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Ineep Issues Equatorial Margin Exploration Recommendations

Study assesses geopolitical and environmental risks and calls for safeguards to ensure regional benefits while addressing conservation and energy-transition concerns.

ExxonMobil To Exit 4 Pre-Salt Blocks In Campos & Santos Basins

Company has concluded activities in C-M-753 (Campos), S-M-536, S-M-647 and Titã (Santos) and returned them voluntarily

Petrobras Strike Spreads To Additional Operational Units

According to the FUP, the strike drew participation from eight refineries, 24 offshore platforms, 10 Transpetro units, four thermoelectric plants, two biodiesel plants, as well as onshore fields in Bahia, the Cabiúnas Gas Processing Unit (UTGCAB), and the Paulínia Compression Station (TBG)

BW Energy Changes Maromba Rig Contract

The new deal with Minsheng Financial Leasing (MSFL) converts the short-term agreement to a long-term one

Petrobras Maintains Production Despite Nationwide Strike

Workers stage protests across Brazil, but company says fuel supplies remain secure

Braskem: Novonor Strikes Deal With IG4 To Sell Stake

Private-equity fund will assume Novonor debt and gain exclusivity to sell most of the holding; former Odebrecht group to retain 4% interest

ANP Approves TotalEnergies Exit From Gato Do Mato Project

French company trades 20% stake for additional 3% in Lapa field; MME approval pending

ANP Holds Permanent Offer Concession Seminar

Event detailed the rules, potential, technical data and environmental guidelines for the areas available in the call for bids

Macapá Mayor Signs O&G Development Law

The “Petro Macapá” Law follows a Technical Cooperation agreement with the municipality of Macaé (state of Rio de Janeiro), initiated in June this year, aimed at exchanging experiences and building public policy to support the development of the oil industry in the Amapá state capital

TBG Launches Extraordinary Gas-Transport Contract Offering

Interested companies have until Monday Dec. 15 to complete registration, undergo qualification procedures and finalize the Master stage of the process

Justice Court Holds Fracking Public Hearing

Government ministries and O&G agencies defend the technique, while environmental groups and prosecutors challenge it

TGS To Conduct 4D Survey In The Campos Basin

Campaign is expected to take place in the second half of 2026 and last approximately 75 days

Firjan Pushes For Natural Gas To Be Included In Redata Incentives

The State of Rio de Janeiro Industry Federation says natural gas is essential to ensuring reliable power generation when renewables aren’t sufficient

Oil Workers Announce Nationwide Strike For Monday Dec. 15

The National Federation of Oil Workers rejected Petrobras’ proposal for the 2025-2026 collective bargaining agreement

Petrobras Revises 3Q25 Dividend Distribution Structure

The first installment will be paid entirely in the form of interest on equity, while the second will be split between JCP and cash dividends

Aneel Begins Process That Could Lead To Revocation Of Enel SP Concession

Electricity regulator says it will evaluate recurrence of company’s failures to restore service in the Dec. 10 outage in conjunction with Arsesp

Casa Dos Ventos Signs US$ 907 M Vestas Contract

The contract provides for the supply of 184 turbines for the Dom Inocêncio wind complex, which will have 828 MW of capacity

São Paulo Lawmakers Seek Federal Intervention In Enel

Letter to Chamber of Deputies President Hugo Motta draws support from 24 lawmakers from multiple political parties

Petrobras Buys 49.99% Stake In bp’s Brazilian Solar Energy Business

Joint venture with Lightsource bp aims to expand renewable portfolio and scale solar generation

Aneel Mandates Stronger Storm Contingency Plans in SP and RJ

Given the expectation of severe weather events, the measure seeks to reduce impacts and ensure a secure supply

Bradesco & Neoenergia Complete 1st Green Debenture Issuance

US$ 184 M green bond deal under Eco Invest program split between Neoenergia Coelba and Elektro

Solar Energy Is 7 Times Cheaper In Brazil Than In The USA

Survey conducted by Solfácil shows that, in practice, Brazilian consumers pay 13% of the price charged in the American market

