News & Analysis as of

Brazil Natural Gas Energy Policy

Mayer Brown

Provisional Measure Limits the CDE Budget and Creates Rebalancing Mechanism

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On July 11, 2025, the Brazilian government published Provisional Measure No. 1,304/2025 (MP), introducing significant changes to the Brazilian energy sector. Below, we highlight the main points proposed in the MP....more

Mayer Brown

New Federal Decree Regulates Renovabio Penalties

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On April 17, Federal Decree No. 12,437/2025 (the “Decree”) was published, regulating recent amendments to the National Biofuels Policy (Renovabio) introduced by Law No. 15,082/2024. The Decree aims to strengthen oversight...more

Mayer Brown

New Decree Regulating the Gas Law Published

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On August 27, 2024, Brazilian President Luiz Inácio Lula da Silva signed five documents at a ceremony to approve the national energy transition policy: (i) revoking Decree 9.928/19, which established the Technical Committee...more

Mayer Brown

When the Going Gets Tough the Tough get Going: Brazil Oil & Gas Thrives Despite the Pandemic

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Annus horribilis. This is a moniker that oil and gas insiders might well apply to 2020 given the disastrous effects on the industry from Covid-19 pandemic (“Pandemic”) and its accompanying recession which brought a...more

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