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...

ANP has extended flexibility measures related to gasoline and diesel inventories, indicating continued regulatory focus on fuel supply resilience and market stability. In parallel, terminal expansion projects have been included within Brazil’s REIDI incentive regime,...

The STJ's Special Panel unanimously accepted a new complaint by the Federal Public Ministry on May 18, making former Acre Governor Gladson Cameli a defendant for embezzlement and bid rigging in the duplication of state highway AC-405. According to the Federal...

The Brazilian Government published, in today's edition of the Official Gazette (Thursday, May 21), two decrees signed by President Luiz Inácio Lula da Silva updating the regulatory framework of the Marco Civil da Internet and establishing new guidelines for the...

ANP has approved the unitization agreements for the shared reservoirs of Sururu and Berbigão, in the pre-salt of the Santos Basin. The agreements formalize the understanding between Petrobras, the federal government and partners Shell, TotalEnergies and Petrogal...

The Chamber of Deputies scheduled a plenary vote on Brazil's Artificial Intelligence Legal Framework (Bill 2,338/2023) for May 27, 2026, with rapporteur Representative Aguinaldo Ribeiro (PP-PB) presenting the report on May 19, per the schedule agreed with House...

The Rubi prospect has been described by PPSA as a leading asset in the new pre-salt auction, reinforcing the continued attractiveness of Brazil’s offshore acreage for international and domestic investors. Market Impact Rubi’s relevance may strengthen investor appetite...

The Senate’s Temporary Commission for Civil Code Reform (CTCivil) held its 18th and final public hearing on May 14, covering property law and business law topics under Bill 4/2025. Participants stressed the need to preserve legal certainty in matters such as fiduciary...

Brazil has intensified its international biofuels agenda in Germany amid ongoing regulatory review, reinforcing the country’s ambition to position biofuels as part of the global energy transition. Market Impact This movement may support: greater international...

The STF is resuming the judgment of the long-standing dispute over the redistribution of oil royalties, involving the constitutionality of Law No. 12,734/2012 and its impact on producing and non-producing states. At the same time, ANP recently distributed R$ 4.9...

Brazil’s natural gas transportation tariff review has entered a critical phase, with discussions around the valuation of the Regulatory Asset Base and the potential impact on pipeline remuneration. Market Impact The review may affect: transportation costs for gas...

Petrobras is expected to accelerate production from the P-79 platform in the Búzios field, reinforcing the strategic importance of one of Brazil’s most relevant pre-salt assets. The unit is part of the continued expansion of Búzios, a major deepwater production hub in...