The Brazilian government has signed five production sharing contracts resulting from the third cycle of the Permanent Production Sharing Offer. The contracts cover the Itaimbezinho, Jaspe, Citrino, Esmeralda and Ametista blocks in the Santos and Campos basins and...

Brazil is moving toward its first auctions for the commercialization of natural gas belonging to the Federal Government under pre-salt production sharing contracts. The CNPE has restructured the PPSA commercialization framework around two models: annual short-term...

Brazil’s Federal Revenue Agency (Receita Federal) began issuing CNPJs (National Registry of Legal Entities) in alphanumeric format for new registrations and branches on July 31, 2026, driven by the exponential growth in the number of active business establishments —...

Global competition for energy investment increasingly depends not only on natural resources but also on regulatory predictability. Two recent Brazilian developments reinforce this trend. First, IBAMA's approval of the Campos Basin Area Plan strengthens emergency...

Brazilian ports continue to expand oil export infrastructure in response to the rapid increase in pre-salt production. New investments include the expansion of storage capacity, marine terminals, loading systems and associated logistics infrastructure designed to...

The Brazilian government has intensified diplomatic discussions on energy and mining cooperation with several Asian countries, reflecting the region's growing importance as both an investment source and a strategic destination for Brazilian commodities and energy...

Petrobras has confirmed that continued production growth will be accompanied by a strategy to diversify crude oil exports and access new international markets. As pre-salt production continues to expand, the company intends to reduce dependence on traditional buyers...

Brazil’s antitrust authority, CADE (Administrative Council for Economic Defense), formally concluded and definitively archived its review of the merger between Paramount Skydance and Warner Bros. Discovery — valued at USD 111 billion — without imposing any...

The Superior Court of Justice (STJ) published a roundup of 39 binding precedents established in the first half of 2026, consolidating the interpretation of federal law across multiple fields. Two themes are particularly relevant to business law: Theme 1,210 reaffirmed...

Brazil’s Supreme Court (STF) has placed two landmark cases on its August 2026 agenda with major implications for businesses and infrastructure. On August 12, the Court will examine ADIs 7913, 7916, 7919, and ADC 102, challenging the constitutionality of the General...

Brazil’s National Civil Aviation Agency (ANAC) launched a public consultation for the competitive re-tendering of the Brasília International Airport (DF) concession contract, with contributions accepted until August 7, 2026. The process includes ten regional airports...

The proposed auction of natural gas belonging to the Union may become an important instrument for increasing short-term liquidity and developing a Brazilian spot market. One market proposal is that the gas should be offered through an independent trading platform...