Brazil to join OPEC+, group of major oil-exporting nations

Brazil Joins OPEC+ Ahead of Hosting UN Climate Summit

Brazil’s National Council for Energy Policy has approved the joining of the Organization of the Petroleum Exporting Countries (OPEC+) just months before the country is set to host the United Nations COP30 climate change summit. The approval was in response to a 2023 invitation from OPEC. “OPEC welcomes the decision approved today by the National Energy Council of the Federative Republic of Brazil (CNPE) that formally paves the way for the partic…

The Brazilian head of Energy and Mines reported that the South American giant will also be part of the International Renewable Energy Agency (Irena). Brazil’s Minister of Energy and Mines, Alexandre Silveira, announced in statements to journalists that Brazil decided to formalize its application for membership in the expanded alliance of the Organization of Petroleum Exporting Countries (OPEP+), nine months before hosting the United Nations Summ…

Brazil announces plans to join OPEC+

Brazilian authorities announced Tuesday the South American country's decision to join the Organization of 13 Petroleum Exporting Countries (OPEC) and 10 observer nations, commonly referred to as OPEC+. According to Mines and Energy Minister Alexandre Silveira, the move would in in line with Brazil's goals and would not collide with its environmental commitments. Brazil will participate in the OPEC Cooperation Charter, a forum for discussing oil m

Brazil gets greenlight to join OPEC+ months ahead of hosting UN’s annual climate summit

Brazil’s government on Tuesday gave the nation the OK to join the Organization of the Petroleum Exporting Countries (OPEC+), highlighting the South American country’s growing status as a major oil exporter. The decision, approved by the National Energy Council, comes nine months ahead of the United Nations' 30th annual Climate Change Conference, or COP30, which will convene in Belém, Brazil. OPEC+ officially invited Brazil to join the organizati…

Criticism for Brazil as COP30 host joins Opec+ oil producers

Brazil’s government yesterday approved joining Opec+, a group of major oil-exporting nations, signalling the country’s evolution into a major oil state just nine months ahead of hosting the UN’s annual climate summit.

The Brazilian government approved this Tuesday to join OPEC+, a group of oil exporting nations, which points to the country's evolution towards an important oil state, nine months before hosting the annual climate summit of the United Nations.The approval of the National Energy Policy Council came in response to an official invitation in 2023.The group includes the 12 members of the Organization of Petroleum Exporting Countries, a group created …