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

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, ...

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 ...

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

XOM and CVX expand in Brazil with new offshore blocks, sparking environmental backlash over Amazon rainforest proximity.

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Petrobras,  Exxon Mobil Corp and Chevron Corp win exploration rights in Brazil's Equatorial Margin, betting that the nation's ...

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

Exxon Mobil (XOM) and Chevron (CVX) won exploration rights for several blocks in the environmentally sensitive Foz do ...

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