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Edition of Wednesday, 11 November 2026English edition
The Geopolitician

Country risk, from the local press

Brazil · Country watch

Petrobras Profit Surges, Santos Port Cyberattack

Petrobras reports a significant profit increase; Santos Port faces a cyberattack impacting operations.

The picture Mixed How this is judged →

Business conditions in Brazil are mixed today. Petrobras's profit boost signals strength in the energy sector, while logistics face challenges due to a cyberattack at Santos Port and increased delays at Brazilian ports, affecting supply chains.

In this briefing Porto de Santos · Autoridade Portuária de Santos · Petrobras · Brazilian ports

Disruption

  • Logistics

Cyberattack hits Porto de Santos, systems recovering

a large amount of containers are stacked on top of each other
Ali Mkumbwa / Unsplash

The Porto de Santos, Brazil's largest port, experienced a cyberattack following a power outage, according to G1. The attack disrupted the port's systems, but operations continue without interruption. The Autoridade Portuária de Santos (APS) is gradually restoring online systems, with internet and phone services already back online. The Federal Police are investigating the incident. The attack highlights vulnerabilities in critical infrastructure and the importance of cybersecurity measures.

Impact Logistics operators using Porto de Santos face potential delays as systems recover from the cyberattack.

Sources: G1 ↗, A Tarde ↗, Jornal de Brasília ↗

Companies

  • Energy

Petrobras profits rise 21.5% in Q3, reaching R$39.8 billion

Part of: Petrobras reports record diesel production and rising profits →

Petrobras reported a net profit of R$39.8 billion for the third quarter of 2026, marking a 21.5% increase compared to the same period last year, according to AgenciaBrasil. The company's operational cash flow reached R$61.8 billion, driven by increased oil production and higher oil prices. Petrobras aims to end the year with an average daily production of 3.2 million barrels of oil equivalent. The results reflect the company's strong performance in a volatile market.

Impact Energy investors and stakeholders in Petrobras benefit from the company's strong financial performance and increased profits.

Sources: AgenciaBrasil ↗, Extra ↗

  • Logistics

Delays in Brazilian ports increase in Q3

The percentage of ships arriving late at Brazilian ports rose to 43.8% in the third quarter, CNN Brasil reports. Geopolitical conflicts and adverse weather conditions contributed to the delays. The increase in port delays could affect supply chains and logistics operations, emphasizing the need for improved infrastructure and contingency planning.

Impact Importers and exporters using Brazilian ports face increased delays, affecting supply chain efficiency.

Sources: CNN Brasil ↗

Nothing significant reported today in Regulation · Internal tension · Safety & health · Markets · Trade · Politics.

Also today in the local press

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

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