Petrobras: Environmental Green Light To Use New Drilling Rig In Equatorial Margin Block Brazil’s Environmental Regulator (Ibama) also requested that Petrobras submit an updated drilling schedule for the Morpho well
BNDES To Invest US$ 967 M In O&G Vessels In 2026 Funds destined for financing new vessel construction, dry-docking, shipyard modernization, and decommissioning are expected to match the amount disbursed by the bank last year
CNOOC & PetroChina Acquire Cargoes In PPSA's 6th Spot Auction CNOOC and PetroChina acquired cargoes of 900,000 barrels of crude oil from the Atapu field and 1 million barrels of crude oil from the Bacalhau field, respectively
Equity Fund Takes Control Of Braskem – Seeks Court Restructuring Private equity firm IG4 has completed the acquisition of shares held by controlling shareholder Novonor (formerly Odebrecht) to prepare judicial restructuring plan for US$ 9.25 B debt load
Petrobras To Decommission 19 Units By 2030 Company’s goal is to accelerate many projects since maintaining non-producing units comes at a cost
Ocyan-Petrobras Sign Decommissioning MoU Agreement covers well plugging and abandonment activities, as well as subsea decommissioning operations
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
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
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
Electricity Distributors Invested US$ 7.92 B In 2025 Information is included in the PDD 2026 released by Aneel – US$ 49.89 B in investments forecasted over the next 5 years
Energy Groups Urge CMSE To Reduce Thermal Generation Dispatch Joint statement calls for changes at the committee's upcoming meeting to reduce thermal generation dispatch and estimates potential savings of US$ 580 M
Clark Solutions Secures US$ 2 M Finep Green Hydrogen Technology Funding Funding will support the development of a Brazilian-made alkaline electrolyzer; plans to scale technology to +1 MW by end 2026
Reservoir Storage Forecast Above 65% Across Brazilian Subsystems Northern region is expected to end June with reservoirs virtually full at 99.9%, while cold fronts help sustain hydropower storage levels, ONS says
CMU Energia To Invest US$ 14 M In EV Charging Network Company aims to install 100 charging stations within 18 months, but grid connection delays of up to one year remain a major challenge, CEO Walter Fróes says.
Petrobras: US$ 4.5 M For Used Cooking Oil Collection & Recycling Public call will fund four projects in Bahia and São Paulo aimed at expanding collection networks, supporting waste-picker cooperatives, and supplying feedstock for renewable fuels
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 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.
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)
1 Oil & Gas 02 junho 2026 Brazil Sets O&G Production Record In April Brazil Sets O&G Production Record In April
2 Power 02 junho 2026 Aneel Approves Energy Storage Rules, Targets Battery... Aneel Approves Energy Storage Rules, Targets Battery Auction
3 Power 02 junho 2026 Cemig Launches Call For New EV Charging Corridors Cemig Launches Call For New EV Charging Corridors
4 Power 03 junho 2026 MME: Capacity Reserve Auction Reduced Supply Risks MME: Capacity Reserve Auction Reduced Supply Risks
5 Oil & Gas 03 junho 2026 Suriname Delegation Meets O&G Companies In Brazil Suriname Delegation Meets O&G Companies In Brazil