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Brazil and Spain Sign Deal For Critical Minerals

Partnership aims to attract investments and develop value chains and sustainable practices in resource exploration and processing, among other initiatives

Natural Gas Consumption In Brazil Up 3.8% In 2025

Survey by the Brazilian Association of Piped Gas Distribution Companies points to a 5.3% increase in industrial consumption, 4.5% in power generation, and 8.8% in the residential segment

Petrobras Launches Tender For Reduc Refinery UFCC Revamp

The project is part of refinery modernization strategy to boost efficiency and higher-value fuel output

BW Maintains Production In 1st Qtr/2026

Higher output at the Golfinho field offset losses at Dussafu

CoreMarine and Jumbo Offshore Sign Contract with Southern Energy

The companies will be responsible for the transport and installation of the mooring systems and the connection of the Hilli Episeyo and MK II FLNGs (Floating Liquefied Natural Gas) in the San Matías Gulf, Argentina

Petrobras Receives Bids For 4 Accommodation Vessels

Companies CMM Offshore, Marlin Navegação, Posidonia Shipping & Trading, Granenergia Investimentos, and Rio de Janeiro Serviços Marítimos submitted bids in the tender

Petrobras Completes P-79’s 1st Producing Well Hook-Up

Campaign included 5.2 km of umbilicals, 5.1 km of flexible pipelines, and 4.7 km of rigid pipelines; first oil expected in August

South America Enjoys Rare Earth Supply Advantages

KPMG Report highlights four factors that could position the region to lead the reconfiguration of critical mineral supply chains

Transpetro Signs Gas Tanker Contract With Chinese Shipyard Zhoushan

Zhoushan Dashenzhou Shipbuilding Co. will be responsible for building three semi-refrigerated gas tankers, each with capacity to transport 10,000 m³ of LPG and derivatives

5 Companies Compete For Albacora FPSO Bid

BW Offshore, COOEC, MISC Berhad, Shapoorji, and Yinson have expressed interest in the Petrobras tender under BOT model

Vibra Completes Evolua Divestment

Company finalized the sale of its 49.9% stake in the ethanol trading joint venture

Petrobras To Contract 7 More FPSOs

Company aims to tender new production units through 2028 for major pre-salt and offshore projects

OPC: Tender With Addition Of 45 Blocks To Undergo Public Hearing

The ANP will hold a public hearing on April 28 to discuss updates to the Permanent Concession Offer (OPC), including new exploratory areas

Shipyard Processing Steel For Handy-Class Vessel Hulls

The four Handy-class ships were ordered by Transpetro under Petrobras’ fleet renewal program and will be built at the Rio Grande Shipyard

Petrobras To Sign SEAP FPSO Contracts In May

Company has approved the final investment decision (FID) for the SEAP I project; SBM Offshore will be responsible for building both platforms

Engie Approves Hydro Plants’ Adhesion To UBP Repayment Restructuring

Total repackaged payment for Cana Brava and Ponte de Pedra concessions reaches US$ 473 M

Gerdau Expands Stake In Dona Francisca Hydro Plant

The company invests US$ 30 M to acquire 23.03% stake in DFESA

PetroChina Secures Bacalhau Gov't Oil In Spot Auction

The second lot of 1 million barrels remains unsold amid market volatility

2025 Brazilian Power Outages Averaged 9.3 Hours

The result marked a 9.2% improvement year over year; Enel SP posted the steepest decline among distributors

Brazil Opens 378 Investigations Against Fuel Distributors

Crackdown on abusive practices also led to over 5,000 stations being given notices

Government To Increase “Gas For The People” Reference Price

Increase of up to US$ 2.00 per cylinder aims to retain retailers and attract new participants to the program

Itaipu Director Says 2027 Tariff Will Be Lower

Executive targets US$10–US$12/MWh but avoids firm forecast

BNDES Secures US$ 189 M From JBIC for Green Projects

Agreement supports biofuels and power transmission investments

ONS Updates Grid Capacity Margin Dashboard Through 2031

The tool provides information to support investors in selecting connection points for new generation projects

