Brazil's National Development Bank (BNDES) announced an expansion of resources allocated to the Nova Indústria Brasil (NIB) program to R$300 billion by the end of 2026, in the presence of Vice-President Geraldo Alckmin and the Ministers of Finance and Industry. The...
NEWSLETTERS
Brazil’s liquids production outlook gains momentum
OPEC has raised its projection for Brazil’s liquids production in 2026, estimating growth of 270,000 barrels per day and an average output of 4.7 million barrels per day. The previous projection was approximately 4.6 million barrels per day. Market Impact The revised...
STF moves big tech appeals to physical plenary; platforms react to Lula's decrees
Justice Dias Toffoli withdrew from the STF's virtual plenary agenda nine appeals filed by major digital platforms against the expanded liability ruling for user-generated content, transferring the case to a yet-unscheduled in-person session. Simultaneously,...
Petrobras profitability and the strategic strengthening of Brazil’s offshore model
Petrobras was reportedly the most profitable oil company globally in the first quarter of 2026 among oil and gas companies with market value above US$50 billion, recording net income of approximately US$6.25 billion. The result placed Petrobras ahead of major...
Industry associations call for swift Tecon Santos 10 auction with broad competition
More than a dozen Brazilian productive sector associations published a public manifesto calling for the Tecon Santos 10 auction to be held in 2026 with broad competitive participation. The entities back the format proposed by the National Waterway Transportation...
CVM expands regulatory structure with new superintendencies to strengthen capital market oversight
CVM Resolution No. 243/2026, in force since May 22, created two new superintendencies — for Market Supervision, Derivatives and Systemic Risks (SMD) and for Regulatory Intelligence — along with six departments and 35 positions, implementing the structural changes...
Senate examines modernization of Brazil’s mandatory toll voucher law for road freight
The Senate's Infrastructure Commission (CI) examined on May 18 a bill modernizing Brazil's mandatory toll-voucher legislation for road freight transport. The proposal allows advance toll payment to be recorded directly in the electronic transport document (CT-e),...
Supply Chain Resilience and Energy Logistics
Global energy markets continue to place increasing emphasis on supply chain resilience, fuel security and logistics capacity. For Brazil, this global trend reinforces the importance of investments in port terminals, storage infrastructure and fuel logistics. Measures...
TCU rules that Tecon Santos 10 auction process must undergo new review
Brazil's Federal Court of Accounts (TCU) determined that the concession process for Tecon Santos 10 — the largest container terminal at the Port of Santos, with projected investments of R$6.4 billion — must be resubmitted for court review before moving forward. The...








