OTC 2026: EnerGeo Alliance Highlights Brazil’s Offshore According to the association’s CEO, Brazil is facing an opportunity to move into a new and significant phase in its offshore exploration trajectory.
Supreme Court Suspends Oil Royalties Distribution Decision Justice Cármen Lúcia voted to strike down the redistribution of oil royalties to non-producing states and municipalities, but a request for further review by Justice Flávio Dino halted proceedings
Bill Proposes Eliminating Fuel Taxes Through July 2027 Measure introduced by Senator Cleitinho Azevedo would reduce PIS/Cofins and Cide tax rates on fuels to zero in an effort to mitigate rising fuel prices.
Staatsolie To Conduct Seismic Survey In Suriname Shallow Waters Survey will cover 52,400 km² and aims to provide insights into subsurface structures and oil and gas potential
DOF Group To Build 4 RSVs For Petrobras Twelve-year contracts are valued at approximately US$ 2 B, construction by Navship in Brazil
ANP Workshop Aims To Boost Brazil’s Oil Exploration Event will discuss ways to accelerate exploration activity and improve the efficiency of the Minimum Exploratory Program (PEM)
Gasmig To Complete Center-West Gas Pipeline This Year Company expects to build the final 35 kilometers of lateral lines in 2026 — US$ 16.90 M investments planned
OTC 2026: PPSA Reschedules 6th Government Oil Auction Auction will be held in August at the B3 Stock Exchange in São Paulo — According to the PPSA, the volume offered may increase
Belov Consortium & Petrobras Sign US$10.8 M Decommissioning Contract Scope includes well abandonment and full removal of jackets at Itaparica field in the Recôncavo Basin
PetroReconcavo Approves Share Buyback Of Up To 1.5 Million Shares Fourth program will run through October 2027, with purchases at market prices and timing defined by management
Ecuador Announces Oil Extraction With Fracking In The Amazon New reserves discovered by state-owned Petroecuador, which will increase production by 900 barrels per day, were made in partnership with Chinese drilling company CCDC
Navvik Begins Operations In Brazil As Offshore Support Provider Company assumes former contracts of Maersk Supply Service Brazil following acquisition by international consortium
PPSA Reports US$ 6 M Net Profit In 2025 Result is 4.5% higher than the previous year – approximately US$ 5.72 M to be distributed as dividends to the federal government
Petrobras Confirms 19.2% Increase In Natural Gas Prices Adjustment follows movements in Brent, Henry Hub and exchange rates; aviation fuel prices also rise 18%
Petrobras Seeks To Add New Rig To FZA-M-59 License & Begins Production From Búzios’ 8th Platform Company requests inclusion of Amaralina Star rig to ensure greater operational flexibility in the region.
MME Minister & Senate Will Work On Critical Minerals Policy Government says new legislation strengthens Brazil’s national sovereignty and positions the country strategically in the global race for critical minerals and rare earths
BNDES Loans Bosch US$ 6 M For Vehicle Ethanol Technology It should adapt heavy-duty vehicle engines to reduce diesel consumption by an average of 35-60% through ethanol use in engines
Isa Installs 460 kV Vegetable Oil Reactor at Bauru Substation Produced by Hitachi Energy, the equipment is the first in Latin America at this voltage level to use the organic compound as insulating fluid
Axia 1Q26 Investments Up 36% The former state-owned utility increased investments by 36% year over year to R$ 1.4 billion (US$ 252.5 million)
OTC 2026: Shell Executive Analyzes Brazil’s Competitiveness According to Shell Pre-Salt assets VP Pablo Tejera Cuesta, Brazil holds a strong position in the global energy market, but competitiveness is not guaranteed
Hydropower Generators Launch Reservoir Operations Guide Guide aims to improve communication between power generators, authorities and local communities for water management associated with hydroelectric operations
Federal Deputy Recommends Suspend Brazil’s Capacity Reserve Auction Deputy Danilo Forte (PP-CE) also requested federal investigations into alleged irregularities involving the 2026 power capacity auction
Engie Brasil Energia To Invest US$1 M In Solar Innovation Projects InovaSolar initiative aims to boost efficiency of photovoltaic plants through technology and sustainability
Abeeólica Pushes To Expand “Amnesty Day” To 18 GW Of Projects Wind industry group says broader measure could ease grid bottlenecks and reduce renewable curtailment
OTC 2026: 1st Day Opening Of Brazil Pavilion Coordinated by Onip, this year’s Brazil Pavilion brings together representatives from different segments of the national industry with institutional support from the ANP and Transpetro
Energy Planning Agency Proposes US$ 265 M Grid Investment To Support Mining In Pará Plan submitted to Mines and Energy Ministry targets transmission and distribution works to meet 602 MW of new demand
MME Issues New Thermoelectric Generation Expansion Rules Measures increase flexibility for the ONS to ensure system reliability and meet peak demand
Axia Sells Gebbras Transmission Stakes For US$ 91 M Deal involves Goiás Transmissão, MGE Transmissão, Transenergia Renovável and Transenergia São Paulo
2035 Expansion Plan Reinforces São Paulo Subtransmission Network's Role New studies expected from August to support data center demand, says Energy Research Company
1 Oil & Gas 04 maio 2026 Petrobras Hits Record Production In 1st Quarter Petrobras Hits Record Production In 1st Quarter
2 Oil & Gas 04 maio 2026 Petrobras Seeks To Add New Rig To FZA-M-59 License &... Petrobras Seeks To Add New Rig To FZA-M-59 License & Begins Production From Búzios’ 8th Platform
3 Oil & Gas 06 maio 2026 Belov Consortium & Petrobras Sign US$10.8 M Decommis... Belov Consortium & Petrobras Sign US$10.8 M Decommissioning Contract
4 Oil & Gas 06 maio 2026 OTC 2026: PPSA Reschedules 6th Government Oil Auction OTC 2026: PPSA Reschedules 6th Government Oil Auction
5 Oil & Gas 07 maio 2026 ANP Workshop Aims To Boost Brazil’s Oil Exploration ANP Workshop Aims To Boost Brazil’s Oil Exploration