PBR wins approval for three Foz do Amazonas wells, advancing Morpho appraisal and offering new clues on its offshore resource potential.

Brazil's Ibama environmental regulator authorized Petrobras to drill three more wells in the Foz do Amazonas Basin in the ...

Brazilian oil production and exports have hit record highs this year, largely due to increased demand from China as the ...

The new authorization comes after Petrobras’ recent oil discovery in the Amazon and will determine if it’s commercially ...

Halliburton HAL and Petrobras PBR are expanding their long-standing relationship through a new contract focused on carbon capture and storage (“CCS”) infrastructure in Brazil. The company has won a ...

Brazilian state-run oil firm Petrobras has increased the average price of jet fuel sold to distributors by 13.9%, or 0.68 real per liter, starting Tuesday, the firm said in a statement.

Petrobras (PBR) has suspended studies for a planned $1B natural gas pipeline linked to a deepwater project in Brazil's Sergipe state, as the company reassesses its investment amid regulatory ...

The Morpho well is located 175km off the coast of Amapá and 500km from the mouth of the Amazon River. Credit: Petrobras. · Offshore Technology · Petrobras. Petrobras has discovered hydrocarbons in an ...

By Newsbase analysts Brazil’s state-run energy firm Petrobras is examining the possibility of exporting LNG to markets in ...

Environmental organizations have raised concerns that a recent partnership between the state petrochemical companies of ...

SAO PAULO — Magda Chambriand, the head of Brazil’s state-run oil giant Petrobras, said the country must decide between moving away from fossil fuels and preserving tax revenue from the sector.