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Ivory Coast Authorizes 8 Exploration Blocks For Petrobras

According to the African country’s petroleum and mines ministry, production-sharing agreements will be signed for 8 offshore blocks located in the country’s sedimentary basin, most of them in deepwater areas

Petrobras Selects OceanPact For Marlim Decommissioning Project

US$ 80.5 M contract covers pull-out operations & recovery of flexible lines and umbilicals from the P-18 platform, including subsea operations, cutting, disconnections, and interventions using MPSVs, ROVs, and heavy-lift cranes

B3 Suspends Brava’s Ecopetrol Tender Offer Deadline

The 15-day period will remain suspended until the Brazilian company publishes an amendment to the tender offer notice

ICL Questions Manaus Refinery’s FTZ Tax Advantage

Fuel market association argues incentives may create competitive imbalance, loss of tax revenue, and market concentration

Alvopetro Finds 47.7 m Of Net Pay In Murucututu

7th well in the field was drilled in April this year. The company also found 21.9 m of net pay in a different sequence of the Maracangalha Formation, which is not yet included in reserve or resource estimates

Petrobras To Join Equinor In Itaimbezinho Block

State-owned company says partnership maximizes synergies in the Campos Basin, where it already develops adjacent assets in consortium with Equinor

Pampa Energía Selects Halliburton To Digitalize Vaca Muerta

Initiative aims to build a scalable digital foundation to support the company’s expansion in Argentina

Wärtsilä Engines To Support Transpetro’s Decarbonization

Equipment will be capable of operating on biofuels and prepared for future conversion to ethanol and methanol

Petrobras Studies Battery Usage In Subsea Applications

Company is also seeking to develop an integrated system for continuous monitoring and sensing of subsea wells. The opportunities are part of the “Connections for Innovation” program

Petrobras To Submit Another SEAP Bid

The company will contract the project, construction, operation, and decommissioning of a yard where pipes for the onshore section of the gas pipeline that will transport production will be stored

BNDES To Invest US$ 967 M In O&G Vessels In 2026

Funds destined for financing new vessel construction, dry-docking, shipyard modernization, and decommissioning are expected to match the amount disbursed by the bank last year

CNOOC & PetroChina Acquire Cargoes In PPSA's 6th Spot Auction

CNOOC and PetroChina acquired cargoes of 900,000 barrels of crude oil from the Atapu field and 1 million barrels of crude oil from the Bacalhau field, respectively

Petrobras: Environmental Green Light To Use New Drilling Rig In Equatorial Margin Block

Brazil’s Environmental Regulator (Ibama) also requested that Petrobras submit an updated drilling schedule for the Morpho well

Equity Fund Takes Control Of Braskem – Seeks Court Restructuring

Private equity firm IG4 has completed the acquisition of shares held by controlling shareholder Novonor (formerly Odebrecht) to prepare judicial restructuring plan for US$ 9.25 B debt load

Petrobras To Decommission 19 Units By 2030

Company’s goal is to accelerate many projects since maintaining non-producing units comes at a cost

CPFL Energia Sets Special Operation For World Cup Matches

Company has reinforced teams, suspended scheduled outages, and will monitor electricity consumption in real time during Brazil’s matches

Carrefour & GreenYellow Brasil Ink Solar Deal

The project will supply more than 30% of the retailer’s electricity consumption through approximately 38 MWp distributed across 54 solar generation systems

ISA Energia Inaugurates Brazil’s 1st SSSC System

Aneel-approved solution will enable better management of power flows and reduce grid congestion

32% Ethanol Blend In Gasoline Proposal For CNPE

According to Mines and Energy Minister Alexandre Silveira, the measure could reduce gasoline imports by approximately 454 million liters

Brasília Federal Court Overturns Injunction Against LRCAP

The Federal Court of Brasília had already upheld the auction in a previous ruling and found no new facts compared to the earlier decision

Cemig Allocates US$ 9.7 M To Rural Solar Projects

Initiative offers a minimum 60% subsidy for the acquisition of photovoltaic systems and battery energy storage systems on rural properties

Equatorial Turns Electricity Bills Into Information Channel

Initiative uses the back of energy bills to promote health, citizenship, and well-being campaigns to more than 14 million customers

Proper Price Signaling Can Solve Power System Imbalance

Independent Electricity Producers Association president says supply and demand control in the electricity sector should be handled through tariff signals & argues Brazil is behind other countries

Electricity Distributors Invested US$ 7.92 B In 2025

Information is included in the PDD 2026 released by Aneel – US$ 49.89 B in investments forecasted over the next 5 years

Energy Groups Urge CMSE To Reduce Thermal Generation Dispatch

Joint statement calls for changes at the committee's upcoming meeting to reduce thermal generation dispatch and estimates potential savings of US$ 580 M

Clark Solutions Secures US$ 2 M Finep Green Hydrogen Technology Funding

Funding will support the development of a Brazilian-made alkaline electrolyzer; plans to scale technology to +1 MW by end 2026

Reservoir Storage Forecast Above 65% Across Brazilian Subsystems

Northern region is expected to end June with reservoirs virtually full at 99.9%, while cold fronts help sustain hydropower storage levels, ONS says

CMU Energia To Invest US$ 14 M In EV Charging Network

Company aims to install 100 charging stations within 18 months, but grid connection delays of up to one year remain a major challenge, CEO Walter Fróes says.

