Petrobras, Exxon Mobil Corp. and Chevron Corp. won exploration rights in Brazil’s Equatorial Margin, betting that the ...

Exxon Mobil (XOM) and Chevron (CVX) won exploration rights for several blocks in the environmentally sensitive Foz do ...

Petróleo Brasileiro S.A. - Petrobras PBR confirmed the award of a four-year contract to Prosafe for the deployment of the Safe Notos, a dynamically positioned semi-submersible flotel. This move ...

Petrobras, ExxonMobil, and Chevron have won exploration rights in Brazil’s Equatorial Margin, a frontier offshore oil region ...

Critics fear oil exploration at the mouth of the Amazon River is a step backwards from Lula’s ‘zero emissions’ goal.

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Brazil’s government announced that multiple oil companies secured the rights to develop 19 offshore oil fields near the ...

Exxon Mobil and Chevron on Tuesday took their first steps toward exploring for oil in Brazil's Foz do Amazonas basin, ...

Brazilian state-run oil firm Petrobras announced on Monday it signed contracts worth approximately 4.9 billion reais ($892.3 ...

The South American nation is drawing scrutiny for opening a large swath of ocean to oil companies as it prepares to hold the ...

Brazil has auctioned off several land and offshore potential oil sites near the Amazon River, aiming to expand production in ...

Petrobras,  Exxon Mobil Corp and Chevron Corp win exploration rights in Brazil's Equatorial Margin, betting that the nation's ...