Both US supermajors have snapped up acreage in the emerging, environmentally sensitive Brazil play as they continue building ...

Researchers found human and animal remains inside, suggesting complex funerary rituals of an unknown Amazonian culture.

Chevron and ExxonMobil have successfully bid for exploration rights in Brazil's Foz do Amazonas basin, a focus of ...

Exxon Mobil and Chevron on Tuesday took their first steps toward exploring for oil in Brazil's Foz do Amazonas basin, ...

Petrobras, Exxon Mobil Corp. and Chevron Corp. won exploration rights in Brazil’s Equatorial Margin, betting that the ...

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Brazil’s Lula government is pursuing new oil auctions and refinery expansions despite ambitious net-zero targets, aiming for ...

The IDB’s approval includes an initial sovereign-guaranteed loan of $30 million to the state of Amazonas, making it the first ...

Petrobras, ExxonMobil, and Chevron have won exploration rights in Brazil’s Equatorial Margin, a frontier offshore oil region ...

The Inter-American Development Bank (IDB) approved a conditional credit line of $2 billion to strengthen fiscal management in ...

Critics fear oil exploration at the mouth of the Amazon River is a step backwards from Lula’s ‘zero emissions’ goal.

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