NEWSLETTERS
Brazil’s trade relationship with the European Union has undergone a significant shift in 2026, driven largely by increased crude oil exports. According to Fundação Getulio Vargas’ Icomex report, Brazil’s trade balance with the EU moved from a US$1 billion deficit in...
ANP has approved geological, geophysical and economic studies concerning Oeste de Jubarte, a prospective offshore block located in the Campos Basin. The area covers approximately 690 square kilometers within Brazil’s pre-salt polygon and is adjacent to the established...
Petrobras’ P-35 FPSO was scheduled to berth at the former Inhaúma Shipyard, in Rio de Janeiro, on October 19, 2026, marking an important step in the revitalization of a facility that has remained inactive in shipbuilding and repair activities for approximately a...
Petrobras has signed Expenses and Volumes Equalization Agreements (AEGVs) with Shell, TotalEnergies and Petrogal concerning the shared reservoirs of Berbigão and Sururu, located in the Santos Basin. Under the agreements, Petrobras is expected to receive approximately...
The latest ANP auctions illustrate how Brazil continues to compete for international exploration capital amid global uncertainty over energy demand, reserve replacement and investment priorities. The participation of companies such as Equinor, Galp, CNOOC, Sinopec and...
Brazil’s Ministry of Ports and Airports has presented an investment portfolio of approximately R$160 billion for 2027–2030, encompassing ports, shipbuilding, inland waterways, airports and logistics infrastructure. The maritime components are particularly significant....
Brazil’s Superior Court of Justice (STJ) is scheduled to resume, on October 14, 2026, its judgment concerning the legality and conditions applicable to hydraulic fracturing in unconventional oil and gas exploration. The case, examined under Incident of Assumption of...
Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) concluded two licensing rounds on October 7, generating more than R$3.5 billion in signature bonuses and expanding the country’s exploration portfolio. The fourth Permanent Production Sharing Offer...
Brazil continues to advocate internationally for the removal of regulatory and technical barriers affecting ethanol, biodiesel and other renewable fuels. The debate is becoming increasingly relevant as global decarbonization policies move beyond road transportation...