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

Nippon Steel Finalizes Purchase of U.S. Steel After Reaching Security Deal With Trump Administration Nippon Steel has finalized its acquisition of U.S. Steel, days after securing a national-security ...

Offshore accommodation firm Prosafe has confirmed the contract with Petrobras for its Safe Notos semi-submersible ...

Petróleo Brasileiro S.A. - Petrobras PBR has signed three major contracts worth around $892 million with Consag Engenharia to complete Train 2 at the Abreu e Lima Refinery (RNEST) in Pernambuco, ...

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

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

While claiming leadership on the international climate agenda at the pre-COP30 climate conference in Bonn, Germany, the ...

The Portuguese energy company said it will own a 30% stake in the blocks alongside Brazil's Petrobras, which will own 70% and be the operator. The concessions in the Pelotas basin were granted by the ...

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

Brazil sold extraction rights to 19 oil and gas blocks near the mouth of the Amazon river Tuesday, at an auction slammed by ...

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