Oil & gas production in Brazil: emitters, CO2 & carbon value

17 tracked facilities, ≈53,013,359 t CO2/yr combined — here are the largest, what that CO2 is worth at current prices, and the sector's reduction pathway. Full sector pathway: decarbonizing oil & gas production.

The numbers

Oil & gas production in Brazil at a glance

Metric	Value	Note
Facilities tracked	17	with CO2 estimates
Total est. CO2	53,013,359 t/yr	Climate TRACE 2023
Average per facility	3,118,433 t/yr
Indicative carbon value	€4,103M/yr	at €77.4/t EUA

Carbon pricing here: SBCE national ETS signed into law 2024 — regulated phase ramping up this decade (World Bank State & Trends of Carbon Pricing 2025 / ICAP 2025). Current benchmark: no liquid market price. Full country page: carbon price in Brazil.

Largest emitters

Top 10 oil & gas production CO2 emitters in Brazil

#	Facility	Owner	t CO2/yr (est. 2023)	Indicative value
1	Brazil_Santos_Deepwater	Shell PLC	36,601,087	€2,832.9M
2	Brazil_Campos_Deepwater	Petróleo Brasileiro SA	8,906,929	€689.4M
3	Brazil_Solimoes_Conventional onshore	—	1,292,448	€100.0M
4	Brazil_Campos_Heavy oil	—	1,210,787	€93.7M
5	Brazil_Reconcavo_Conventional onshore	Petroreconcavo SA	1,168,766	€90.5M
6	Brazil_Potiguar_Conventional onshore	Petroreconcavo SA	1,073,672	€83.1M
7	Brazil_Campos_Conventional shelf	—	724,013	€56.0M
8	Brazil_Sergipe - Alagoas_Conventional onshore	—	583,218	€45.1M
9	Brazil_Santos_Conventional shelf	—	315,331	€24.4M
10	Brazil_Parnaiba_Conventional onshore	—	309,904	€24.0M

Climate TRACE satellite estimates via IndustryAtlas — modelled, not verified; some entries aggregate clusters. Corrections welcome.

⬇ This table (CSV)🖨 PDF for management

Inzonex removable modular insulation on industrial equipment

Cut the tonnes at the source

Hot industrial equipment? Cut the heat loss.

Boilers, kilns, heat exchangers, valves and steam lines lose energy continuously. Inzonex makes patented (UK GB2508992.1) removable modular insulation — snap-fastened covers engineered per temperature tier, not generic off-the-shelf jackets:

Up to 90% less heat loss from insulated surfaces
Surface temperature ≤45 °C — touch-safe for workers (EN ISO 13732-1)
6× faster maintenance access than fixed cut-and-weld lagging — unclips and refits in minutes, no destruction
Inspectable — comes off to check for corrosion under insulation, then refits like-new (generic jackets often don't survive removal)
Typical payback under 2 years (some 9–11 months)

See Inzonex process-equipment insulation →Run the savings study

Same industry, other countries

Oil & gas production in United States

712,998,435 t CO2/yr

Oil & gas production in Russian Federation

515,555,902 t CO2/yr

Oil & gas production in Iran

292,069,171 t CO2/yr

Oil & gas production in Canada

252,343,963 t CO2/yr

Oil & gas production in Saudi Arabia

201,877,662 t CO2/yr

Other industries in Brazil

Iron & steel in Brazil

51,090,171 t CO2/yr

Cement in Brazil

31,605,568 t CO2/yr

Oil refining in Brazil

24,157,564 t CO2/yr

Aluminium in Brazil

16,651,226 t CO2/yr

Pulp & paper in Brazil

14,117,127 t CO2/yr

FAQ

Questions

How many oil & gas production facilities does Brazil have with tracked emissions?

17 facilities carry satellite-based CO2 estimates in our dataset (Climate TRACE 2023), totalling ≈53,013,359 t CO2/yr.

What is the largest oil & gas production emitter in Brazil?

Brazil_Santos_Deepwater — ≈36,601,087 t CO2/yr (est. 2023). Estimates are modelled, not verified declarations.

What would this CO2 cost at the EU price?

≈€4,103M per year at €77.4/t — indicative full-price value; actual cost depends on free allocation and the local instrument.

How this page is built: heat-loss figures follow ASTM C680 / ISO 12241 (the method behind our public calculators); facility emissions from Climate TRACE & EU ETS verified data across 30,000+ industrial sites; the 2026–2034 schedule is Regulation (EU) 2023/956, not a forecast. Published by Inzonex — manufacturer of modular removable insulation (UK Patent GB2508992.1). Spotted an error? Tell us — we correct on evidence.