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.

Oil exploration in the mouth of the Amazon Lula told Brazilian radio station Diario that he wants it to be explored, “but before exploring, we need to research and see if there is oil and how ...

Chevron said Friday that it had completed an expansion at its Tengiz oil field in Kazakhstan intended to increase production this year to around one million barrels a day, approaching 1 percent of ...

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 ...

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 ...