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

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

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 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 ...

The Brazilian oil producer has joined other majors including Exxon Mobil Corp. and Chevron Corp. who continued to reward ...

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 ...