Recent developments should lead to structural changes in the natural gas industry by increasing competition through the entry of new players. However, the lack of answers to some important questions could have an opposite effect and result in...

Petrobras’ plans to sell refineries should enhance competition in the downstream market and create investment opportunities. However, the good news may be hampered by initiatives taken by Brazil’s antitrust authority CADE, which might result...

A new framework being designed to end a long deadlock between the Federal Government and Petrobras regarding the “cessão onerosa” over pre-salt layer oil fields may create a welcoming environment for foreign investment and an opportunity for...

Three cases pending decision by Brazil’s highest courts are bound to have an impact on investment decisions in the oil and natural gas industries. The decisions will affect the sale of state-owned assets and the end of vertical integration in...