Petrobras Investments in 2023: Less Than Half of Budget The oil company struggled with the heating up of the supplier market and licensing issues
BP Simplifies Organizational Structure, Changes Executive Team The aim is to reduce duplication and reporting complexity
Petrobras Will Be Tendering 31 Support Vessels Later This Year Local content is expected to be up to 70% but there will be no requirement for domestic procurement in the contract
Petrobras Sells Two Garoupa Fields to Perenco The transaction establishes the transfer of the oil company’s stake in the Cherne and Bagre fields in shallow waters of the Campos Basin
Mataripe Refinery Produces Record S-10 Diesel Amount The volume of less-polluting diesel produced, more than 300,000 m3, represents more than 70% of the refinery's total diesel production.
Court Reinstates Petrobras Board Member Federal judge rules that decision to suspend Sérgio Machado Rezende, made by a São Paulo court could risk the outcome of the trial
Boeing Makes Largest Purchase of Blended SAF The aircraft manufacturer purchased 9.4 M gallons for its 2024 U.S. commercial operations
While Oil By-Products Grow a Bit, Biofuels Soar In the first two months of the year, Brazil’s production of biodiesel and hydrated ethanol rose 4 times more than gasoline, diesel and AvGas
Petrobras Studies Lubnor Decarbonizing Investments The goal is to neutralize 100% of the refinery's total emissions. Biomethane energy generation is one of the projects to be studied
Petrobras, SLB Finalize Three Búzios Field Contracts A total of 35 wells in the Santos Basin field will be equipped and completed
ANP: Change in BM-ES-23 Concession Consortium With the alteration, Inpex Petróleo Santos cedes its 15% stake to BW Energy, operator of the contract, and Aquamarine
Eneva Secures Areas for Azulão Gas Pipeline Construction The Declaration of Public Utility permits exploration and production activities in the approximately 229,900-m², area
ExxonMobil: Guyana Whiptail Project FID Announced Located in the Stabroek Block, Whiptail will involve an investment of US$ 12.7 B, with production expected in 2027
Petrobras Appealing Decision To Remove Board Chairman The federally-controlled oil company is challenging a São Paulo Federal Court's order to remove Pietro Mendes from the oil company's board of directors
O&G Regulator Analyzes South Tucano Basin Annexations The Tucano Grande and Tucano Grande Sul development areas are operated by the consortium formed by Imetame and Energy Paranã
Santa Catarina Biomethane Plant Scheduled for 2025 The facility should produce 25,000 m³/d of renewable gas and treat 350 tons/day of waste
White Martins to Build São Paulo's First H2V Plant The plant is due to start operating in 2025, will supply hydrogen to Cebrace and other company clients in RJ and MG as well as the São Paulo market
MME: Highlights Sino-Brazilian Partnership in Energy Transition “The way we are stitching together all the initiatives certainly strengthens the energy transition agenda”
Distributor Renewal Decree Being Finalized The regulation is expected to be passed along to Pres. Lula in the next few days
Regulator Approves Electric Energy Chamber's Governance Makeover The main changes consist of a General Meeting, a Board of Directors, an Executive Board and a Supervisory Board
BV Tops Greener Ranking for Photovoltaic Financing Bank surpassed 48 other institutions in lines used for financing
Attorney General Approves HPP Porto Primavera Concession Renewal The company demonstrated the legality of 2018 consultation to improve the concession contract and its renewal
El Niño: Sobradinho Reservoir Replenished Meteorologist says the weather phenomenon has peaked, flooding less likely now
MME Permits Two New Companies To Import Energy from Venezuela Bolt Energy and Tradener now can offer service to isolated systems in the North
Silveira Defends Mechanisms To Measure Quality of Distributors At the Brazilian Energy Leaders Forum, the MME minister reported there is a US$ 27.53 B plan for the sector over the next four years
Three Brazilian Reservoir Subsystem Levels May Exceed 70% The outlook for the end of April is positive, a condition that is important for meeting demand
Light Signs Preliminary Accords with Creditors Light Sesa's US$ 956 M arrangement represents the major economic terms and conditions for debt renegotiation, while the holding company also came to terms with Light Energia's creditors
EPE Throws in the Towel, Castanheira HPP Project Tanks Faced with indigenous and environmental opposition, the federal planning company considers it unfeasible to proceed with the undertaking
Angra 3: Eletronuclear and EPE Question TCU's Position The companies commented on the Federal Audit Office's analysis of the nuclear plant's economic viability
BBCE Energy Platform Reports Historic Volumes in 1Q/2024 Period matched 54.37% of total amount traded in 2023