Chairperson Chapo to participate in oil forum in Brazil and UN Assembly in the USA
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Noticias ao Minuto
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Chairperson Chapo to participate in oil forum in Brazil and UN Assembly in the USA

In a statement, the President of Mozambique announced that Daniel Chapo will be the keynote speaker at the Oil and Gas Forum 2026 in Rio de Janeiro on Monday. The event is held under the slogan 'Energy Evolution for the Future.'

The Mozambican Ambassador to Brazil, Alexandre Manjate, noted that Chapo intends to deepen cooperation with the South American country in the field of deep-water oil and gas exploration. This will be achieved through knowledge exchange and the creation of investment partnerships.

He emphasized that Mozambique's participation in the Forum provides an opportunity to demonstrate national potential and study the experience of other countries in hydrocarbon extraction, especially those examples that can contribute to the development of the sector in Mozambique.

Manjate commented on Brazil, stating: 'Brazil's experience is interesting. We have linguistic, cultural, and human similarities, and Petrobras [the Brazilian oil and gas company] conducts deep-sea oil and gas exploration. It has a unique specialization, and Mozambique shares similarities in terms of the location of our resources in the open sea. Brazil has been doing this for a long time; it has one of the best technologies for it.'

Brazil is seeking new structures for cooperation in this hydrocarbon sector and for identifying new investment opportunities.

The event is organized by the Brazilian Institute of Petroleum, Gas and Biocomponents (IBP) and brings together various participants from the global energy industry, including companies such as TotalEnergies, Shell, and Petrobras, according to the Presidency's report.

The same presidential message indicates that the President of Mozambique will undertake a three-day working trip to New York on Monday to participate in the 81st session of the United Nations General Assembly. The session is dedicated to the theme 'Restoring Trust, Managing Transformation: A United Nations that Benefits All.'

During the working trip, Daniel Chapo will take part in the General Debate of the 81st session of the General Assembly, as well as in other high-level events. The Presidency emphasizes that this annual meeting brings together world leaders and represents a chance to reaffirm commitment to multilateralism and renew global commitments to solving contemporary world problems.

The Presidency's statement says: 'The President's participation in these meetings aligns with Mozambique's efforts to strengthen international cooperation and participate in discussions on energy issues, sustainable development, and the main challenges of the global agenda, always taking Mozambique's interests as the common denominator.'

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Venezuela participates in G20 energy ministers' meeting in the USA
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Venezuela participates in G20 energy ministers' meeting in the USA

The meeting of major global economies began on Monday in Houston, Texas, and will continue until Wednesday. Interior Secretary Doug Burgum stated that the meeting is particularly promising as Venezuela and Poland are present alongside honored guests.

He added that in the coming days, participants will hear speeches from Venezuelan ministers, who will discuss one of the main goals of US President Donald Trump—to make America a center for accessible, reliable, and safe energy. Jared Agen, White House advisor on energy issues, was also present with him.

Particular attention was drawn to the presence of the Venezuelan mining sector minister, Hector Silva. Since the arrest of Venezuelan President Nicolas Maduro by North American armed forces in January, Donald Trump has sought to revive the production of Venezuela's oil reserves, which are the largest in the world.

The Republican announced on August 28 an agreement he called historic with Caracas, allowing Washington to take control of 17 Venezuelan oil fields. The potential production is estimated at 65 billion barrels. Doug Burgum stated on Monday that this agreement 'will bring huge long-term benefits to the United States.'

Many American refineries were designed to process Venezuelan crude oil, but in recent years they have been without it due to sanctions and supply problems. Flows resumed in 2026, reaching levels unseen in eight years, but they remain modest compared to the peak of the late 1990s.

Donald Trump expects the new hydrocarbon flow to compensate for supply chain disruptions caused by the war against Iran, which led to price increases. The US government also emphasized on Monday the importance of Venezuela's coal deposits—a highly polluting energy source that the Administration seeks to resume by canceling some emission measures at power plants that same day.

According to Doug Burgum's office, responsible for federal lands management and exploration, Washington and Caracas 'aim to conclude new energy agreements,' highlighting the participation of American companies in the G20 Energy sector that 'massively produced Venezuelan coal for 25 years.' Burgum added that as Venezuela's power grid recovers, more electricity will be needed for local consumption, which can be supplied by coal.

The war initiated by the US and Israel against Iran has restricted hydrocarbon exports in the Middle East and caused fuel prices to soar. According to the American Automobile Association, the average price per gallon (3.78 liters) of diesel fuel in the US exceeded $6.23, a record high. Meanwhile, gasoline is 44% more expensive than before the conflict.

Inflation is making Republicans fear a heavy defeat in the November midterm elections, while Donald Trump indicated on Wednesday that the war with Iran 'will end immediately' after the vote.

Nevertheless, on Monday, the head of state assured that Kyiv and Moscow agreed not to attack enemy energy infrastructure any further, a day after criticizing Ukraine for attacks on Russian oil refineries, which he accused of causing a 'diesel shortage.' Russia, as a G20 member, confirmed its presence in Houston this week after a multi-year absence due to the war in Ukraine.

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