New Federal Decree Regulates Renovabio Penalties
By EsqSocial Corporation 06/05/25
On April 17, Federal Decree No. 12,437/2025 (the “Decree”) was published, regulating recent amendments to the National Biofuels Policy (Renovabio) introduced by Law No. 15,082/2024. The Decree aims to strengthen oversight mechanisms regarding compliance by fuel distributors, as well as to improve the handling of related administrative proceedings before the Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP)....
By: Mayer Brown