Huge oil reserves believed to lie off the mouth of the Amazon have sparked a bitter debate in Brazil about its role in ...

Petrobras has achieved the highest daily production rate ever recorded by one of its platforms, with the FPSO Almirante ...

Brazil's government unveiled on Wednesday a long-awaited aid package for companies hurt by steep U.S. tariffs, centered on ...

Petrobras has received authorization for a pre-operational assessment, moving closer to an exploration permit for an environmentally sensitive offshore region in the Amazon basin.

BP is not the only driller betting big on South America, which last year produced around two-fifths as much crude oil as ...

OPEC+'s recent decision to fully unwind 2.2 million barrels per day of crude oil output cuts has largely been viewed as a ...

Brazil has been more aligned with major oil producers during the current round of talks to create a global plastic pact ...

Oil stocks face poor risk-reward as oversupply and weaker demand are likely to push Brent prices down to $50 by 2026. Should ...

Senator Lindsey Graham said every country buying Russian oil and keeping President Vladimir Putin's war machine will have to ...

According to Kremlin statement, Putin and Lula reaffirmed their determination to further strengthen their countries’ ...

Valmet has entered into a strategic agreement with Petrobras, the leading energy company in Brazil, to deliver comprehensive ...

On a per-share basis, the Belo Horizonte, Brazil-based company said it had net income of 7 cents. Earnings, adjusted for non-recurring costs, were 8 cents per share. The utility posted revenue of $1.9 ...