
Brazil, Guyana & Argentina To Lead 2026 Oil Growth EIA report highlights that the three countries will account for half of the global oil out rise next year
Prio Approves New Share Buyback Program It allows the repurchase of up to 86,945,579 common shares and the trading of derivative contracts with physical or financial settlement
ExxonMobil To Exit 4 Pre-Salt Blocks In Campos & Santos Basins Company has concluded activities in C-M-753 (Campos), S-M-536, S-M-647 and Titã (Santos) and returned them voluntarily
MME Updates 2026 Capacity Reserve Auction Deadlines Ordinances set January 5 as the deadline for developers to submit technical and economic data on their plants
EPE: Effects Of Climate Change On Energy Use A fact sheet released by the company in conjunction with ONS and CCEE shows the impacts on electricity demand due to increased heat waves
SPVs Seek Revocation Of Some Rio Grande Do Norte Solar Projects Project administrator cites transmission bottlenecks, curtailment and lack of evacuation capacity through 2031 in filings with Aneel
MME Updates CVaR Calibration Methodology Revision approved by CMSE enhances transparency, predictability and alignment of modeling with real system operations
Neoenergia Elektro: US$ 12 M To Strengthen Grid For Summer Neoenergia Elektro: US$ 12 M To Strengthen Grid For Summer
Chinese BYD Surpasses 200 K Electrified Vehicles Registered in Brazil Milestone reached just two months after company hit 170,000 registrations
Chamber of Deputies Seeks MME Action On São Paulo Energy Crisis Request from the Chamber’s Presidency responded to demands from São Paulo’s congressional caucus
+20.5 K Consumers Migrate To Deregulated Market The figure, covering the period from January to November, reflects the perceived benefits of moving to a more flexible, competitive, and customized environment, according to the CCEE
Stored Energy Increase Forecasted In 3 Subsystems ONS forecasts an improvement in Stored Energy (EAR) in the South, North and Northeast subsystems for the week of December 20–26
Diesel B To Maintain Lead Among Transport Energy Sources Brazilian government study also shows a gradual decline in gasoline C consumption in light vehicles
Casa Dos Ventos Signs US$ 907 M Vestas Contract The contract provides for the supply of 184 turbines for the Dom Inocêncio wind complex, which will have 828 MW of capacity
Aneel Begins Process That Could Lead To Revocation Of Enel SP Concession Electricity regulator says it will evaluate recurrence of company’s failures to restore service in the Dec. 10 outage in conjunction with Arsesp
São Paulo Lawmakers Seek Federal Intervention In Enel Letter to Chamber of Deputies President Hugo Motta draws support from 24 lawmakers from multiple political parties
Petrobras Buys 49.99% Stake In bp’s Brazilian Solar Energy Business Joint venture with Lightsource bp aims to expand renewable portfolio and scale solar generation
Aneel Mandates Stronger Storm Contingency Plans in SP and RJ Given the expectation of severe weather events, the measure seeks to reduce impacts and ensure a secure supply
1 Oil & Gas 17 dezembro 2025 ExxonMobil To Exit 4 Pre-Salt Blocks In Campos & San... ExxonMobil To Exit 4 Pre-Salt Blocks In Campos & Santos Basins
2 Oil & Gas 18 dezembro 2025 Brazil, Guyana & Argentina To Lead 2026 Oil Growth Brazil, Guyana & Argentina To Lead 2026 Oil Growth
3 Oil & Gas 18 dezembro 2025 Petrobras Receives Bids to Restart UFN‑III Petrobras Receives Bids to Restart UFN‑III
4 Oil & Gas 19 dezembro 2025 Petrobras Approves SEAP II Development FID Petrobras Approves SEAP II Development FID
5 Oil & Gas 22 dezembro 2025 Upstream: 2026 Market To Struggle With Oversupply Upstream: 2026 Market To Struggle With Oversupply