Union Oil Auction Set for July 2026

 PPSA confirmed it will market 106.5 million barrels of Union-owned oil at the 6th Union Oil Auction, scheduled for 29 July 2026 at B3 in São Paulo. Volumes include 64 million barrels from Mero and 21.5 million from Búzios, alongside additional batches from Bacalhau, Itapu, Sépia and Atapu. Liftings are planned throughout 2027, except Bacalhau, which begins in August 2026. The announcement was made during the PPSA Technical Forum 2025 in Rio.