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Suriname Delegation Meets O&G Companies In Brazil

Brazil’s O&G Insttitute and member companies met with Suriname President Jennifer Simons and Staatsolie CEO Annand Jagesar to discuss energy sector opportunities

PetroReconcavo Increases Share Capital US$ 14,643

Company now holds US$ 574 M in share capital

Petro-Victory Gains More Time On 3 Potiguar Basin Blocks

O&G Regulator approved extension of the exploration phase for blocks POT-T-432, POT-T-434, and POT-T-477

Transpetro Takes Over PBLog Operations

With the incorporation, Transpetro expands its portfolio to include emergency response services, offshore support, and integrated logistics, among other activities

Brazil Sets O&G Production Record In April

Output reached 5.640 million boe/d, according to the ANP's Monthly Oil and Natural Gas Production Bulletin. Pre-salt production also reached a record high

Antitrust Regulator Approves Ecopetrol’s Purchase Of Brava Energia Shares

Ecopetrol aims to secure a 51% voting stake in Brava. The transaction, however, remains subject to approval by Brazil’s O&G Regulator (ANP)

PSOL Sues Over Lack Of Rare Earth Rules

Political party takes suit to the Supreme Court arguing that Brazil’s Mining Code does not reflect global technological transformations

ANP Approves NTS & TAG Pipeline RCM Methodology Consultation

The public consultation will run for 15 days and aims to provide transparency, public disclosure and legitimacy to the agency’s actions

Petrobras Seeks Return To Mining Sector

Critical minerals, potash, and uranium are on the Petrobras radar – also plans to double fertilizer production capacity

Brava Secures Partial Bondholder Approval For Ecopetrol’s Tender

Holders of Enauta’s 4th debenture issuance approved the transaction, but additional bondholder approvals are still required for the deal to proceed

Petrobras To Invest US$ 11.9 B In SEAP

In 2028, the company will launch tenders for the decommissioning of 26 platforms in Sergipe – bidding process either will cover the entire group of units or separate tenders for each platform

Antitrust Authority Approves TGS-SLB Pelotas Basin Partnership

The agreement aims to jointly develop and operate offshore multi-client 3D seismic projects in Brazil’s emerging exploration frontier

Lula: Petrobras Nears Announcement On Equatorial Margin Oil Prospects

Brazilian president says potential discoveries could boost development across the entire Northern region – President also backs Petrobras-Pemex partnership

Cade Accepts Petrobras As Interested Party In CBO/OceanPact Deal

State-controlled company says the potential CBO acquisition raises antitrust concerns

Repsol Sinopec Advances DAC & E-Fuels Projects In Brazil

Company develops direct air capture technology and targets pilot-scale deployment for synthetic fuel production

MME Issues Dec. Battery Capacity Reserve Auction Rules

Auctions will procure battery energy storage systems with a minimum capacity of 30 MW and four hours of continuous operation; industry association welcomes the move.

Axia Invests US$ 697 M In Southern Brazil Projects

There will be 44 transmission projects in the systems of the Paraná, Santa Catarina, and Rio Grande do Sul states, in addition to the modernization of Itaipu’s evacuation system

MME: Capacity Reserve Auction Reduced Supply Risks

At a public hearing in Brazil's Chamber of Deputies, however, government representatives faced significant criticism from lawmakers regarding the auction's design

Cemig Launches Call For New EV Charging Corridors

Charging equipment will be supplied by Cemig in the state of Minas Gerais and available for free use throughout the project period

Aneel Approves Energy Storage Rules, Targets Battery Auction

Regulation defines grid access and tariff framework; ONS will identify priority locations for installation

Former MEZ Energia Assets To Be Auctioned On July 3rd

Public auction at São Paulo’s B3 Stock Exchange will offer Lots 7-10 of Transmission Auction No. 1/2026, followed by qualification procedures and concession agreement execution

El Niño Raises Wildfire Risks & Potential Power Grid Impacts

With more than an 80% probability of developing between May and July, the climate phenomenon could intensify heat and drought conditions in Brazil’s Center-West, Southeast, and parts of the North

Aggreko Procurement To Hybridize Amazon Off-Grid Systems

Project includes 109 MWp of solar and 119 MWh of BESS and will cut diesel consumption by 37 million liters annually

Petrobras Diesel Price Cut Takes Effect

The company's average selling price to distributors will be reduced effective Monday (June 1)

Gov't Extends Fuel Price Relief Measures

They will maintain relief for diesel, cooking gas, biodiesel and jet fuel through July 31

June Electricity Tariff Flag Remains Yellow

Electricity consumers will face an additional charge of US$ 0.35 for every 100 kWh consumed

Porto Alegre Inaugurates Brazil’s 1st 480 kW Charger

With an investment of US$ 198,000, the High Power Charger (HPC) operates at 480 kWh and can recharge up to four vehicles simultaneously

April Power Consumption Up 3.8%

Increase reverses the downward trend seen in the previous two months, with all regions posting higher consumption, according to EPE

AI: US$ 200 B Energy Sector Savings By 2030

Applications of the technology include optimization and control of power systems, asset lifecycle management, and energy efficiency and consumption management, according to a Deloitte study.

