Articles

Brazil’s Offshore Riches

The State of the Brazilian Oil and Gas Industry Brazil’s oil and gas industry stands as a cornerstone of the nation’s economy, playing a pivotal role in its energy security, economic growth, and global trade position. With vast offshore reserves, a dominant state-owned enterprise in Petrobras, and a growing presence of international players, the industry […]

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Oil & Gas News

Brazil’s New Oil Law: What It Means for Jobs, Investment, and the Industry

Overview of Brazil’s Petroleum Industry and Law No. 15,075/2024 Brazil’s petroleum industry is a significant contributor to both the national economy and the global oil market.As of 2022, the country produced approximately 3 million barrels of oil per day, positioning it among the top oil producers worldwide.The industry is characterized by substantial offshore reserves, particularly […]

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