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25 results for “Brazil energy”
Petrobras and QatarEnergy Win 7 Equatorial Margin Oil Blocks
A consortium led by Petrobras and QatarEnergy won exploration rights for seven offshore oil blocks in Brazil's Ceará Basin, boosting deepwater expansion.
Brazil Pushes Court for Fracking Green Light, Eyes Pelotas Basin
The Ministry of Mines and Energy is lobbying the Superior Court of Justice ahead of a critical October 14 ruling to unlock unconventional oil and gas.
Brazil holds historic oil auction as global majors eye deepwater
Brazil's ANP auctions 326 oil and gas blocks, including prized pre-salt reserves, testing global appetite amid energy transition debates.
Brazil Formally Schedules Annual Power Auctions Through 2029, Locking in Role for Battery Storage
The Ministry of Mines and Energy published a schedule for capacity reserve auctions through 2029, with a specific focus on integrating battery storage and pumped hydro to stabilize the grid.
Federal Prosecutors Seek to Suspend Petrobras’ Amazon Oil Discovery License
Brazil’s Federal Public Ministry is challenging Petrobras’s license for the Morpho well, citing a failure to consult Amazon traditional communities.
Brazil’s Orizon Pivots to Biomethane, Analysts Projecting 55% EBITDA Surge from Circular Economy
Waste management firm Orizon is leveraging its landfills to produce high-value biomethane, a strategy analysts expect to drive a 55.6% compound annual growth rate in EBITDA.
Brazil’s Petrobras Expands Global Exploration with Eight Offshore Blocks in Ivory Coast
Brazil’s state-controlled oil giant Petrobras signed production-sharing contracts for eight exploratory blocks off the coast of Côte d'Ivoire, securing a new deepwater exploration frontier.
Brazil Audit Court Orders Utility Regulator to Verify Enel Rio Concession Data in 120 Days
Brazil's TCU has given the energy regulator ANEEL 120 days to verify Enel Rio's service quality data ahead of its concession renewal.
Brazil’s First Gigawatt-Scale Battery Auction Draws Record 300 GW in Project Interest
Brazil's debut auction for Battery Energy Storage Systems (BESS) saw a record 6,091 projects registered, signaling a massive new market for grid modernization.
Brazil’s Regulator Schedules First Battery Energy Storage Auctions with Potential R$20 Billion Investment
Energy regulator ANEEL has set dates for two BESS auctions in December to stabilize the power grid and curb renewable waste.
Brazil’s First Battery Auctions Face R$20 Billion Risk Over Who Pays the Bill
Brazil will hold its first battery storage auctions in December, expected to draw R$20 billion, but a regulatory fight over costs could threaten project viability.
Brazil’s Grid Saturation Forces First Automatic Curtailment of Distributed Solar Power
Brazil’s grid operator has begun automatically cutting solar generation from distributed mini-plants, upending the booming 50GW DG sector.
Brazil’s High Court to End Decade-Long Fracking Dispute on September 9
Brazil's Superior Tribunal of Justice will rule on the legality of hydraulic fracturing, setting a national standard for unconventional oil and gas.
Brazil’s Energy Sector Faces 2030 Deficit Risk as Price Signals Deter Investment
Brazilian energy executives warn of a 2030 power deficit due to a dysfunctional market model that fails to incentivize grid flexibility and storage.
Brazil Election Pits State-Led Resource Exploitation Against Private Investment Model
The presidential race between Lula and Flávio Bolsonaro is defining Brazil's energy future, centering on state control vs. market liberalization.
Lula’s R$5 Billion Power Subsidy Spares Consumers, But Fiscal Fight With TCU Continues
Brazil's President Lula secured R$5 billion in energy subsidies to cap power bills after a brief judicial block, keeping a federal fiscal dispute alive.
Brazil TCU Reverses Block on R$5 Billion Energy Subsidy
Brazil's Federal Court of Auditors (TCU) quickly lifted a block on a R$5 billion energy subsidy, averting major electricity tariff hikes in an election year.
Brazil Energy Regulator Fast-Tracks Key Rules for Multi-Billion Dollar Battery Storage Auction
Aneel is expediting cost-sharing rules for a 6GW battery auction, boosting investor security in Brazil's new BESS market.
Former Petrobras Director Warns New Amazon Oil Finds Need Policy Shift from Pre-Salt Model
Ildo Sauer, who helped launch Brazil's pre-salt oil era, argues new Equatorial Margin discoveries must change from a profit-focused model.
Lula Signs Decree Opening Brazil’s Free Energy Market to 90 Million Consumers
President Lula formalized the expansion of the free power market, allowing all residential and small commercial users to choose their energy supplier.
Lula Opens Brazil Power Market to All Consumers, Mandates Green Fuels Push
President Lula signed decrees opening Brazil's electricity market to households and mandating a shift to green aviation fuels.
President Lula Opens Brazil’s Energy Market to 90 Million Consumers, Promising Lower Bills
President Lula's new decree liberalizes Brazil’s power sector, allowing all low-voltage consumers to choose their electricity supplier by late 2028.
Brazil Hydro Curbs Signal Higher Energy Costs, Renewed Inflation Pressure
CMSE ordered hydro discharge cuts to preserve reservoirs against El Niño, signaling reliance on expensive thermal plants and raising industrial energy costs.
ANEEL Ruling Clears Path for Eneva (ENEV3) to Add 791 MW in Brazil Energy Auction Contracts
Regulator's recommendation to deny a key appeal could award Eneva an additional 791 MW of contracted capacity from the March 2026 auction.
Brazil Proposes Blockchain Framework for Decentralized Energy Market
A new bill in Brazil's Congress introduces blockchain and smart contracts to regulate and audit its rapidly growing decentralized electricity market.