Abraceel To Adopt Self-Regulation In 2026

To strengthen market security, the Brazilian electricity trading association will begin monitoring member behavior and risk indicators

Enel Could Lose São Paulo Power Concession Over Service Failures

Brazil’s energy minister says repeated violations following storm-related blackout could trigger sanctions, including revocation of the utility’s license

Cemig Announces US$ 8 B Investment Plan

State of Minas Gerais Utility sets aside roughly R$ 6.7 billion (US$ 1.2 B) for 2026 as it positions for energy transition and system modernization

Rio De Janeiro State Assembly Approves Policy For Offshore Energy Transition

Bill 4,255/24, which establishes the State Policy to Support the Offshore Energy Transition and Marine Spatial Planning, will support national planning for the use of offshore areas for energy purposes

CPFL Energia Seeks Partners For R&D And Innovation Projects

Startups, universities and research institutions can submit proposals through Feb. 27

Brazil’s Supreme Court Ratifies Axia-Government Agreement

Government gains guaranteed seats on board and audit committee of the former Eletrobras state utility

Eve Air Mobility: BNDES Approves US$ 37.04 M For Flying Car Project

With resources from the Climate Fund, the company will work on the integration phase of the electric motor and on testing the certification prototype of the eVTOL

Celesc & Copel Still Reporting Outages After Cyclone

Two utilities are keeping crews in the field as they work to restore power to nearly 70,000 affected customer accounts. Meanwhile, Enel São Paulo restored power to 1.2 M customers

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From The Media

DEZ 17, 2025 - Oilprice.com

The global oil market looks well-supplied at the end of the year, with output sufficient to absorb a supply disruption in Venezuela, the world’s biggest crude resource holder. The escalating U.S.-Venezuela tensions in recent weeks, a tanker seizure, and further U.S. sanctions squeezes Nicolas Maduro and his allies, including companies operating tankers, have cut Venezuela’s production to a seven-month low. The International Energy Agency (IEA) estimated Venezuela’s oil supply at 860,000 barrels per day (bpd) in November, down from 1.01 million bpd in October and a similarly above 1-million-bpd level in September, when Venezuelan crude oil output hit its highest since February 2019.

DEZ 17, 2025 - BBC

US President Donald Trump said that he is ordering a "total and complete" blockade of all sanctioned oil tankers entering and leaving Venezuela. In a post on his social media account, Truth Social, he stated that the Venezuelan government of Nicolás Maduro has been classified as a foreign terrorist organization. The American said that Venezuela had already stolen goods from the US, in addition to accusing the Maduro regime of "terrorism, drug trafficking and human trafficking". "Therefore, today, I am ordering a total and complete blockade of all sanctioned oil tankers entering and leaving Venezuela," he added.

DEZ 17, 2025 - Biofuels Digest

In Brazil, leading specialty chemicals company Nouryon has broken ground on a new customer experience and innovation center in Brazil for its home and personal care business. The Itupeva facility will help Nouryon work with customers to formulate more effective and sustainable cleaning and personal care products, including fully biobased chelates for cleaning applications and biopolymer-based personal care products. “By combining our global expertise with local customer insights, we are creating an environment where innovation can thrive and more sustainable solutions for home and personal care can be developed faster and more collaboratively,” said Larry Ryan, Nouryon President.

DEZ 17, 2025 - Merco Press

São Paulo is facing a historic hydrological crisis as 3 consecutive years of drought have pushed critical reservoirs to near-depletion. With the Jaguari-Jacareí dam —the primary source for 9 million residents— dropping below 18% capacity, authorities have escalated contingency measures to prevent a total system failure. Greater São Paulo, home to nearly 22 million people, is grappling with the cumulative effects of a rainfall deficit that has reached its lowest point in ten years. In response, the São Paulo State government and the utility provider, Sabesp, implemented a rigorous contingency plan in October, with pressure in pipes lowered for up to 16 hours a day, coupled with rotating supply prepared as a final resort should dam levels reach zero. In this scenario, the regulatory bodies São Paulo State Public Utilities Regulatory Agency (Arsesp) and SP Águas have frozen all restriction-lifting protocols until formal recovery is verified.

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