Both US supermajors have snapped up acreage in the emerging, environmentally sensitive Brazil play as they continue building ...

Months before hosting COP30, Brazil auctioned 47 oil and gas blocks in the Amazon. Activitsts have vowed to challenge the ...

Brazil’s Lula government is pursuing new oil auctions and refinery expansions despite ambitious net-zero targets, aiming for ...

Chevron Corporation (NYSE: CVX) is among the Buffett Stock Portfolio: Top 10 Stock Picks for 2025. The oil major is seeking ...

The latest round of auctions by the ANP sparked a huge controversy regarding the environmental impact of offering exploration rights in the Foz do Amazonas basin, where two consortia, comprising ...

Chevron and ExxonMobil have successfully bid for exploration rights in Brazil's Foz do Amazonas basin, a focus of ...

Brazil's Mines and Energy Minister, Alexandre Silveira, hailed the exploration in the Foz do Amazonas as a "winning ticket" for economic growth and poverty reduction in northern Brazil.

The auction held Tuesday (Jun. 17) by the Brazilian oil authority ANP ended with 34 oil exploration blocks awarded in the basins of Parecis, Foz do Amazonas, Santos, and Pelotas—an area of ...

Brazil’s state-run oil and gas firm Petrobras has acquired 10 blocks in the Foz do Amazonas Basin and three blocks in the ...

Petrobras and Exxon bid together to win 10 blocks in Foz do Amazonas. Chevron formed a consortium with CNPC to win nine, and outbid Petrobras at some areas.

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

Exxon Mobil (XOM) and Chevron (CVX) won exploration rights for several blocks in the environmentally sensitive Foz do Amazonas basin in Brazil's latest licensing round held Tuesday. A consortium led ...