Petróleo Brasileiro S.A. - Petrobras PBR recently awarded drilling contracts to EBS Perfurações and Conterp to expand its onshore oil and gas production. The agreements, valued at approximately R$707 ...

Vaca Muerta is the world's second-largest shale gas reserve and fourth ... a major energy exporter. Meanwhile, Brazil is Latin America's largest crude oil producer, but its gas production is ...

Sao Paulo (AFP) – Brazil's president this week amped up pressure for a major oil project to go ahead at the mouth of the Amazon River, despite criticism from environmentalists as the country ...