Business

Brazil’s changing energy landscape

brazil energy production

The past few weeks have been disruptive for the energy sector in Brazil. One of the country’s most strategic has been rocked by a series of events, including the announcement of a new plan to promote a sharp drop in gas prices, Petrobras’ discoveries of major oil and gas reserves in Sergipe, and the privatization of BR Distribuidora—Brazil’s largest fuel distributor—the first in what is expected to be a series of divestments. 

The measures are part of Economy Minister Paulo Guedes’ plan to make Brazil more competitive by way of what he calls a “shock of cheap energy,”...

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