Petrobras: US$ 4.5 M For Used Cooking Oil Collection & Recycling

Public call will fund four projects in Bahia and São Paulo aimed at expanding collection networks, supporting waste-picker cooperatives, and supplying feedstock for renewable fuels

Axia Invests US$ 697 M In Southern Brazil Projects

There will be 44 transmission projects in the systems of the Paraná, Santa Catarina, and Rio Grande do Sul states, in addition to the modernization of Itaipu’s evacuation system

Most Read

1

Oil & Gas

08 junho 2026

Petrobras: Environmental Green Light To Use New Dril...

Petrobras: Environmental Green Light To Use New Drilling Rig In Equatorial Margin Block

2

Oil & Gas

08 junho 2026

CNOOC & PetroChina Acquire Cargoes In PPSA's 6th Spo...

CNOOC & PetroChina Acquire Cargoes In PPSA's 6th Spot Auction

3

Oil & Gas

09 junho 2026

Petrobras Studies Battery Usage In Subsea Applications

Petrobras Studies Battery Usage In Subsea Applications

4

Oil & Gas

10 junho 2026

Petrobras To Join Equinor In Itaimbezinho Block

Petrobras To Join Equinor In Itaimbezinho Block

5

Oil & Gas

11 junho 2026

Petrobras Selects OceanPact For Marlim Decommissioni...

Petrobras Selects OceanPact For Marlim Decommissioning Project

From The Media

JUN 11, 2026 - Reuters

Saudi Arabia and other Gulf producers will cheer the eventual reopening of the Strait of Hormuz, but the ensuing flood of oil risks eroding OPEC’s already fragile grip on the market. The Iran war and the closure of the vital waterway have sharply diminished output from OPEC and moved the industry’s center of gravity away from the Middle East. It remains far from clear when the strait will reopen or what conditions will look like when it does. While U.S. President Donald Trump insists that traffic through the waterway should return to its pre-war norm, Iran is determined to retain some measure of control, suggesting any recovery will be cautious, contested, and bumpy. Yet amid the uncertainty, one outcome looks almost inevitable: Saudi Arabia, Bahrain, the United Arab Emirates, Qatar, Kuwait, Iraq, and Iran will all seek to maximize oil exports to plug the ​vast fiscal holes created by the conflict.

JUN 11, 2026 - Offshore-energy.biz

Petrobras has initiated a revenue stream with the first oil offloading from its eighth floating production, storage and offloading (FPSO) unit, which is working at a field in the Santos Basin off the coast of Brazil. Following its departure from Hanwha Ocean’s South Korean shipyard in Geoje in November 2025, the FPSO P-79 reached the pre-salt Santos Basin in February 2026, when it was towed to its location at Petrobras’ Búzios field, where it produced first oil on May 1 and completed its first offloading on May 30, 2026. The completion of the FPSO’s first oil offloading is described by Hanwha Ocean as a milestone that demonstrates the firm’s successful construction of a high-quality FPSO, for which the company carried out the engineering, procurement, and construction (EPC) of the hull and topside segments.

JUN 11, 2026 - Brazil Energy Insight

SLB has signed a long-term framework agreement with Venezuela’s state oil company PDVSA to support the modernization and development of the country’s O&G sector. The memorandum of understanding establishes a framework for cooperation across exploration, field development, production, digital enablement, and workforce training and development. The companies said the collaboration is intended to strengthen operational execution and support the sustainable development of Venezuela’s hydrocarbon resources. A key element of the agreement focuses on the digital transformation of Venezuela’s O&G sector. SLB and PDVSA plan to assess how connected data, predictive models, and artificial intelligence-enabled workflows can improve efficiency, accelerate decision-making, and strengthen operational performance.

JUN 11, 2026 - Argus Media

The US wants to work in "warp speed" to secure Brazil's rare earths and other critical minerals, a panelist familiar with White House operations said in Brasilia Tuesday (June 9). The US is "shovel ready" to deepen its partnership with Brazil, especially regarding rare earth elements, said Eurasia Group Managing Director for the Americas Christopher Garman during a critical minerals seminar held by Brazil's mining institute Ibram. The White House had — according to the panelist — identified Brazil and Malaysia as possible partners on rare earths because their reserves are mostly found in ionic clay, which is easier to process than other deposits. The US selected Brazil, Garman said, as shown by actions including the US$ 2.8 billion acquisition of Brazilian heavy rare earth producer Serra Verde, which followed US$ 560 million financing for Serra Verde and for soon-to-be producer Aclara Resources.

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