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LNG steps in as Brazil’s gas boom masks tight marketable supply
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia, tells Petroleum Economist
Outlook 2026: South America’s oil growth story masks hidden risks
Brazil, Guyana and Argentina to lead additional crude supply increases, but the rest of the region remains patchy
Brazil could be an energy trailblazer
The oil powerhouse will not just join the top five crude exporters in the coming years, it may be a model for how petrostates balance growth, policy and sustainability
Brazil looks to solve its energy security travails
Despite significant crude projections over the next five years, Latin America’s largest economy could be forced to start importing unless action is taken
Brazil rides a production wave
Latin America’s largest economy expects big uptick in crude this year with the imminent arrival of several FPSOs
Hydrocarbon Processing Refining Databook 2025: Americas
The US and Canada are boosting capacity builds for renewable diesel and biofuels, while Central and South American countries are investing heavily to upgrade and expand their domestic refining sectors
Latin America’s evolving crude outlook
New supply from Argentina, Brazil and Guyana is rich in middle distillates, but optimism in terms of volume growth remains tempered by regulatory and technical risks as well as price volatility
Brazil awaits contentious Equatorial Margin call
Political rancour is rising as politicians appeal for environmental licence to explore the mouth of the Amazon
Brazil seeks greater oil market influence
Despite environmental criticism, President Lula sees opportunity to build bridges with OPEC+ allies
Brazilian upstream enjoys bumper year
Soaring pre-salt production sees Latin America’s largest country pull away from the local competition
Brazilian presidential candidate Jair Bolsonaro during a rally in Juiz de Fora on 6 September 2018
Brazil
Rodrigo Lucchesi
Rio de Janeiro
25 October 2018
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Brazil's energy reform at stake in election showdown

The energy sector will see a reform agenda gain momentum from a Bolsonaro win, but a change in direction if Haddad can pull off an unlikely comeback

Brazil's impending presidential election run-off offers the country's energy industry two very clear alternatives. The poll on Sunday pits a candidate committed to further rolling back the state's involvement against an opponent who advocates undoing much of the cautious progress of the current administration, towards a less state-dominated industry. The only major question mark is whether either candidate—the rightist Jair Bolsonaro, favourite after picking up 46% of the vote in the first round, or the leftist Fernando Haddad, the underdog after garnering less than 30%—pivots away from their staked-out positions towards a more centrist approach to try to ensure victory in the 28 October vot

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