According to multiple sources close to the development, state-run Oil and Natural Gas Corporation (ONGC) is already in talks with Brazil’s Petrobras and London-headquartered BP Plc, in addition to ...

A partnership between Chinese and Brazilian companies in shipping and infrastructure is poised to create new opportunities ...

By Yemie Adeoye We are not a serious people! We have never been in a while, and this complete and utter lack of seriousness ...

Brazil's state-run oil firm Petrobras is weighing options for its Polo Bahia onshore oil fields, including a potential sale, ...

“Producing from Bahia Terra is expensive. When oil is $100 a barrel, it’s more viable than at $65,” Chambriard explained ...

Petrobras (NYSE:PBR) considers selling onshore operations in the Brazilian state of Bahia amid low oil prices. Read more here ...

The latest United Nations report names hundreds of corporations, banks, technology firms, universities, pension funds and ...

Since the first scientific critiques of fossil fuels, oil companies have gone from being the “wealth of nations” to ...

As oil companies push for drilling on the Amazon coast, an underwater war silences the ocean’s most vocal creatures.

Brazil’s COP30 president-designate defended the country’s plans to boost oil production, arguing it can align with long-term ...

The planned investments include 29bn reais in Petrobras CapEx and an additional 4bn reais in a project that operates with ...

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