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Brazil's move to increase the level of biofuels mixed into fossil fuels in the country is positive and could reduce gasoline ...

Geospace surged 200% after a Petrobras contract award, but experts urge caution as shares now trade at a premium. Read here ...

Months before hosting COP30, Brazil auctioned 47 oil and gas blocks in the Amazon. Activitsts have vowed to challenge the ...

Brazil's Petrobras is closely monitoring geopolitical tensions in the Middle East, which have pushed global oil prices higher ...

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Petróleo Brasileiro S.A. - Petrobras PBR confirmed the award of a four-year contract to Prosafe for the deployment of the Safe Notos, a dynamically positioned semi-submersible flotel. This move ...

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

Petróleo Brasileiro S.A. - Petrobras PBR has signed three major contracts worth around $892 million with Consag Engenharia to complete Train 2 at the Abreu e Lima Refinery (RNEST) in Pernambuco, ...

Brazil has auctioned off several land and offshore potential oil sites near the Amazon River, aiming to expand production in ...