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
| 13 Nov 25 |
Brazil: PXGEO secures two OBN seismic acquisition contracts with Petrobras PXGEO has been awarded two significant contracts from Petrobras-led consortia, to deliver seismic data acquisition and monitoring services in the Santos Basin, offshore Brazil. The deal further extends the business’ presence in Brazil. |
| 12 Nov 25 |
Brazil: Petrobras' P-79 platform leaves South Korean shipyard bound for Brazil The P-79 floating production, storage and offloading (FPSO) vessel left the Hanwha Ocean shipyard in Geoje-Si, South Korea, November 11th, bound for the Búzios field in the pre-salt layer of the Santos Basin. |
| 12 Nov 25 |
Brazil: Equinor transfers operatorship of Peregrino to PRIO Equinor has closed the sale of a 40% operated interest in the Peregrino field in Brazil to PRIO. Following this transaction, PRIO assumes full operatorship of the field. Equinor has received a total payment of USD 2.33 billion for its 40% operated interest. |
| 11 Nov 25 |
Brazil: Statkraft delivers on climate ambitions: Opens new solar and hybrid plants in Brazil Statkraft, Europe’s largest producer of renewable energy, inaugurates new solar farms and batteries at the climate summit COP30 in Belém. The hybrid projects are utilising some of the world’s best solar and wind resources in Brazil to cut emissions and deliver on the Summit’s call for more climate action. |
| 10 Nov 25 |
Brazil: Petrobras and Amazônica Energy sign first contract for small-scale LNG commercialization from the Urucu field Petrobras and Amazônica Energy have signed the first contract for the sale of natural gas from the Urucu Cluster for the small-scale commercialization of liquefied natural gas (LNG). The agreement inaugurates a new stage in the monetization of reserves in the Solimões Sedimentary Basin and marks an advance for the natural gas market in the state of Amazonas. |
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