Abdan Calls For Nuclear Framework Modernization

Nuclear association president Cunha says Angra 3 restart can proceed in parallel with construction of other plants

Most Read

1

Oil & Gas

29 maio 2026

Petrobras To Invest US$ 11.9 B In SEAP

Petrobras To Invest US$ 11.9 B In SEAP

2

Oil & Gas

29 maio 2026

Brava Secures Partial Bondholder Approval For Ecopet...

Brava Secures Partial Bondholder Approval For Ecopetrol’s Tender

3

Oil & Gas

29 maio 2026

Petrobras Seeks Return To Mining Sector

Petrobras Seeks Return To Mining Sector

4

Oil & Gas

01 junho 2026

PSOL Sues Over Lack Of Rare Earth Rules

PSOL Sues Over Lack Of Rare Earth Rules

5

Oil & Gas

02 junho 2026

Brazil Sets O&G Production Record In April

Brazil Sets O&G Production Record In April

From The Media

JUN 03, 2026 - Aljazeera.com

Brazilian President Luiz Lula da Silva has decried newly proposed USA tariffs, saying he could “not accept the treatment” his country had received. The rebuke on Wednesday (June 3) came a day after President Donald Trump’s administration announced the 25 percent tariff on certain Brazilian imports, appearing to roll back an emerging detente between the two countries. Lula said he had left a May meeting at the White House with Trump optimistic that relations were improving. Meanwhile, Brazilian Senator Flavio Bolsonaro (son of former President Jair Bolsonaro) met with Trump at the White House amid Bolsonaro’s troubled presidential bid as he is fighting to recover from a scandal that has rocked his campaign.

JUN 03, 2026 - Merco Press

A month after the provisional entry into force of the trade agreement between the EU and Mercosur, exchanges have been governed since May 1 by the terms agreed upon, while political and legal attention in Brussels centers on the EU Court of Justice, which must rule on the validity of the mechanism chosen to launch the treaty. The referral to the bloc's top court stemmed from a European Parliament resolution, passed in January by a narrow margin that, requested an opinion on the agreement's compatibility with the EU treaties. The step does not block the provisional application but keeps parliamentary ratification on hold. The European Commission stressed that it is a request for an opinion and not a direct challenge to the agreement's content and recalled that there are favorable precedents in the court's case law on other large-scale trade treaties.

JUN 03, 2026 - Reuters

Atlas Renewable Energy has ‌put plans for US$ 1 billion in new investments in Brazil on hold as the National Grid Operator (ONS) has periodically rejected renewable power, CEO Carlos Barrera said. Atlas (owned by BlackRock Unit Global Infrastructure Partners) had planned the projects last year and this ​year, Barrera said, noting that curtailments were as high as 15%-25% for its existing projects ​in the June quarter. "There's at least ... ​1.5 gigawatts that we put on hold in Brazil, where we had planned to already start construction," ​he told Reuters. Despite governments being keener to adopt renewables to shield their countries from supply disruptions due to the war in Iran, renewable curtailment remains a major bottleneck to development ​in a wide range of countries that also include Australia, Japan, India, and Chile.

JUN 03, 2026 - Valor International (Globo.com)

Brazil’s O&G Regulator (ANP) is studying measures to introduce new business models in the household cooking gas market, including partial refills of liquefied petroleum gas (LPG) cylinders and allowing companies to fill containers from competing brands. Both practices are currently prohibited. Thirteen-kilogram LPG cylinders are used in about 90% of Brazilian households. However, the proposals under review have raised concerns across the industry. Companies argue that the changes could undermine investment in the sector’s logistics network, drive up prices, and even create opportunities for organized crime to enter the market. The ANP wants to debate issues such as the feasibility of partial cylinder refills, filling competitors’ containers, tracking cylinders—which currently does not exist—the possibility of bottling gas closer to consumers, and expanding the permitted uses of LPG to activities such as pool heating, boilers, and engines.

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