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

Brazil is the Schrödinger’s Cat of Opec+ – it is both in the group and out of it at the same time. Last week, the South ...

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

"Petrobras doesn’t lose to anyone in deepwater exploration, without incidents occurring, so why don’t we turn it into the ...

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

SAO PAULO (Reuters) -Brazilian President Luiz Inacio Lula da Silva will meet with environmental agency Ibama this week or the ...

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.