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Antitrust Council To Review Petrobras Itaimbezinho Block Farm-In Agreement

Equinor plans to transfer a 50% interest in the Campos Basin pre-salt block to the Brazilian state-controlled company

Prio Starts Production At 4th Wahoo Well

Production stabilized at 10,000 bpd, bringing field output to 40,000 bpd

CVM Suspends Ecopetrol's Acquisition Tender Offer For Brava

Brazil's securities regulator required amendments to the tender offer documents. Ecopetrol said it “respectfully disagrees” and will file an appeal

Petrobras Sells Green Petroleum Coke To Saudi Aramco

For the first time, the Saudi oil company will purchase the petroleum byproduct for use at its refinery in China

Refit Refinery Tax Fraud Investigation Transferred To Federal Court

State court ordered the transfer of tax fraud operation to the federal judiciary, citing evidence of irregular international financial transactions

Antaq To Hold Decommissioning Workshop Online

Event aims to discuss opportunities for Brazil’s port sector related to offshore platform decommissioning and the sustainable recycling of vessels and offshore assets

Antitrust Council Approves Helix Energy & Hornbeck Offshore Merger

Brazil’s Antitrust Council (Cade) concluded that the transaction is unlikely to harm competition in the affected markets.

Petrobras-Pemex Partnership Expected Soon

President Lula and Mexican President Claudia Sheinbaum met via videoconference and discussed energy cooperation between the two countries

Attorney General Backs Constitutional Challenge Against Amazonas Refinery Tax Exemption

Lawsuit questions tax exemption for refining activity in the Manaus Free Trade Zone, benefiting Refinaria do Amazonas (Ream)

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

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

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

Project Launched To Make São Paulo Ethanol Carbon Negative

Initiative brings together universities and the private sector to capture and store CO₂ from ethanol production

Strategic SE/CO Reservoirs Increasing Storage During The Dry Season

The outlook is particularly favorable given forecasts of a strong El Niño event in the second half of the year, bringing limited rainfall and intense heat across most of Brazil, except for the South

Gerdau Buys Copel Stake In Dona Francisca Hydropower Plant

To acquire Copel's and Celesc's interests in the hydropower facility, Gerdau will invest a total enterprise value of US$ 59.5 M

Brazil’s Grid System Handled World Cup Debut Load

The load before, during, and after the match showed typical fluctuations seen in major sporting events

Energy Sector Leads CEO Turnover

O&G and energy corporations listed on the B3 Stock Exchange accounted for the highest number of CEO successions over the past 5 years

Bolivia Interconnection Could Reduce Renewable Generation Curtailment

Brazil’s National Operator (ONS) sees benefits in project included in Transmission Auction No. 4/2026 for exporting renewable energy surpluses from the state of Mato Grosso do Sul to Bolivia

Solfácil Reports Solar Energy Prices Falling

Acre, Rondônia and Amazonas lead the ranking of states with the lowest average cost for residential systems

Trafigura Receives License To Trade Electricity In Brazil

For the global commodities trading company, Brazil is the natural gateway to the Latin American power trading market

ICL Calls For Approval Of Bill Targeting Pipeline-Related Crimes

Legislative proposal seeks to reduce theft, protect critical infrastructure, and prevent disruptions to regional fuel supplies

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

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

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

Most Read

1

Oil & Gas

09 junho 2026

Petrobras Studies Battery Usage In Subsea Applications

Petrobras Studies Battery Usage In Subsea Applications

2

Oil & Gas

10 junho 2026

Petrobras To Join Equinor In Itaimbezinho Block

Petrobras To Join Equinor In Itaimbezinho Block

3

Oil & Gas

11 junho 2026

Petrobras Selects OceanPact For Marlim Decommissioni...

Petrobras Selects OceanPact For Marlim Decommissioning Project

4

Oil & Gas

12 junho 2026

Petrobras-Pemex Partnership Expected Soon

Petrobras-Pemex Partnership Expected Soon

5

Oil & Gas

15 junho 2026

Refit Refinery Tax Fraud Investigation Transferred T...

Refit Refinery Tax Fraud Investigation Transferred To Federal Court

From The Media

JUN 17, 2026 - The Guardian

Brazil’s Supreme Court has sentenced Eduardo Bolsonaro to four years and two months in prison after finding him guilty of courting US ⁠interference in his father’s coup plot trial last year. Brazil’s ‌Prosecutor General had ‌charged Eduardo Bolsonaro – who lives in the US - courting interference from the Trump administration to help his father Jair Bolsonaro’s case by imposing sanctions on the court’s justices and tariffs on Brazilian goods. His father, the former far-right president, is serving 27 years in prison for plotting a coup in 2022 after losing the elections to Luiz Inacio Lula da Silva. The younger Bolsonaro, a former lawmaker, moved to the United States in 2025, months before ‌the trial that convicted his father of plotting a coup. In the US, he has been ​active in building support, especially from the Trump administration, for his father. Eduardo Bolsonaro said in a statement after Tuesday’s conviction that he had not been properly notified about the court’s legal ⁠process.

JUN 17, 2026 - Merco Press

Brazilian President Luiz Lula da Silva on Wednesday (June 17) asked his US counterpart, Donald Trump, not to interfere in Brazil's elections, just as his country does not seek to meddle in the electoral processes of the United States. The demand was a response to remarks Trump had made about Brazil hours earlier. Lula spoke at a press conference in Geneva after taking part as a guest in the G7 summit in France, where Trump had said Brazil is a “politically difficult” country that “plays quite hard” — and said the conviction of former Deputy Eduardo Bolsonaro was “unpleasant”. “They detained someone who is running for election; he was doing well in the polls, and they detained him for making statements in Texas,” Trump said. He confused Eduardo Bolsonaro — who was convicted by Brazil’s Supreme Court on Tuesday (June 16) in Brazil and who is not running for any office— with his brother, Senator Flávio Bolsonaro, who is indeed a candidate in Brazil's October elections. The two brothers met with Trump at the White House last month. Eduardo, moreover, was not detained but convicted in absentia.

JUN 17, 2026 - Reuters

A US$ 300 billion private fund designed to trigger investment into Iran is outlined in the U.S.-Iran framework agreement, ​and more than half that sum has already been committed, a source with direct knowledge of the deal told Reuters. The fund is designed to give both sides an economic ‌incentive to conclude a final deal to end the war. The fund's existence has been previously reported, but Reuters is revealing for the first time that more than half of the amount has already been committed and that it will be comprised entirely of private-sector funds. The new fund is a private investment vehicle, not a reconstruction or reparations program, and will not include any government ⁠money or grants, the source said, adding that companies based in the U.S., the Gulf Arab states, Asia, South America, and Africa have agreed to commit financing.

JUN 17, 2026 - Market Screener

Brent crude has fallen to around US$ 79 a barrel, near its lowest level since the first days of the Iran war, after reports that the U.S. would allow Iran to resume selling oil and fuel once the interim agreement is signed. The deal also appears to include steps to ease blockades around the Strait of Hormuz. If energy flows normalize quickly, inflation pressure could ease. The International Energy Agency has even warned that if the peace deal holds, oil supply could grow far faster than demand.

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