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
| 27 Mar 26 |
Brazil: Petrobras announces new oil discovery in the pre-salt layer of the Campos Basin Petrobras has identified the presence of excellent quality oil in the pre-salt layer of the Campos Basin, in an exploratory well drilled in the Marlim Sul field. Well 3-BRSA-1397-RJS is located 113 km off the coast, at a water depth of 1,178 meters. |
| 24 Mar 26 |
Brazil: Equinor starts drilling major gas development in Brazil Equinor has started the drilling phase for the Raia project in the pre salt of the Campos Basin, Brazil. The Valaris DS-17 drillship started drilling operations, today 24 March. This marks a key milestone for the partnership as the project progresses towards planned start up in 2028. |
| 23 Mar 26 |
Brazil: Equinor strengthens integrated power portfolio in Brazil Equinor has acquired the ready to build 230 MW Esquina do Vento onshore wind complex from Vestas. With this investment Equinor expands its broad energy offering in Brazil, further strengthening its integrated power portfolio for long-term growth in one of the company’s core markets. |
| 23 Mar 26 |
Brazil: Equinor and Rio Energy order Vestas turbines for the 230 MW Esquina do Vento Wind Project in Brazil, fully developed by Vestas Equinor, through its subsidiary Rio Energy, acquires the 230 MW Esquina do Vento wind project from Vestas, the global leader in wind energy solutions, and signs a turbine supply agreement with Vestas for the project, which is located in the state of Rio Grande do Norte, northeast of Brazil. |
| 19 Mar 26 |
Brazil: Baker Hughes, Petrobras sign Strategic Service Agreement for critical turbomachinery equipment Baker Hughes has announced a substantial 60-month service award from Petrobras to support critical turbomachinery equipment for Brazil’s offshore operations as well as a major refinery. This agreement reinforces Baker Hughes’ commitment to lifecycle services, maintaining the performance and reliability of up to 64 aeroderivative gas turbines installed across several sites that are critical to Petrobras’ production continuity. |
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
