Rio Market Briefing

This session will explore how ongoing global geopolitical shifts and the current energy crisis are shaping upstream strategies, with a regional emphasis on Latam’s (and Brazil's) unique advantages and opportunities for new exploration and production investments.

Spaces are limited – first come, first served.

This session will explore the intersection of Brazil’s evolving automotive market and its critical minerals industry, with a focus on how EV and hybrid growth may influence supply chains, production, and long-term sector outlooks.

This session brings together senior executives from leading Brazilian corporates, energy firms, financial institutions, and investors to examine the convergence of physical climate risk, datacenter growth, and energy security. The discussion will focus on how intensifying extreme weather events—particularly flooding and heat stress—are reshaping the risk profile and financial exposure of hard-to-abate assets, including the impacts on agriculture, as a direct feed to energy security. Participants will assess the implications for evolving risk profiles, impacts to energy access and security, resource trade-offs balancing efficiency and use, and strategies to build more resilient datacenter infrastructure, in a climate vulnerable energy landscape. With the growth of datacenters in Brazil and Latin America, energy access and security concerns are compounded, as are operational risks. 

Brazil's 2026/27 soybean season faces a dual threat that could send shockwaves through global agricultural markets. A strong-to-super El Niño forecast brings substantial yield risk, while phosphate supply disruptions and high prices are set to curb crop investments. These factors could trigger a significant production drop in the world's largest soybean exporter and support prices. Meanwhile, comfortable US grain stocks and positive production prospects in Argentina — which typically benefits from El Niño — could partially offset losses, shifting competitiveness toward Argentina and the US

How have Brazilian fuel markets reacted to soaring international prices driven by the Middle East war, amid government subsidies and growing biofuel blend? This panel will discuss finished diesel and gasoline pricing trends stemming from those fundamentals, plus how Brazil tackles those effects with strong ethanol and biodiesel production and usage and what to expect.

Brazil's power market is at an inflection point. Renewable growth has transformed the supply mix, while distributed generation, demand growth, curtailment, grid constraints, and the need for firm capacity are reshaping the value of electricity. In this new environment, auctions are doing more than contracting supply. They are revealing what the market believes the system needs, what investors are willing to build, and how reliability is being

Global gas markets are becoming more prone to price swings as geopolitical disruptions shift supply conditions toward a coming period of abundance, yet volatility remains as countries double down on energy security. Against this backdrop, Brazil’s 2026 capacity auction is reshaping gas demand by valuing operational flexibility and accelerating the move toward fast-start peaking assets. Meanwhile, the Sergipe-Alagoas project has reached final investment decision, and planned regasification expansions broaden delivery options. Given that national gas prices are linked to international benchmarks, how will Brazil balance flexibility needs, infrastructure build-out, and supply growth?