PPSA Auction Confirms Pent-Up Natural Gas Demand PPSA CEO Luis Fernando Paroli expects proceeds to exceed R$ 350 million (US$ 69.7 M) and projects daily volumes of 1.8 million cubic meters for the 2027 auction
Karoon Selects TechnipFMC For Neon EPCI Company also confirmed a revised version of the development concept for its Santos Basin asset
PetroReconcavo Proposes Subsidiary Spin-Off Ahead Of Sale To Keo Capital Company plans to transfer SPE Tiêta’s O&G assets to a newly formed entity before selling the subsidiary for R$ 2.6 million (US$ 517,000). The transaction remains subject to regulatory approvals, closing conditions and shareholder approval
Petrobras Supports Gas Release Hearing Postponement The company had already expressed a desire to extend the discussion, although ANP says the postponement was not requested by any “economic agent”
Petro-Victory & Eneva End São João Field Agreement Companies terminate 2024 MoU after fulfilling its binding requirements; Petro-Victory retains full ownership and operatorship of the field
Tsea Invests US$ 9.71 M To Expand Betim Factory State of Minas Gerais facility will add new power transformer manufacturing to its existing refurbishment operations
PPSA: 36 Companies Qualify For Federal Government Natural Gas Auction Auction scheduled for Thursday (Oct. 22) will offer 1.1 million m³/day, targeting energy-intensive industries
Eneva Reports 3Q26 Gas Production Decline Lower volumes were driven by reduced thermal power demand at the Parnaíba complex between 3Q25 and 3Q26
Cambiaso Risso & Korsa Form Brazilian JV New company – CR Korsa Brasil – will serve the Brazilian market while supporting Cambiaso Risso’s expansion across Latin America
Petrobras Seeks Solution To Remove Hydrates From Flowlines Project aims to reuse decommissioned risers for hydrate dissociation without drilling rigs, using PLSV or MPSV vessels supplied by the state-controlled oil company
Abespetro Assesses Effects Of Ending 6-Day Work Week On O&G Production Chain According to the association, which represents petroleum sector companies employing around 70,000 people, the change in working hours puts overtime calculations, special work arrangements and potential impacts on offshore operations in the spotlight
Brazilian Government’s August Oil Production Share Reached 313,000 Barrels Per Day Government’s share of natural gas production reached 627,000 m³/day, according to the monthly production bulletin released by the PPSA
bp Finds Signs Of Hydrocarbons In Tupinambá Block Company drilled well 1-BP-14-SPS in September; the block is located near Bumerangue
Brava Finds Hydrocarbons In Potiguar Basin Well Company’s next steps for well 3-SAN-6D-RN involve detailed technical studies to assess its potential
ANP Renews MTX Authorization To Import Natural Gas From Argentina & Bolivia Matrix Energia subsidiary is authorized to import up to 10 million cubic meters per day, with pipeline delivery points in Brazil’s Center-West and Southern regions and the ability to serve markets nationwide
TCU Sets Angra 3 Nuclear Plant Decision Deadline Mines and Energy Ministry must submit updated studies to the National Energy Policy Council within 120 days. The council will then have another 120 days after receiving the documents to decide whether construction should resume or be abandoned
IRB(Seg) Targets Power Sector As It Enters Insurance Market Insurer starts with large risks & sees the power sector as an area for product development.
Raízen Plans US$ 697 M Capital Increase Biofuels producer and fuel distributor proposes issuing shares at R$ 0.25 (US$ 0.0498) each, with preemptive subscription rights for existing shareholders, as part of its court-approved out-of-court restructuring plan
Green Hydrogen Auction Will Not Be Held In January The sector will wait for the outcome of the October 25th presidential election runoff before a new decision is made on whether the auction will proceed
Aneel Proposes Electricity Tariff Adjustments Under Tax Reform Public consultation addresses PIS/Cofins tax credits, distributors’ ancillary revenues, and a dedicated revenue adjustment for transmission companies
Corn Dominates New Ethanol Plants Expansion Plans Corn-based projects account for 89.9% of planned anhydrous ethanol production capacity and 86.2% of planned hydrous ethanol production capacity at new plants seeking ANP authorization
Amazon Deforestation Decline Avoids Emissions Equivalent To France’s Total Estimate by ClimaInfo researcher Shigueo Watanabe Jr. is equivalent to France’s total emissions between 2023 and 2025
Auren Launches 1.95 Million Shares Buyback Program Purchases will be made on Brazil’s B3 Stock Exchange through December 31, 2026, to meet the company’s long-term incentive plan obligations
EDP Secures US$ 301 M IFC Clean Energy Financing Funding will support renewable power generation in Mexico and upgrades to EDP’s Espírito Santo State electricity distribution network
Wärtsilä Expands Contracts For 7 Natural Gas-Fired Power Plants Agreements with Origem Energia now include engineering, procurement and construction (EPC) services for gas-fired plants in the state of Alagoas, with commercial operations scheduled to begin in 2028
October National Electricity Demand Could Rise 4.9% Higher temperatures across Brazil are driving increased electricity demand, according to the ONS
Government Sets LRCAP Auction Domestic Battery Requirements Resolution requires Development Bank certification of Brazilian-made battery storage systems for the first auction stage; Battery Storage Association supports the measure and urges the government to maintain the schedule
Brazilian Army Contracts Cemig To Supply Electricity Contracts cover 10 states and include contract management and support for migration to the free energy market
Hydropower Plants Open Spillways As River Flows Rise Cemig will open the Três Marias gates on Friday, while Copel’s hydropower plants continue operating with high water releases in Paraná
Rare Earth Film Boosts Solar Generation By 12% In Tests Anexo Energia’s technology received US$ 766,210 in funding from Finep
1 Oil & Gas 16 outubro 2026 Brava Finds Hydrocarbons In Potiguar Basin Well Brava Finds Hydrocarbons In Potiguar Basin Well
2 Oil & Gas 16 outubro 2026 bp Finds Signs Of Hydrocarbons In Tupinambá Block bp Finds Signs Of Hydrocarbons In Tupinambá Block
3 Power 19 outubro 2026 October National Electricity Demand Could Rise 4.9% October National Electricity Demand Could Rise 4.9%
4 Oil & Gas 19 outubro 2026 Petrobras Seeks Solution To Remove Hydrates From Flo... Petrobras Seeks Solution To Remove Hydrates From Flowlines
5 Power 20 outubro 2026 Amazon Deforestation Decline Avoids Emissions Equiva... Amazon Deforestation Decline Avoids Emissions Equivalent To France’s Total