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

BRASILIA, Brazil — Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s evolution into a major oil state just nine months ahead of hosting the United Nations’ annual climate summit.

The National Council for Energy Policy’s approval came in response to an official invitation in 2023. The group includes the 12 members of OPEC, the longstanding group set up to coordinate oil production to stabilize markets, plus 10 more significant oil-producing nations with Russia by far the largest.

Though non-OPEC members agree to cooperate with OPEC nations, Brazil won’t have any binding obligation such as production cuts, Mines and Energy Minister Alexandre Silveira said at a news conference. The participation will be limited to the Charter of Cooperation, a permanent forum for OPEC and OPEC+ countries to discuss industry-related issues. The South American country will not participate in decisions.

Silveira called the charter merely “a forum for discussing strategies among oil-producing countries. We should not be ashamed of being oil producers. Brazil needs to grow, develop and create income and jobs.”

President Luiz Inácio Lula da Silva began his third term in 2023 touting himself as an environmental defender, and has worked to reduce deforestation in the Amazon rainforest and to protect Indigenous rights. But he has also argued that new oil revenues could finance a transition to green energy.

In recent weeks, he has pressed the country’s environmental regulator to approve exploratory drilling near the mouth of the Amazon River, one of the most biodiverse regions of the world.

Brazil is the world’s seventh-largest oil producer, with about 4.3 million barrels daily, or 4% of the world´s output, according to Energy Information Administration, a U.S. government agency. In 2024, crude oil became the country´s top export product, accounting for 13.3% of Brazil’s foreign sales, surpassing soy.

The U..S. is the world’s largest producer at nearly 22 million barrels daily, with Saudi Arabia, the largest producer in OPEC, at about 11 million barrels.

Lula’s pursuit of increased oil production has met criticism as Brazil prepares to host the UN climate summit known as COP30 in November. A central push of the annual climate talks has been to reduce the use of fossil fuels, which when burned releases greenhouse gases that heat the planet.

“Brazil’s entrance to any OPEC body is another sign of the government’s setback,” says Suely Araújo, a spokesperson of the Climate Observatory, a network of 133 environmental, civil society and academic groups. Opening up new areas for fossil fuel exploration “indicates that we are choosing solutions from the past in the face of a huge challenge for the present and the future,” Araujo said.

___

The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

Read More

  • Related Posts

    Pro-Palestine group protests outside Israeli real estate event in New York

    About 100 pro-Palestinian protesters have gathered outside a New York synagogue for the second time in six months to demonstrate against an Israeli real estate event featuring properties for sale…

    Investment group comes forward to buy the Vancouver Whitecaps

    This page either does not exist or is currently unavailable. From here you can either hit the “back” button on your browser to return to the previous page, or visit…

    You Missed

    Woke activist says ‘there’s no such thing as white face’ as she laughs off offensive Erika Kirk parody… and mocks stricken widow for ‘dressing like Janet Jackson’

    Woke activist says ‘there’s no such thing as white face’ as she laughs off offensive Erika Kirk parody… and mocks stricken widow for ‘dressing like Janet Jackson’

    Furious backlash forces Green leader Polanski to apologise for sharing criticism of Golders Green police… but he still insists there should be ‘reflection’

    Furious backlash forces Green leader Polanski to apologise for sharing criticism of Golders Green police… but he still insists there should be ‘reflection’

    Banned BMW driver who killed his girlfriend in 136mph police chase crash while 14 times drug-drive limit is jailed for more than 12 years

    Banned BMW driver who killed his girlfriend in 136mph police chase crash while 14 times drug-drive limit is jailed for more than 12 years

    Why Jeffrey Epstein took suicide-victim son of ‘peace diplomats’ under his wing, lavishing him with cash, career advice and a $5million inheritance

    Why Jeffrey Epstein took suicide-victim son of ‘peace diplomats’ under his wing, lavishing him with cash, career advice and a $5million inheritance

    Trump rages at Iran’s latest peace offering as Tehran secretly passes mystery proposal through Pakistan

    Trump rages at Iran’s latest peace offering as Tehran secretly passes mystery proposal through Pakistan

    Reform pledge to build dozens of new immigration centres in areas that vote Green

    • By admin
    • June 30, 2026
    • 4 views
    Reform pledge to build dozens of new immigration centres in areas that vote Green