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
| 04 Dec 25 |
Brazil: Shell grows interest in Atapu and Mero units offshore Brazil Shell, has secured additional equity in Brazil’s pre-salt oil projects following an auction led by Pré-Sal Petróleo. Together with Petrobras, Shell Brasil deepened its stake in Atapu and Mero units located in the offshore Santos Basin. The increased working interest is expected to take effect from 2027. |
| 03 Dec 25 |
Brazil: Acteon inks three-year Petrobras contract for enhanced mooring asset integrity Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a three-year contract by Petrobras. Intermoor will deliver comprehensive quality assurance and traceability services across Petrobras’ extensive inventory of critical mooring components. |
| 02 Dec 25 |
Brazil: Petrobras advances in expanding the capacity of RNEST Petrobras celebrates, in Ipojuca (PE), the expansion of the processing capacity of the Abreu e Lima Refinery (RNEST), with the construction of the second set of units (train 2). |
| 01 Dec 25 |
Brazil: Petrobras announces approval of the redetermination of the Tupi Shared Field |
| 01 Dec 25 |
Brazil: Petrobras approves Business Plan 2026-2030 Petrobras has approved the 2026-2030 Business Plan (PN 2026-30). In the PN 2026-30, Petrobras maintains the strategies defined in the Strategic Plan 2050 (PE 2050) and reaffirms its vision of being the best diversified and integrated energy company in generating value. |
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
