South America / GoM

Brazil flag
Summary | Profile

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

09 Jun 25
Brazil: Petrobras signs partnership to evaluate the transformation of fishing waste into biofuels in the Legal Amazon region
Petrobras has entered into a partnership to study the transformation of fishing waste from the Legal Amazon region into energy.
04 Jun 25
Brazil: TotalEnergies increases its interest in Lapa field, offshore Brazil
TotalEnergies has announced the signature of an agreement with Shell Brasil Petróleo to exchange its 20% non-operated interest in the Gato do Mato project for an additional 3% interest in Lapa, a producing offshore oil field.
27 May 25
Brazil: Petrobras reports that the FPSO Alexandre de Gusmão has started production in the Mero field (Libra block), in the pre-salt layer of the Santo
Petrobras reports that the FPSO Alexandre de Gusmão has started production in the Mero field (Libra block), in the pre-salt layer of the Santos Basin, more than two months ahead of schedule in its Business Plan.
27 May 25
Brazil: Libra Consortium announces first oil from FPSO Mero-4 in Brazilian pre-salt
Shell Brasil Petróleo Ltda.,a subsidiary of Shell, has announced the start of production of the Alexandre de Gusmão platform vessel (FPSO – floating production, storage and offloading unit) in the Mero field, in the Santos Basin, off the coast of Brazil.
20 May 25
Brazil: Petrobras signs R$8.4 billion contract for underwater interconnection of Búzios 11 Project
Petrobras has signed an engineering, acquisition, construction and subsea installation (EPCI) contract with Subsea7 for the Búzios 11 Project, worth R$8.4 billion, as a result of a competitive contracting process.

Brazil - more news

Other countries in this region




A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 195

Completed Deals

Completed Upstream Deals: 6640

Company Profiles

Current Company Profiles: 2932

Corporate Activity

Current Corporate Activity articles: 4197

Companies Looking

Current number of articles: 466

Company Sales

Current Company Sales articles:1674

Geostudies

Current Geostudies articles: 1003

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Rose & Assocs
Borchwix
OPC
Union Jack Oil 149
Telos NRG
Merlin
Bayphase
energy365
Syntillica
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com