Brazil, Brazil (AP) – On Tuesday, the Brazilian government approved participation in OPEC+, a group of major oil exporters, and key countries’ evolution just nine months before the UN’s annual climate summit was held. This signalled the oil nation.
The approval of the National Energy Policy was made in response to an official 2023 invitation. This group includes 12 members of OPEC. This includes ten more important oil producers and more important oil producers with Russia, in addition to the long-standing group established to coordinate oil production to stabilize the market. Much bigger.
Non-OPEC members agree to work with OPEC countries, but Brazil has no binding obligations such as production cuts, mines, or Energy Minister Alexandre Silveira. Participation will be limited to the OPEC and the Charter of Cooperation, the permanent forum of OPEC+ countries, which discusses industry-related issues. South American countries will not participate in the decision.
Silveira simply said that charter is a forum for discussing strategies among oil producers. We should not be ashamed of being oil producers. Brazil grows and develops revenues and employment. You need to let it go and create it.”
President Luis Inacio Lula da Silva has been working to promote himself as an environmental advocate in 2023, reducing deforestation in the Amazon rainforest and protecting indigenous rights. However, he also argues that new oil revenues can fund the transition to green energy.
Over the past few weeks he has been pressing the country’s environmental regulators to approve exploratory drilling near the mouth of the Amazon River, one of the most biodiversified regions in the world.
According to the Energy Information Agency, a US government agency, Brazil is the seventh largest oil producer in the world, accounting for around 4.3 million barrels each day, or 4% of global production. In 2024, crude oil became the country’s top export product, accounting for 13.3% of Brazil’s foreign sales, exceeding soybeans.
u..s. With nearly 22 million barrels a day, Saudi Arabia, the world’s largest producer and the largest producer in OPEC, costs around 11 million barrels.
Brazil’s move is “comprehensive and consistent,” said Luis Eduardo Duquet Ducla, petroleum expert and professor in the Department of Chemistry at the Federal University of Rio Janeiro. He said, along with OPEC+, the Energy Council has also approved the country membership of the International Energy Agency and the International Renewable Energy Agency.
“This will help us track the world’s situation in line with the growing importance of the country after developing pre-salt (offshore oil) reserves and its wind and solar energy possibilities,” he said. He told The Associated Press. He also said that Brazil would benefit from its relationships with other countries. “In the age of trade wars, information is as valuable as money.”
However, criticism is being met as Brazil prepares to host the UN climate summit known as the COP30 in November, pursuing an increase in Lula’s oil production. A central push for the annual climate consultation was to reduce the use of fossil fuels. When burned it releases greenhouse gases that heat the planet.
“The entrance to Brazil’s OPEC institutions is another sign of a government set-off,” says Suely Araújo, a spokesman for the Climate Observatory, a network of 133 environmental, civil society and academic groups. Opening new realms of fossil fuel exploration “It shows that we are choosing solutions from the past, facing major challenges to the present and the future,” Araujo said.
Associated Press Climate and Environmental Insurance receives financial support from several private foundations. AP is solely responsible for all content. Find AP standards for working with Ap.org supporters and charities, a funded coverage area.
Copyright 2025 Associated Press. Unauthorized reproduction is prohibited. This material will not be published, broadcast, rewritten or redistributed without permission.
