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Brazil will drill: why a global transition leader is set on oil and gas expansion

Source: Offshore Technology

CEII brief

Offshore Technology reported on 19 Oct 2026: Brazil will drill: why a global transition leader is set on oil and gas expansion.

Brazil leads in clean energy but – whether Lula or Bolsonaro wins – the next government will charge ahead with oil and gas expansion.

— Offshore Technology
Read the full story on Offshore Technology

Context from CEII

Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.

77.4% of electricity in Brazil was renewable in 2021

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Original reporting © Offshore Technology. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.

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