Brazil: Oil, Gas & Electricity

Petrobras has introduced a new pricing mechanism for natural gas that establishes reference bands based on Brent crude prices, creating floors and ceilings to limit quarterly price fluctuations. The voluntary measure aims to reduce a scheduled 22% price adjustment to approximately 6%, though legal experts warn the initiative could significantly impact competitive dynamics in Brazil's evolving gas market. While the mechanism provides greater predictability for distributors and consumers, questions remain abo

Brazil's electricity sector reform has introduced stringent new requirements for self-production arrangements, mandating minimum demand thresholds and stricter shareholding rules that fundamentally reshape how large consumers can access self-generation structures. As regulatory agencies define implementation guidelines and audit bodies scrutinize cost allocations, the evolving framework creates critical uncertainties for energy-intensive projects like data centers and green hydrogen plants whose economic vi

Brazil's oil industry is preparing potential legal action after the government extended its controversial 12% crude export tax through administrative decree, with producers arguing the move undermines claims the levy was needed for fuel subsidies and instead reveals it as primarily a revenue-raising measure. The extension has deepened concerns over regulatory instability and legal certainty, with industry experts warning that the tax is already causing companies to postpone billions in investment plans desp

On April 27, 2026, the Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) held the “ANP’s New E&P Licensing Model: Partnership with B3” workshop...

At a meeting held on April 1, 2026, Brazil’s National Energy Policy Council (CNPE) approved a Resolution establishing the greenhouse gas (GHG) emissions-reduction target for the natural gas market for the year 2026, within the scope of the National Program for the Decarbonization of Natural Gas Producers and Importers

O “Brasília em Pauta” é um boletim semanal preparado pela equipe de Contencioso de Brasília, contendo os principais casos a serem julgados pelo Supremo Tribunal Federal (STF)...

On October 22 in Rio de Janeiro, Brazil's National Agency of Petroleum, Natural Gas and Biofuels ("ANP") held the public session of the 3rd Cycle of the Permanent Offer for Production Sharing regime ("OPP").

O "Brasília em Pauta" é um boletim semanal preparado pela equipe de Contencioso de Brasília, contendo os principais casos a serem julgados pelo Supremo Tribunal Federal (STF), Superior Tribunal de Justiça (STJ) e Tribunal de Contas da União (TCU), bem como importantes questões a serem votadas pela Câmara dos Deputados e Senado Federal.

O "Brasília em Pauta" é um boletim semanal preparado pela equipe de Contencioso de Brasília, contendo os principais casos a serem julgados pelo Supremo Tribunal Federal (STF),