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March 11- PRIO, the largest independent oil and gas company in the country, ended 2025 with total revenue of US$2.5 billion, driven by a 27% increase in production and sales compared to the previous year. The performance was marked by important achievements, such as the acquisition of the Peregrino field, the development of the Wahoo... Continue Reading →
March 6 (Reuters) - The general superintendence of Brazil's antitrust watchdog CADE approved on Friday the agreement for private equity firm IG4 Capital to buy a controlling stake in petrochemical firm Braskem from conglomerate Novonor, a regulatory document showed. The agreement, which had been announced by the companies in December, was approved by the superintendence without restrictions,... Continue Reading →
March 6 - Petrobras accelerated the pace of its investments last year. In total, the company spent US$20.3 billion in 2025, a 22.2% increase compared to the previous year. Furthermore, this is the company's highest investment level since 2019. The value was also 9.7% above the forecast in the company's 2025-2029 business plan, remaining within... Continue Reading →
March 6 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), informs its investors and the market in general of the preliminary and unaudited production data for the month of February 2026. Potiguar – The decline in productivity observed in recent months reflects the shutdown of facilities in the region, resulting from the audit concluded... Continue Reading →
March 5 (Reuters) - China on Thursday released a new economic decarbonisation plan that seeks to put its carbon intensity reduction programme back on track, mainly by relying on its booming renewable sector to limit coal consumption and rein in emissions. China's new five-year plan, released on Thursday, called for it to reduce its carbon... Continue Reading →
Rio de Janeiro, March 3, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of February. Key: (1) Monthly production was impacted by isolated events, all of which have been resolved: (i) in Frade, operations were limited by... Continue Reading →
March 4 (offshoreWIND.biz) The 220 MW Kitakyushu Hibikinada, Japan’s largest offshore wind farm, commenced commercial operation on 2 March. Located in the Hibikinada Sea, off the coast of Kitakyushu City, Fukuoka Prefecture, the offshore wind farm comprises 25 Vestas V174-9.6 MW turbines, the last of which was installed in autumn 2025. The project was built... Continue Reading →
March 03, 2026 - PRIO S.A. (the “Company” or “PRIO”) (B3: PRIO3), in compliance with best corporate governance practices, hereby informs its shareholders and the market in general that, on this date, the Brazilian Institute of the Environment and Renewable Natural Resources (“Ibama”) has granted the Operating License (“LO”) for the Wahoo Field. With the... Continue Reading →
March 3 (oilprice.com) South America’s largest economy, Brazil, is on track to be a top 5 global oil producer. During 2023, Brazil received an offer to join the OPEC+ price cartel, but it took until early 2025 for the government in the capital Brasilia to accept membership. This signaled a significant change in government strategy, with... Continue Reading →
March 2 - In January 2026, Brazil produced 5.168 million barrels of oil equivalent per day (boe/d) of oil and natural gas. The data was released today by the ANP in its Monthly Oil and Natural Gas Production Bulletin. Regarding oil, 3.953 million barrels per day (bbl/d) were extracted, a decrease of 1.5% compared to... Continue Reading →
Brazil Energy Insight 