Petrobras Supports Controversial LPG Auction Sale drew more than 100% premiums and sharp criticism from President Lula
ANP: 23 Blocks In Permanent Production Sharing Offer (OPP) With the publication, 23 exploratory blocks in the pre-salt polygon become eligible to receive expressions of interest from registered bidders, enabling the launch of the 4th OPP Cycle
Prio Brings 3rd Producing Well Online At Wahoo Field Well output stabilized at 10,000 bpd; fourth well expected by end-April
Seadrill-Petrobras Extend West Polaris Contract The additional term is expected to add approximately US$ 480 million to the company’s contract backlog
ANP Sets 5-Day Reference Pricing Public Consultation The objective is to allow market participants and other stakeholders submit contributions, to be assessed by the ANP to determine whether adjustments to the regulation are necessary
Petrobras: US$ 600 M From Tupi Reservoir Redetermination The company paid approximately R$ 600 million (US$ 120 M) to the federal government, represented by PPSA. The financial settlements are related to the first redetermination of the Shared Tupi Reservoir, approved in December 2025
Vast Completes First ExxonMobil Oil Transshipment In Brazil Operation moved 1 million barrels from Bacalhau field to export markets
February O&G Output Hits New Record Total production reached 5.304 million boed, with separate oil and gas records
Petrobras Targets Diesel Self-sufficiency 2027–2031 Business Plan is expected to include new investments to meet 100% of domestic fuel demand
Government Sets GHG Reduction Target In Gas Market Via Biomethane Resolution approved establishes a 0.5% emissions reduction target for producers and importers through biomethane use
Petrobras To Revise Foz Do Amazonas Wildlife Plan Brazil’s Environmental Regulator outlined improvement points after a simulation of the Oiled Wildlife Protection and Response Plan (PPAF) conducted in December 2025
Antitrust Authority Approves Eneva’s Acquisition Of Atem’s Stake In Japiim The marginal accumulation area is located in the Amazonas Basin and was acquired by a consortium formed by Eneva and Atem Participações
Sistac-Petrobras Extend Offshore Maintenance Contract The contract amendment for the Sistac Vitória provides for an additional year of services on platforms in the Santos, Campos, and Espírito Santo basins
Belov Group Signs US$ 514.29 M In Petrobras Contracts Deals cover four SDSV vessels for shallow diving and ROV support operations
QatarEnergy, Chevron Acquire Shell Offshore Assets In Uruguay Deal brings new partners into offshore blocks while Shell remains operator
MME Approves Concession Renewals For 14 Power Distribution Companies Enel distributors were excluded from the list, although Enel CE and Enel RJ have already received the Electric Energy Regulator’s (Aneel) recommendation for concession renewal
Government Package To Curb Fuel Price Increases Measures include new subsidies, temporary tax breaks and tougher enforcement against abusive practices
Reversible Hydropower: Expert Sees Potential For Simplified Auction In 2027 Solution to accelerate Brazil’s first pumped-storage plants could involve turbine replacement at hydropower plants with nearby downstream reservoirs
Aneel Recommends Enel São Paulo Concession Termination The utility is notified to present its formal defense to the Electric Energy Regulator
BNDES Approves US$ 47.65 M For Biomethane Plant In Goiás Facility to produce about 67,000 Nm³ per day at bp bioenergy site
Instituto Totum Becomes First Biomethane Certifier Accreditation by ANP paves the way for origin-certified biomethane market
Siemens Brazil, Cocal & GIZ Sign Cooperation Agreement The partnership will assess the technical and economic pre-feasibility of integrating ethanol, green hydrogen, e-methanol, and sustainable aviation fuel (SAF) production
Hydropower Plants Seek Flexibility Compensation The Brazilian Hydroelectric Power Generators Association (Abrage) argues that start-ups and shutdowns have increased by 62%, raising costs and equipment wear
Eletronuclear Posts R$ 142 Million Loss In 2025 Company cites Angra 1 life-extension and strong Angra 2 performance
Neoenergia Invests US$ 1.93 B In 2025 Most funds directed to distribution network expansion and modernization
Aneel Rejects Âmbar Appeals Electricity Regulator sees errors by the company and a multibillion risk to consumers, recommending rejection of claims in the LRCap
Generators Applaud CNPE Hydropower Sector Storage Repositioning National Energy Policy Council (CNPE) measures approved Wednesday (April 1) establish guidelines for the contracting of pumped-storage hydropower plants and determine that the EPE resume studies for hydroelectric projects with reservoirs
ANP Sets Subsidy Program Diesel Reference Prices They were set by region to mitigate increases caused by the Middle East war
South’s Minimal Rainfall Delays Maintenance Scheduling ONS opted to postpone longer outages at plants in the region, especially those involving large generating units
Light Detects More Than 4,000 Illegal Connections In March 20 people arrested and 5,712 GWh of electricity recovered
1 Oil & Gas 01 abril 2026 Petrobras To Revise Foz Do Amazonas Wildlife Plan Petrobras To Revise Foz Do Amazonas Wildlife Plan
2 Oil & Gas 01 abril 2026 Petrobras Targets Diesel Self-sufficiency Petrobras Targets Diesel Self-sufficiency
4 Oil & Gas 01 abril 2026 Vast Completes First ExxonMobil Oil Transshipment In... Vast Completes First ExxonMobil Oil Transshipment In Brazil
5 Power 02 abril 2026 Eletronuclear Posts R$ 142 Million Loss In 2025 Eletronuclear Posts R$ 142 Million Loss In 2025