Petrobras has completed the acquisition of a 27.5% interest in Block 4, offshore São Tomé and Príncipe. The company joins a consortium comprising Shell, as operator, Galp and the local petroleum authority. The acquisition complements Petrobras’ existing interests in...

The Superior Electoral Court (TSE) signed memoranda of understanding with Google, X, Meta, Kwai, Telegram, TikTok, LinkedIn, OpenAI, ElevenLabs, and Anthropic to combat disinformation in the 2026 municipal elections. New obligations include a ban on algorithmic...

Brazil’s cabotage market recorded growth of approximately 5.6% in the second quarter, indicating continued recovery in domestic coastal shipping. The increase reflects stronger cargo volumes and growing demand for alternatives to long-distance road transportation....

Global contracting of very large crude carriers has reached historically high levels, according to MSI, reflecting renewed confidence in long-term oil transportation demand and the need to replace aging tanker capacity. The increase in orders occurs as shipowners...

Brazil’s Federal Court of Accounts has assessed whether the oil and gas sector’s local content policy is effectively achieving its industrial, technological and economic objectives. The review identified weaknesses in policy governance, limited coordination among...

Mauá’s receipt of the necessary tax clearance certificates strengthens its ability to participate in public and private tenders. Tax, labor and social security regularity is generally a key qualification requirement in procurement procedures and may also affect access...

Governments worldwide are increasingly combining energy transition policies with local manufacturing incentives and supply-chain security requirements. Brazil’s proposed battery auction model follows this global trend by seeking to attract manufacturers while...

Brazil’s final Ten-Year Energy Expansion Plan for 2035 projects approximately R$ 3.5 trillion in investment across the country’s energy sector. The plan estimates that installed electricity generation capacity will increase from approximately 255 GW to 367 GW by 2035,...

South America’s offshore markets are experiencing strong expansion, supported by developments in Brazil, Guyana, Suriname and other emerging production areas. This growth is occurring against a backdrop of geopolitical instability, supply-chain constraints and...

Brazil’s first battery storage auctions, expected to include local content requirements, are already attracting foreign manufacturers interested in establishing operations in the country. International suppliers, including Chinese and US manufacturers, have reportedly...

Brazil's offshore support fleet continues to operate with more than 470 vessels under Brazilian Jurisdictional Waters (AJB), making it one of the largest offshore support fleets worldwide. While current fleet levels demonstrate strong market resilience, continued...

ANP has approved the inclusion of 86 exploratory blocks in the Equatorial Margin for future Permanent Offer bidding cycles. Market Impact The measure significantly expands Brazil's long-term exploration portfolio and may: attract new international oil companies...