Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating ...

Brazil's state-run oil company Petrobras will invest around 5.5 billion reais ($960 million) to turn its Riograndense ...

Petróleo Brasileiro S.A. - Petrobras PBR has taken a significant step toward sustainability and secured $1.1 billion in funding from Banco do Brasil. The deal is structured as two credit notes and a ...

Brazilian President Luiz Inácio Lula da Silva pointed out that his country would rely on fossil fuels to finance the ...

Brazilian state-run oil firm Petrobras expects to boost diesel output by some 120,000 barrels per day (bpd) this year as it ...

Brazil's Petrobras wants to buy stakes in African oil assets, mainly in Angola, Namibia and South Africa, to boost its ...

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Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country's ...

Brazil’s state-run oil producer Petrobras should get rid of intermediaries and sell directly to consumers in order to lower ...

Recently, we reported that Brazilian President Luiz Inacio Lula da Silva has been pressing the country’s environmental regulators to approve oil drilling near the mouth of the Amazon River, arguing ...

Brazil's President Luiz Inácio Lula da Silva is defending oil exploration near the mouth of the Amazon River as a way to ...

Brazil's state-run oil company Petrobras will invest around 5.5 B reais ($960 MM) to turn its Riograndense refinery into the country's first biorefinery.