Memorandum between the two companies opens the door to cooperation in exploration, production and industrial processes and illustrates why sound legal structuring is critical before intentions turn into investments. The signing, on June 23, of a Memorandum of...

Submarine cables carry the vast majority of international data traffic and have become increasingly relevant to national security as incidents involving accidental and potentially intentional damage rise globally. Brazil has particular exposure because a significant...

The Federal Regional Court of the 3rd Region held a company liable for material damages to public assets due to repeated transportation of overweight cargo on federal highways, upholding BRL 200,000 in collective moral damages and a BRL 10,000 penalty per irregular...

The President of the Federal Supreme Court and of the National Council of Justice, Justice Edson Fachin, and Central Bank Governor Gabriel Galípolo signed Joint Ordinance No. 6/2026 on August 12, creating an executive group to propose a national system for the...

Digital and criminal law specialists point to a gap in Brazilian law regarding criminal liability for producing and sharing AI-generated sexual or degrading content targeting adults. While specific rules exist for electoral matters and for children and adolescents...

PPSA will hold its eighth spot auction of the Federal Government’s oil on August 26, offering approximately 13.9 million barrels from the pre-salt. Approximately 13 million barrels will come from Búzios and 900,000 barrels from Atapu, with deliveries scheduled between...

Maritime decarbonization is creating a new potential market for Brazilian ethanol. Recent industry initiatives have demonstrated the technical use of ethanol in transoceanic vessels, while global shipowners increasingly evaluate alternative fuels to meet tightening...

The National Waterway Transportation Agency (ANTAQ) will hold on September 1, at 2 p.m., a hybrid public hearing under Public Hearing No. 02/2026 to gather input on the technical and legal documents of the bidding process for waterway access to the Organized Port of...

Industry participants see recent policy developments as important steps toward a more open and competitive Brazilian natural gas market. The CNPE has advanced the framework for commercialization of the Federal Government’s share of pre-salt gas, while ANP has moved...

Petrobras expects to complete drilling of its first deepwater exploratory well in the Foz do Amazonas Basin around the beginning of September. The well represents a critical step in evaluating the geological potential of the Equatorial Margin and may influence future...

Brazilian oil and natural gas production reached a new record in June, with combined output exceeding 5.8 million barrels of oil equivalent per day. Oil production alone reached approximately 4.47 million barrels per day, while the pre-salt accounted for more than 80%...

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...