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Brazil is set to join the OPEC+ alliance, as announced by Pietro Mendes, Secretary of Oil, Gas, and Biofuels at Brazil’s Ministry of Mines and Energy, at the World Economic Forum in Riyadh. As the ninth-largest oil producer, Brazil aims to enhance global oil market cooperation while increasing its renewable energy efforts and reducing emissions. Mendes highlighted partnerships with Egypt and Saudi Arabia in biofuels and technology. Joining OPEC+ will boost Brazil’s influence in global energy policies, balancing its oil production with renewable energy initiatives, and impacting global energy dynamics and technological collaboration.

Brazilian Energy Official From Riyadh: ‘We are on our way to join OPEC+’

Brazil is set to join the OPEC+ alliance, as announced by Pietro Mendes, Secretary of Oil, Gas, and Biofuels at Brazil’s Ministry of Mines and Energy, at the World Economic Forum in Riyadh. As the ninth-largest oil producer, Brazil aims to enhance global oil market cooperation while increasing its renewable energy efforts and reducing emissions. Mendes highlighted partnerships with Egypt and Saudi Arabia in biofuels and technology. Joining OPEC+ will boost Brazil’s influence in global energy policies, balancing its oil production with renewable energy initiatives, and impacting global energy dynamics and technological collaboration.

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