Annual conventional discoveries have fallen from over 20 billion boe in the early 2010s to about 8 billion boe since 2020.

Recent developments in Venezuela have potential to shift oil market dynamics & regional alliances, with economic recovery ...

Against tough odds, the European Union and four key South American countries are closer than they've been in 25 years to ...

Brazil’s biggest soy producers have withdrawn from the soy moratorium, a pledge to avoid Amazon deforestation.

Amid the current turbulent international situation, China and Brazil - both important countries in the Global South - are a ...

German Chancellor Merz and Prime Minister Modi signed agreements enhancing trade, energy, rare earth, and skills cooperation.

It comes as Russia has hit out at Donald Trump over his attack on Venezuela, carried out by the US military on Saturday. The Latin American country's president, Nicolas Maduro, and his wife, Cilia ...

Petrobras PBR, a Brazilian state-controlled oil company and its logistics subsidiary Transpetro have taken a major step ...

By Rodrigo Viga Gaier, Marta Nogueira and Fabio Teixeira RIO DE JANEIRO, Jan 6 (Reuters) - A synthetic fluid leak of about 15 cubic meters (19.6 cubic yards) has halted Brazilian state-run oil firm ...

PM Modi spoke with Brazil’s President Lula ahead of his India visit from February 19-21, 2026. The leaders aim to strengthen the India-Brazil Strategic Partnership, boost bilateral trade to $20B by ...

Even on his own terms, it is unlikely that attacks on any of these very different countries would be anything other than ...