Brazil oil regulator ​ANP said on ‌Thursday it has kicked off an ​inspection into ​state-run oil firm Petrobras' ⁠auctions of ...

Brazilian President Luiz Inacio Lula da Silva said on Thursday the government will seek ​to annul an auction at which ...

As a state-controlled company explores for oil in the fragile Equatorial Margin the government struggles to balance its ecological promises with fossil fuel expansion. In Oiapoque, the stakes could ...

Bermuda-based drilling contractor Transocean has unveiled a new charter agreement in Norway and a pair of contract extensions in Brazil worth approximately $1 billion in incremental firm backlog.

ExxonMobil has conducted its maiden oil transshipment offshore Brazil, marking the first time the US supermajor carried out ...

Petroleo Brasileiro (NYSE:PBR) is among the must-buy non-tech stocks to invest in now. On March 26, UBS boosted its price ...

Cross‑Atlantic energy partnerships are materializing into strategic ventures that could reshape offshore development across ...

Transocean (RIG) stock surged 6.5% Thursday after securing approximately $1B in new drilling contracts and retiring $358M in ...

By Lucinda Elliott and Eliana Raszewski MONTEVIDEO/BUENOS AIRES, April 2 (Reuters) - The global surge in fuel prices is ...

Production reached 5.304 million barrels of oil equivalent per day (boe/d), a measure that includes both oil and natural gas.

Canadian naval architect firm Robert Allan Ltd. has developed a new design for a series of pushboats that will support ...

Transocean's Deepwater Orion was awarded a 1,095-day contract extension with Petrobras, which is expected to contribute $420 million in incremental backlog and commit the rig through March 2030. Prior ...