Generating 89 per cent of Brazil’s oil and 76 per cent of its natural gas, Rio de Janeiro state rivals major oil-producing nations in output. With US$85 billion in planned energy investments through 2030, the sector is expected to create 70,000+ new jobs. At the “Power of Rio’s Oil” seminar, Energy Secretary Cassio Coelho emphasised the importance of oil and gas, stating that Rio is committed to renewable energy development. If it were a country, Rio would be the 10th…

Brazil, as the 2025 chair of BRICS, is driving discussions on modernising international financial transactions to enhance trade efficiency among emerging economies. The country is advocating for the adoption of blockchain technology to optimise contracts and payments within the group, as reported by Brasil 247, a partner of TV BRICS. This initiative is a key element of Brazil’s trade and investment facilitation agenda, one of the six priority areas under its BRICS leadership. Official sources emphasise that the plan is…

In line with global commitments to reducing greenhouse gas emissions, the Brazilian Ministry of Transport has introduced the programme, aimed at curbing pollution from freight and passenger vehicles. The programme sets out a framework for enhancing emission reduction efforts in road transport. It aims to promote national and international collaboration with public and private organisations to develop sustainable solutions, improve fuel efficiency, and align freight and passenger transport with environmental conservation goals. The initiative also aligns with the United Nations…

National Energy Council of the Federative Republic of Brazil (CNPE) has approved the decision to join the OPEC+ Charter of Cooperation among oil-producing countries. This is reported on the organisation’s website. “The decision comes after an initial announcement made by Alexandre Silveira, Minister of Mines and Energy of Brazil, at the 36th OPEC and non-OPEC Ministerial Meeting (ONOMM) on 30 November 2023,” the statement said. The OPEC press office specified that thanks to the efforts of Saudi Arabia’s Energy Minister…

Brazil is committed to strengthening democracy, leading in the energy transition, and increasing investment attractiveness. This was stated by the country’s president, Luiz Inacio Lula da Silva, during a press conference at the Palacio do Planalto, as reported by the Brazilian government’s press service. The head of state emphasised the significance of the upcoming 2025 BRICS summit and the 30th Conference of the Parties to the United Nations Convention on Climate Change (COP30). “I am not being humble when I…

The State Government of Rio de Janeiro has implemented an advanced lightning monitoring system to enhance its disaster preparedness during the summer of 2025. This is reported by Toda Palavra, a partner of TV BRICS. The State Centre for Monitoring and Early Warning of Natural Disasters has been utilising a real-time lightning visualisation tool. This system provides immediate insights into electrical discharges across municipalities, enabling precise analysis of storm patterns. By integrating lightning data with radar and satellite imagery, the…

The Brazilian Development Bank (BNDES) has approved financing of 52.3 billion Brazilian reais (US$5,65 billion) for the country’s agricultural sector in 2024, an increase of 26 per cent compared to 2023. This is reported by Agencia CMA, a partner of TV BRICS. The bank channelled funds to farmers, cooperatives and agribusinesses to increase production, buy equipment and innovate. In total, over 191.2 thousand transactions were carried out, almost 28 per cent more than the previous year. BNDES President Aloizio Mercadante…

Brazil’s shipbuilding and port sectors concluded 2024 with their most significant investment in 12 years, marking a transformative period for the country’s maritime economy. This is reported by Toda Palavra, a partner of TV BRICS. The industry has secured funding for more than 430 projects, including construction, repair, docking, equipment modernisation, shipyard expansions, and new port infrastructure. The approved funding in the last two years doubled the total prioritised during the preceding four years. Between 2023 and 2024, the number…

Brazil’s automotive sector has achieved exceptional results in 2024, recording the fastest growth among the top ten global markets, as reported by Brasil 247, a partner of TV BRICS. Vehicle sales surged by 15 per cent compared to the previous year, reaching 2.6 million units, which included passenger cars, light commercial vehicles, trucks, and buses. Investments in the industry reached an unprecedented US$29.63 billion, with US$21.40 billion contributed by vehicle manufacturers and US$8.23 billion by the auto parts sector. This…

Brazil’s oil production is expected to reach 3.6 million barrels per day (bpd) in 2025, up about 6 per cent from an accumulated average of 3.4 million bpd this year through October, according to the data from the Brazilian Petroleum Institute (IBP).  Brazil could earn 120 billion reals (US$19,4 billion) from oil in 2025, according to a study by the Brazilian Institute of Oil and Gas (IBP). This is reported by Brasil 247, a partner of TV BRICS. The calculation includes…