Equinor Considers Tie-back Between Itaimbezinho & Raia Project This is one of the possibilities under consideration, given that Equinor wants to use the knowledge gained from developing the Raia project to then outline an exploration plan for Itaimbezinho, according to Fabricio Aquino, the company’s Director of Business Development
Eneva 4Q25: 0.7 Billion M³ Natural Gas The company’s production at the Parnaíba Complex and in the Amazon Basin increased compared with 4Q24
Petrobras Produced 2.4 M bpd Of Oil In 2025 The result represents an 11% increase compared with 2024 production, according to data from the state-owned company. Total oil and natural gas production reached 2.99 million bpd, also representing an 11% rise year over year
Equinor Wins 1st Government Bacalhau Field Oil Auction The company won the first tranche of the 5th Federal Government Spot Auction held by PPSA. The second phase of the auction will take place on March 11
Petrobras-Odfjell Sign Renewable Bunker Fuel Deal The contract provides for the delivery of up to 12,000 tonnes over the course of this year. Bunkering will be carried out by dedicated barges from the Rio Grande Terminal (Terig), located in the state of Rio Grande do Sul
Transpetro’s Pipelines Thefts Increase In São Paulo Company recorded a 29% annual rise in thefts and attempted thefts involving pipelines located in the state
Tradener Signs New Supply Contract With YPFB The agreement covers natural gas volumes intended to serve both the regulated market and the deregulated market
Independent O&G Producers Support Royalty Reduction For Mature Fields The Brazilian Association of Independent Oil and Gas Producers (Aboip) highlights this incentive as one of the main topics of the 2026 Regulatory Agenda as a way to extend the asset’s useful life, increase the recovery factor, and ensure economically viable production
Petrobras Adds Renewable Diesel Content For SUVs & Nautical Use Podium Diesel and Verana Diesel, produced at the RPBC refinery in Cubatão (state of São Paulo), are added to the company’s more sustainable product portfolio, with 5% renewable content and an approximate 3% reduction in GHG emissions
2050 National Mining Plan Public Consultation Opens Deadline for submissions is February 8. Separately, in Saudi Arabia, MME Minister Alexandre Silveira sought support from the kingdom’s Public Investment Fund for projects aimed at mapping Brazil’s mineral potential
Israeli Navitas Expands Falkland Islands Oil Exploration The company acquired from Canadian oil firm JHI a 65% stake in license PL001, an area adjacent to the Sea Lion field, which is being developed off the archipelago’s coast in partnership with Britain’s Rockhopper
TGS Develops App For Pelotas Basin Operations “Notice to Mariners” tool enables real-time monitoring of vessels involved in seismic surveys being conducted by the company in the Pelotas Basin. The initiative aims to prevent incidents in an area of intense maritime traffic and fishing activity
BEHIND THE NEWS: Brazil’s Oil Sector Vs. Venezuela’s Trump’s call for U.S. firms to rebuild Venezuela highlights why Brazil’s institutional, operational and market advantages are decisive
ANP Gives Petrobras 1 Month To Remedy FPSO Non-compliances Brazil’s O&G Regulator (ANP) has notified the state-owned company to address five requirements of the Operational Safety Management System of the FPSO Maria Quitéria, located in the Jubarte field
Amapá: Petrobras Was Successful, Wood Mackenzie Says Identification of the drilling fluid loss and the decision to halt drilling operations at the Morpho well prove that safety systems are working, says Glauce Santos, Senior Upstream Research Analyst at Wood Mackenzie
BEHIND THE NEWS: China’s Growing Latin American Energy Role—And Brazil’s Calculus Investment, trade and control of strategic assets
MME To Establish Dedicated Electromobility Unit Minister Alexandre Silveira made the announcement during meetings in China; in October last year, the MME announced the creation of the National Secretariat for Electromobility
3 National Grid Regions Expected To Increase Loads And reservoirs may end January with stored energy levels above 50% in three subsystems, ONS says
Royal FIC Commits To Net Zero By 2030 With the initiative, the Brazilian fuel distributor becomes the first in the country to voluntarily formalize the target
Distributors Should Adopt DSO Model To Manage DG Latin American association report cites real initiatives in Europe and the United States that could be replicated in Latin America
MME Invites Saudi Arabia And Sabic To Expand Opportunities In Brazil Minister Alexandre Silveira met with Sabic executives to discuss possibilities for expanding the company’s presence in Brazil’s oil, gas and petrochemical sectors
Brazil’s Solar Energy Market Contracted 29% In 2025 The Brazilian Solar Energy Association (Absolar) attributes the downturn to financial losses caused by the lack of compensation for generation curtailments and to obstacles to grid connection.
Brava Acquires Petronas Tartaruga Verde & Espadarte Stakes The transaction was valued at US$ 450 M and involves the acquisition of the 50% stake held by Petronas in the Tartaruga Verde field and in Module III of the Espadarte field. Completion of the deal is subject to approval by Brazil’s Antitrust Authority and the ANP, as well as the exercise of preemptive rights by the current operator
AGU Creates Group To Investigate São Paulo Power Outages The initiative follows an order from President Lula, who requested the preparation of a report on the incidents; the team may propose judicial and extrajudicial actions related to the provision of electricity services in the metropolitan region of the state.
Court Suspends Piauí Green Hydrogen Plant’s License Preliminary ruling grants MPF request, citing lack of authorization to use water from the Parnaíba River and risk of collapse of the power system
BNDES Approved US$ 1.19 B For Biofuels In 2025 The National Development Bank amount exceeds the volume recorded in 2010, when the institution approved R$ 4.8 billion (US$ 900 million), considered the largest amount up to that point
Refap Sets Gasoline & S-10 Diesel Production Records The Petrobras refinery closed 2025 with historic quarterly records in the production of gasoline (786 million liters) and S-10 diesel (765 million liters)
Procon-SP Fines Enel US$ 7.5 M An analysis of complaints and the concessionaire’s responses to regulatory notices confirmed service failures Sept. 21-23 and Dec. 8-14 last year
SLB completes acquisition of Resman Energy Technology The acquired Norwegian company focuses on wireless reservoir surveillance and tracking solutions
Neoenergia Energizes Alto Paranaíba Transmission Line Final Section With construction 100% completed, the project will enable an increase in transmission capacity between the northern part of the state of Minas Gerais and the state of São Paulo
1 Power 13 janeiro 2026 Norway Wants To Continue Investing In Brazil, Says C... Norway Wants To Continue Investing In Brazil, Says Consul General
2 Oil & Gas 14 janeiro 2026 Independent O&G Producers Support Royalty Reduction ... Independent O&G Producers Support Royalty Reduction For Mature Fields
3 Oil & Gas 14 janeiro 2026 Transpetro’s Pipelines Thefts Increase In São Paulo Transpetro’s Pipelines Thefts Increase In São Paulo
4 Oil & Gas 15 janeiro 2026 Equinor Wins 1st Government Bacalhau Field Oil Auction Equinor Wins 1st Government Bacalhau Field Oil Auction
5 Oil & Gas 16 janeiro 2026 Petrobras Produced 2.4 M bpd Of Oil In 2025 Petrobras Produced 2.4 M bpd Of Oil In 2025