Milei To Sanction Companies To Halt Falklands’s Sea Lion Project Argentina’s president announced in a nationally televised address that the oil exploration project in the archipelago is illegal and poses a new threat to his country’s national claim in its dispute with the United Kingdom over sovereignty of the islands
ANP Approves 24 New Blocks In Potiguar Basin For Permanent Offer Among the areas is block POT-T-551 in Tabuleiro do Norte (state of Ceará), where a fluid occurrence recently confirmed as oil by the agency was reported after a farmer drilling a well in search of water encountered it
Ibama Authorizes 3 More Equatorial Margin Wells Petrobras received environmental approval to drill contingency wells in the Foz do Amazonas Basin – now the company can assess the block’s technical and economic viability
Senate Committee Approves Harsher Fuel Theft Penalties Bill broadens liability across the illegal-products chain and heads to the Senate floor under an expedited procedure
P-84, Fully Electric, Will Cut Emissions By Nearly 30% In China, Petrobras CEO Magda Chambriard says the unit under construction for the Atapu field in the Santos Basin pre-salt incorporates lessons learned from the construction of the P-80, P-82 and P-83 platforms
Petrobras & PetroChina Win Búzios Field Cargoes In the continuation of the 8th Spot Auction conducted by PPSA, Petrobras won a 500,000-barrel crude oil cargo scheduled for loading from late September to early October, while PetroChina won a 500,000-barrel cargo scheduled for late October
Shell Acquires 50% Stake In Tupinambá Exploration Block From bp Block is located in the Santos Basin pre-salt, near the Bumerangue block, where bp announced its largest oil and gas discovery in 25 years last year
Brazil’s July O&G Production Reaches 5.85 Million Boe/d The country produced 4.498 million bbl/d of oil during the month, up 0.5% from June and 13.6% year over year; natural gas production totaled 214.97 million m³/d, down 1.1% from June but up 12.6% from July 2025
Eneva & Diamante To Swap Equity Stakes Under the agreement, Eneva will transfer 100% of Itaqui Geração de Energia S.A. to Diamante and receive a 50% stake in PPTM
Senate Environment Committee: 20% Of Federal O&G Revenue For Northern Region Bill by the Environment Committee would fund Amazon conservation, logistics integration, sustainable resource use and social justice, as well as public health and education services for regional communities
Court Declares Bankruptcy Of Refit & 3 Other Companies In Its Group Ruling grants the Rio de Janeiro state government’s request to convert the group’s judicial reorganization into bankruptcy proceedings amid allegations of tax evasion and tax fraud
IBP To Appeal Ruling Reinstating Crude Oil Export Tax Institute is expected to file an appeal to preserve injunction suspending the tax, which was overturned by a federal appeals court
Eneva Completes Pecém II Thermal Plant Sale For US$ 145 M Transaction with Diamante had an enterprise value of R$ 839.2 million (US$ 162.3 M) and includes a contingent payment of up to R$ 149 million (US$ 28.8 M)
August Fuel Prices Fall For 3rd Consecutive Month ValeCard survey shows further declines in national averages
Petrobras Contracts Strohm For Subsea Pipelines Contract with Dutch company covers 6 km of composite pipelines to be used for water injection or gas lift in subsea wells at depths of up to 1,500 meters
Dry Season Critical Phase Prompts ONS To Reschedule Large Number Of Maintenance Projects With El Niño driving higher temperatures across most of the country, the system operator opted for a cautious approach to authorizing maintenance work
Enel SP Requests Dismissal Of Distribution Concession Forfeiture Termination Proceedings In final submissions, distributor challenges Aneel’s criteria, cites improved performance indicators and questions effects of a potential concession replacement
ONS Forecasts Inflows Above Long-Term Average In 2 Subsystems The South and Southeast/Central-West subsystems could record 253% and 114% of their respective long-term averages
Energy Institute Points To Gaps In Critical Minerals Policy E+ Institute supports approval of Bill 2.780 but calls for criteria to prioritize value-added activities and technological development
Mines & Energy Minister: Decision On Angra 3’s Future To Come This Year The ministry also backs including natural gas in Redata
Research Insitute Establishes Rare Earths And Energy Transition Centers Energy and Nuclear Research Institute program opens the institute’s infrastructure to partnerships aimed at developing technologies in strategic areas
Aneel Opens Consultation On 2027 Electricity Market Rules Electric Energy Regulator to accept comments from September 3 through October 2
Wind & Solar Curtailment Rises In August According to a report released by BTG Pactual, the states of Rio Grande do Sul and Rio Grande do Norte led wind curtailment, while the states of Bahia and São Paulo posted the highest solar curtailment rates
Enel Takes Data Center Dispute To Electricity Regulator Distributor flags overload in 2031, beyond the system operator’s analysis, and asks agency to define connection terms
Ourolux Bets On BESS, Targets Double-Digit Growth Company has more than 30 systems in operation and expects to sell about 100 energy storage systems this year
AmCham: Critical Minerals Could Add US$ 37 B To Brazil’s GDP Study finds that foreign capital participation in developing the critical minerals and rare earths value chain would generate greater economic value
UCB Power & Jinko ESS Target Local Content For BESS Auction Agreement between the companies seeks to expand opportunities for compliance with Brazil’s local-content requirements
Electricity Tariff Flag To Remain Yellow In September Less favorable power generation conditions will maintain an additional charge of R$ 1.885 (US$ 0.36) per 100 kWh consumed on electricity bills
Audit Court Approves 6 Power Distributors Concession Renewals In a plenary session, TCU ministers determined that the concession-extension processes complied with applicable legislation
Brazil’s 2026 Fuel Consumption Forecasted To Increase 2.2% According to the EPE’s “Short-Term Outlook for the Brazilian Fuel Market, demand is expected to reach 166.8 billion liters this year
1 Oil & Gas 31 agosto 2026 J&F Group Gets Terminal Gás Sul Lease Antitrust Clea... J&F Group Gets Terminal Gás Sul Lease Antitrust Clearance
2 Oil & Gas 31 agosto 2026 Petronas Reports 3.84% Net Profit Increase In First ... Petronas Reports 3.84% Net Profit Increase In First Half 2026
3 Oil & Gas 31 agosto 2026 Petrobras Contracts Strohm For Subsea Pipelines Petrobras Contracts Strohm For Subsea Pipelines
4 Oil & Gas 01 setembro 2026 Eneva Completes Pecém II Thermal Plant Sale For US$ ... Eneva Completes Pecém II Thermal Plant Sale For US$ 145 M
5 Power 01 setembro 2026 AmCham: Critical Minerals Could Add US$ 37 B To Braz... AmCham: Critical Minerals Could Add US$ 37 B To Brazil’s GDP