by MAFM ADVOGADOS | Aug 10, 2026 | Newsletters
Petrobras reported net income of approximately R$ 52.4 billion in the second quarter of 2026, supported by stronger international oil prices, rising production and increased exports. Average oil and gas production reached approximately 3.34 million barrels of oil...
by MAFM ADVOGADOS | Aug 7, 2026 | Newsletters
The Brazilian government has signed five production sharing contracts resulting from the third cycle of the Permanent Production Sharing Offer. The contracts cover the Itaimbezinho, Jaspe, Citrino, Esmeralda and Ametista blocks in the Santos and Campos basins and...
by MAFM ADVOGADOS | Aug 6, 2026 | Newsletters
Brazil is moving toward its first auctions for the commercialization of natural gas belonging to the Federal Government under pre-salt production sharing contracts. The CNPE has restructured the PPSA commercialization framework around two models: annual short-term...
by MAFM ADVOGADOS | Aug 5, 2026 | Newsletters
Brazil’s Federal Revenue Agency (Receita Federal) began issuing CNPJs (National Registry of Legal Entities) in alphanumeric format for new registrations and branches on July 31, 2026, driven by the exponential growth in the number of active business establishments —...
by MAFM ADVOGADOS | Aug 5, 2026 | Newsletters
Global competition for energy investment increasingly depends not only on natural resources but also on regulatory predictability. Two recent Brazilian developments reinforce this trend. First, IBAMA’s approval of the Campos Basin Area Plan strengthens emergency...
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