Petrobras unveiled plans to invest ~$5.5B in refining and petrochemicals in Brazil's Rio de Janeiro state that align with the ...

Brazil’s state-controlled oil producer Petrobras announced on Thursday about 30 billion reais ($5.5 billion) in refining and ...

Brazil, Argentina, and Nigeria are pumping oil. Why the big push now when OPEC+ has to restrain spare capacity?

The Bureau of Land Management announces public comment is open for proposed oil and gas leasing and development on more than ...

Petrobras, a cornerstone of Brazil’s economy, is also at the centre of high-stakes tension within Lula’s administration, which aims to leverage oil revenues for economic growth while ...

Petrobras, the Brazilian state-run oil company, is setting its sights on Africa as its primary region for oil exploration activities outside its home country, reported Reuters, citing the company ...

In an interview on Wednesday (May 14), at the end of his visit to China, President Luiz Inácio Lula da Silva highlighted the importance of the trip to expanding partnerships between the Brazilian and ...

The hypocrisy of Lula’s claims that the oil project will finance an energy transition sacrifices the opportunity offered by COP 30 for Brazil to assume a leadership role in fighting global warming.

Brazil’s Lula backs oil exploration in the Amazon ahead of hosting UN climate talks by: FABIANO MAISONNAVE, Associated Press Posted: Feb 12, 2025 / 04:11 PM EST Updated: Feb 12, 2025 / 04:11 PM EST ...

So far, Lula has not hurt PBR, we continue to get hefty dividends including special dividend payments, and PBR is not “turning green” but rather upping its oil production via new investments ...

The Upper Zakum Oil Field, the world’s second-largest offshore oil field, is located approximately 50 miles northwest of the United Arab Emirates (UAE) in the Persian Gulf. The field holds an ...

There, Lula watched a demonstration of the Marlim Field in 3D, with its geological features. OTC AWARD – During their visit to the NVC, Lula and his entourage saw a presentation about the latest ...