Brazil gets greenlight to join OPEC+ months ahead of hosting UN’s annual climate summit

Published On Feb 19, 2025, 3:54 AM

Brazil has officially been approved to join OPEC+, confirming its status as a significant oil exporter. The Brazilian government, led by President Luiz Inácio Lula da Silva, expressed ambitions to grow its influence and collaboration in the global energy sector despite environmental concerns. The decision to join OPEC+ comes ahead of Brazil hosting the upcoming UN Climate Change Conference and represents an important shift in its energy policy, marking its presence among major oil producers like Saudi Arabia and Russia.