The technical staff at Brazil's environmental agency Ibama recommended that the body deny authorization for Petrobras to ...

Petrobras, the Brazilian state oil corporation, reported a disappointing fourth quarter with a net loss of 17 billion reais ...

Brazil’s Petrobras plans to invest in its giant pre-salt fields in the country’s Santos basin with a lot more focus in an ...

Brazil's Petrobras posted a net loss of 17 billion reais ($2.8 billion) in its fourth quarter due to non-recurring events, ...

Brazil’s state-run oil company is gearing up to boost production to 2 million barrels per day (bpd) at the Buzios field by ...

Shares of Brazil's state-run oil firm Petrobras fell 4% on Sao Paulo's B3 exchange as markets opened on Thursday, after analysts were caught by surprise by capital expenditure spending 15% above the ...

Petrobras is hopeful the latest floating production, storage and offloading vessel that entered operation in the giant Buzios ...

Brazilian regulators are cracking down on some offshore drilling by Petrobras and others, and the delays threaten to ...

Brazil’s government has approved joining OPEC+, a group of major oil-exporting nations. The move, just nine months ahead of ...

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 ...

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