Rio Grande Do Norte Unveils Green Hydrogen Atlas

Study points to up to 90 million tons a year of production potential

BBCE Closes Q1 With US$ 4.65 B Traded

Turnover falls year over year but rises sharply versus Q4 2025

Vale Announces 1st Transoceanic Ethanol-Powered Vessel

Pioneering use of ethanol in vessels serving the mining company could reduce greenhouse gas emissions in maritime transport by around 90%

3 Subsystems To Have EAR Levels Above 60%

In the Southeast/Center-West, the region that accounts for 70% of the country’s reservoirs, stored energy is projected at 68.7%

Distributed Generation Reached 45 GW In 2025

New connections declined 12% last year despite strong capacity growth

ANP Launches Portal For Complaints Against Fuel Retailers

New platform targets irregularities at gas stations, LPG dealers and other regulated agents

Most Read

1

Oil & Gas

10 abril 2026

Brazil’s Proven Oil Reserves Up Nearly 4% In 2025

Brazil’s Proven Oil Reserves Up Nearly 4% In 2025

2

Oil & Gas

10 abril 2026

Petrobras To Regain Control Of Tartaruga Verde & Esp...

Petrobras To Regain Control Of Tartaruga Verde & Espadarte Fields

3

Power

10 abril 2026

Distributed Generation Reached 45 GW In 2025

Distributed Generation Reached 45 GW In 2025

4

Oil & Gas

15 abril 2026

Petrobras To Contract 7 More FPSOs

Petrobras To Contract 7 More FPSOs

5

Oil & Gas

15 abril 2026

5 Companies Compete For Albacora FPSO Bid

5 Companies Compete For Albacora FPSO Bid

From The Media

ABR 17, 2026 - Upstream

Brazilian oil giant Petrobras has signed an agreement to acquire an operating stake in a block offshore Sao Tome & Principe, further expanding its exploration activities in the African continent. Over the past couple of years, Petrobras has started to spread its wings outside Brazil by acquiring interests in offshore acreage , particularly in Africa, in countries such as South Africa and Namibia. Under the new deal announced on Friday, Petrobras will purchase a 75% stake in Block 3 in Sao Tome & Principe from Oranto Petroleum. Financial terms were not disclosed. Oranto will retain a 15% participation interest in Block 3. Sao Tome & Principe National Petroleum Agency holds the remaining 10%.

ABR 17, 2026 - Bloomberg

Brazil’s economic activity accelerated slightly faster than expected in February, a sign that the economy remains resilient to the drag of double-digit borrowing costs. The central bank’s economic activity index, a proxy for gross domestic product, picked up 0.6% from the month prior, above the 0.54% median estimate of analysts in a Bloomberg survey. From a year ago, the index came in at -0.27%.

ABR 17, 2026 - Renewables Now

Qair Brasil, a subsidiary of French independent power producer (IPP) Qair International, on Thursday inaugurated the first phase of the 439-MW Bom Jardim Solar Complex in Brazil’s northeastern state of Ceará. Located in the municipality of Icó, the large-scale renewable energy project required investments of more than BRL 1 billion (USD 200.3m/EUR 169.9m). According to the state government, the complex is expected to generate around 539,000 MWh of clean electricity annually, enough to supply roughly 250,000 households

ABR 17, 2026 - Business Standard

State-run Bharat Petroleum Corporation Ltd (BPCL) on Thursday said its subsidiary arm for oil and exploration projects, Bharat PetroResources Ltd (BPRL), would invest around US$ 2.8 B in a Brazil-based oil and gas project. The project’s operator, Brazil’s state-run Petrobras, has approved the final investment decision (FID), said BPCL in a regulatory filing. The SEAP-I project involves development of oil and gas discoveries in the BM-SEAL-11 concession in Brazil. “The project has the potential to provide access to equity oil, which will help in strengthening the energy security of the country,” said BPCL. IBV Brasil Petróleo Ltda (IBV).

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