O&G Newsletter – February 2026: ANP, Pre-Salt, Biomethane, and Decarbonization

February 2026 saw a number of significant regulatory developments affecting the oil, natural gas, and offshore industries. From the revision of rules governing the assignment of E&P contracts to new resolutions on decarbonization and biomethane, the month demands the attention of all industry stakeholders.


Check out the main highlights:


• Assignment of E&P contracts:
ANP opens public consultation and hearings to revise ANP Resolution No. 785/2019.
• Pre-salt: 15 new blocks included in the Permanent Production Sharing Offer (OPP), totaling 23 areas offered.
• 3rd Cycle of the OPP: 5 blocks awarded and R$ 451.5 million in committed minimum investments.
• 5th Cycle of the OPC: 34 concession contracts signed and R$ 989 million in signing bonuses.
• ABPIP: launch of the 2026 Strategic Agenda for the O&G sector.
• Decarbonization and biomethane: ANP approves resolutions on emissions targets and producer certification.
• Transportation tariffs: ANP opens public consultation on the valuation of the Regulatory Asset Base (BRA).
• Minas Gerais: state regulations on biogas, biomethane, and low-carbon hydrogen.


Read in full:

This newsletter provides information about legal developments in Brazil to clients and members of Cescon, Barrieu, Flesch & Barreto Advogados. The content included herein is not meant to provide legal advice with respect to any specific matter. We do not undertake to update, supplement or modify the information contained herein.

Share this article
Receive content from specialists at our Intelligence Center

Read also

Receive content from specialists
at our Intelligence Center

Contact
Press & Media inquiries
Marilia
(+55) 11 99617 2133
Anderson
(+55) 51 99539 1212