Petronas Returns Campos Basin Block After Dry Well Company determined that the exploration well drilled in C-M-661 did not contain hydrocarbons
12 Companies Express Interest In Concession Areas And 6 In Production-Sharing Areas Oil companies' declarations of interest, accompanied by bid guarantees, have so far secured the inclusion of 22 exploration block sectors and 2 marginal accumulation area sectors under the OPC, as well as 13 production-sharing blocks under the OPP, in the public bid sessions scheduled for October 7
3rd OPP Cycle Winners Sign Production Sharing Contracts Karoon, CNOOC, Sinopec, Petrobras and Equinor sign agreements with the ANP, MME and PPSA for exploration of Esmeralda and Ametista blocks in the Santos Basin and Citrino, Itaimbezinho and Jaspe blocks in the Campos Basin, with minimum investments of US$ 89.55 M
ADM Brazilian Facility To Supply SAF Production Feedstocks Rondonópolis (state of Mato Grosso) plant is the company's first facility in Brazil to obtain ISCC CORSIA certification, expanding its access to the European market
Intermoor Secures New Petrobras Contract Company will provide inspection, preservation, maintenance and operational readiness services for subsea interconnection, mooring and anchoring equipment
Petrolia Secures 15% Interest In Vultur's Recôncavo Basin Blocks REC-T-107 and REC-T-108 include the Urubu-Rei and Urubu-Rei Leste development areas and will continue to be operated by Vultur
Brazil Key Country For Shell’s Business, Says New CEO João Santos Rosa assumes leadership of the Brazilian subsidiary at a time when the country has gained prominence in the group’s global operations, becoming its largest producer
June O&G Production Hits Record 5.842 M Boe/d Brazil’s oil and natural gas output also reached record levels, reaching 4.475 million bbl/d and 217.35 million m³/d, respectively, with annual growth of 19.1% and 19.7%
Petrobras Announces New Colombia Offshore Gas Discovery Gas accumulation was identified at the Sandia-1 exploratory well in the GUA-OFF-0 Block, where the company and Ecopetrol are developing the Sirius project
Court Approves Raízen’s Out-Of-Court Restructuring Plan Decision makes effective the rescheduling of US$ 12 B in debt and allows the company to move forward with its capital increase and business reorganization
Pipeline To Connect Necta & Comgás Gas Networks The 115-km project will connect the biomethane production hub within Necta's concession area to Comgás' consumer market
TotalEnergies & ExxonMobil Win Cargoes In PPSA's 7th Spot Auction Only two of the three lots were awarded: a 900,000-barrel Atapu cargo to TotalEnergies and a 1 million-barrel Bacalhau cargo to ExxonMobil
CNPE Restructures Government-Owned Gas Sales & Targets 50% Price Cut Resolution allows PPSA to directly market government-owned gas through auctions, with expectation of reducing industrial gas prices from about US$ 12 to US$ 5 per million BTU
Petrobras Says Gas Release Program Threatens Investment Company’s Exploration & Production Director Sylvia Anjos says regulatory framework under discussion creates legal uncertainty for natural gas producers
PPSA To Hold 1st Federal Government Natural Gas Auction In November The company is in final stage of negotiations to appoint Petrobras as its marketing agent, according to CEO Luis Fernando Paroli.The company is in final stage of negotiations to appoint Petrobras as its marketing agent, according to CEO Luis Fernando Paroli
Structural Reform Could Cut Electricity Bills by 32% Technical report by the Public Leadership Center (CLP) indicates that high electricity prices are not caused by generation costs, but rather by the way tariffs are structured
Amazon Communities Receive Solar Power Training Training program is part of a partnership between the Conexão Povos da Floresta Network, Senai, and Aneel
Consumer Institute Criticizes Changes To Power Sector Bill Bill text approved by the Senate Infrastructure Committee creates mandatory procurement of specific generation sources, interferes with technical planning, and shifts new costs to consumers
Think Tank: Most Battery Auction Projects Unviable E+ Energy Transition Institute says most of the 296.8 GW registered are neither technically nor commercially viable
Moody’s: Brazil Leads AI Adoption In LatAm, Energy Limits Expansion Agency report says data center growth will depend on expansion of power infrastructure and investments to meet demand for artificial intelligence
Fitch: Curtailment Compensation Benefits Auren, Engie and Serena Agency expects compensation for generation cuts to ease financial pressure on power generators, but rating impacts are only expected from 2027 onward
Eneva’s 295 MW Azulão I Power Plant Enters Commercial Operation Thermal power plant in the state of Amazonas was contracted in Brazil's 2021 Capacity Reserve Auction and will receive fixed annual revenue of R$ 278.3 million (US$ 55.20 M) for 15 years
Axia Completes 1st Post-Privatization Transmission Project Project in Santa Catarina received US$ 37.6 M in investments
61% Of National Grid Interconnection Works Behind Schedule Report shows 23 of 38 projects are delayed or at risk; Aneel criticizes distribution companies’ planning failures, especially Equatorial Pará
State Of Amapá Trade Fair Connects SMEs & O&G Supply Chain Event brought together Petrobras, industry experts, and business leaders to present supplier opportunities and help prepare Amapá companies for a new investment cycle tied to a potential Petrobras discovery in the Equatorial Margin
6,091 Projects Registered For Battery Storage Auctions The projects, totaling 296,807 MW of capacity, represent a new participation record for Brazil's electricity sector auctions
El Niño Concerns: ONS Orders Earlier Generating Units Maintenance National Operator instructed generators to anticipate maintenance work at three hydropower plants on the Rio Grande and a coal-fired power plant in southern Brazil
São Paulo & Rio de Janeiro Power Outage Could Cost US$ 19 M/hour Cyber security company estimates losses of US$ 453 M over 24 hours in case of simultaneous power disruption
End August National Grid Load Demand Expected To Rise 4.8% Initial forecast for month-end also points to higher electricity demand across all regional subsystems, according to the ONS
Temporary E32 Gasoline Blend Takes Effect Nationwide Mandatory blend of anhydrous ethanol in regular gasoline rises from 30% to 32% for 180 days; ANP establishes transition period before enforcement begins
1 Oil & Gas 31 julho 2026 TotalEnergies & ExxonMobil Win Cargoes In PPSA's 7th... TotalEnergies & ExxonMobil Win Cargoes In PPSA's 7th Spot Auction
2 Power 31 julho 2026 Yellow Tariff Flag Remains In Effect for August Yellow Tariff Flag Remains In Effect for August
3 Oil & Gas 03 agosto 2026 Petrobras Announces New Colombia Offshore Gas Discovery Petrobras Announces New Colombia Offshore Gas Discovery
4 Oil & Gas 03 agosto 2026 June O&G Production Hits Record 5.842 M Boe/d June O&G Production Hits Record 5.842 M Boe/d
5 Oil & Gas 03 agosto 2026 Brazil Key Country For Shell’s Business, Says New CEO Brazil Key Country For Shell’s Business, Says New CEO