South America / GoM
Country profile: Brazil
| Location: | Eastern South America, bordering the Atlantic Ocean |
| Climate: | mostly tropical, but temperate in south |
| Terrain: | mostly flat to rolling lowlands in north; some plains, hills, mountains, and narrow coastal belt |
| Size: | 8511965 sq. km total (Land area: 8456510 sq. km Water area: 55455 sq.km) |
| Population: | 191,908,598 |
| Languages: | Portuguese (official and most widely spoken language); note - less common languages include Spanish (border areas and schools), German, Italian, Japanese, English, and a large number of minor Amerindian languages |
| Government: | federal republic |
| Capital city: | Brasilia |
| Legal system: | based on Roman codes; has not accepted compulsory ICJ jurisdiction |
| Currency: | real (BRL) |
| Licensing: |
Country profile
Brazil is the 10th largest energy consumer in the world and the third largest in the Western Hemisphere, behind the United States and Canada. Total primary energy consumption in Brazil has increased significantly in recent years. In addition, Brazil has made great strides in increasing its total energy production, particularly oil, over the past decade. Increasing domestic oil production has been a long-term goal of the Brazilian government.
The largest share of Brazil’s total energy consumption comes from oil (48 percent, including ethanol), followed by hydroelectricity (35 percent) and natural gas (7 percent). The large share of hydroelectricity in Brazil’s energy mix represents the dependence of electricity generation on hydroelectric dams. Natural gas is currently a small share of total energy consumption, but attempts to diversify electricity generation from hydropower to gas-fired power plants should cause natural gas consumption to grow in coming years.
Energy production and consumption
| Oil | Gas | |
| Production: | 1 million bbl/day (2006 est.) | 9 billion cu m (2005 est.) |
| Consumption: | 2 million bbl/day (2006 est.) | 17 billion cu m (2005 est.) |
| Exports: | 278,400 bbl/day (2005) | |
| Imports: | 674,500 bbl/day (2004) | 8 billion cu m (2005) |
| Reserves: | 13 billion bbl (2007 est.) | 312 billion cu m (1 January 2006 est.) |
| Major fields: |
Brazil - recent news
| 18 Dec 25 |
Brazil: Petrobras and Lightsource bp announce the signing of a strategic partnership in the renewable energy segment in Brazil Petrobras and Lightsource bp have announced the signing of an agreement to establish a strategic partnership in the onshore renewable energy segment. Under the agreement, Petrobras will acquire 49.99% of Lightsource bp's subsidiaries in Brazil. |
| 18 Dec 25 |
Brazil: DOF Group announces seven new contract extensions in Brazil DOF Group has announced seven new contract extensions in Brazil. Five of DOF's Brazilian-flagged AHTS vessels, all with ROVs on board: Skandi Fluminense, Skandi Paraty, Skandi Angra, Skandi Urca and Skandi Iguaçu, have had their current contracts with Petrobras extended until Q1 2027. |
| 17 Dec 25 |
Brazil: Casa dos Ventos and Vestas announce new partnership for the 828 MW Dom Inocêncio Wind Complex in Brazil Casa dos Ventos, one of Brazil’s largest renewable energy companies, and Vestas, the global leader in wind energy solutions, have announced a new stage in their business partnership for renewable projects in Brazil, with the 828 MW order for the Dom Inocêncio wind complex. |
| 15 Dec 25 |
Brazil: Petrobras and Shell Brazil launch Carbon Countdown, the largest carbon stock inventory ever conducted in the country Petrobras and Shell Brasil have launched the Carbon Countdown, the largest project ever undertaken to measure, in a standardized way and on a national scale, the carbon stocks above and below ground in all terrestrial biomes of the country. |
| 15 Dec 25 |
Brazil: BW Energy signs long-term lease for the Maromba drilling and wellhead platform BW Energy has announced that the short-term lease for the Super Gorilla class jack- up rig BW MAROMBA B signed in September 2025 has been successfully converted into a long-term project lease agreement with Minsheng Financial Leasing Co. |
Brazil - more news
Other countries in this region
- Argentina,
- Aruba,
- Bahamas,
- Barbados,
- Belize,
- Bermuda,
- Bolivia,
- Canada,
- Chile,
- Colombia,
- Costa Rica,
- Cuba,
- Dominican Republic,
- Ecuador,
- Falklands,
- French Guiana,
- Grenada,
- Guatemala,
- Gulf of Mexico,
- Guyana,
- Honduras,
- Jamaica,
- Mexico,
- Nicaragua,
- Panama,
- Paraguay,
- Peru,
- Suriname,
- Trinidad,
- Uruguay,
- USA,
- Venezuela
