XOM and CVX expand in Brazil with new offshore blocks, sparking environmental backlash over Amazon rainforest proximity.

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

Two major charterers appear to have timed moves in the tanker period charter arena nicely as spot rates soar due to Middle ...

Swiss Prosecutors Expose Illegal Transfers Switzerland has fined Pictet Bank, one of the country’s oldest private banks, for ...

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

Meanwhile, the state-run company is expanding its exploration portfolio in Brazil, where it is also making progress in downstream activities.

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

Brazil auctioned off several land and offshore potential oil sites near the Amazon River on Tuesday. It aims to expand ...

Petrobras, U.S. companies Exxon and Chevron, and Chinas CNPC paid $153 million to seek reserves in a controversial area ...

Brasilandia (Brazil) Jun 18 (AP) Brazil auctioned off several land and offshore potential oil sites near the Amazon River on Tuesday as it aims to expand production in untapped regions despite ...

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 ...