Lula calls oil near the Amazon River a passport to Brazil's future after Petrobras strikes new find - Brazil’s President Lula da Silva says oil drilling in northern coastal regions could be a ...

The Morpho well lies within the Amazon River mouth sedimentary basin at a water depth of 2,886m.

Brazilian President Luiz Inacio Lula da Silva on Monday hailed the discovery of oil near the Amazon coast as a "passport to the future," despite strong opposition to drilling in the area from ...

PBR confirms hydrocarbons at the ultra-deepwater Morpho well, adding geological insight into Brazil's Amazon River Mouth basin.

Petrobras said it discovered oil and natural gas in the closely-watched Morpho wildcat in the environmentally sensitive Foz ...

Brazil’s Petrobras is weighing whether to grant improved payment terms to Braskem on some contracts as the petrochemical producer races against the clock to find a solution for its debt woes ahead of ...

Petrobras reported it has identified the presence of hydrocarbons in an exploratory well currently being drilled in Block FZA-M-59, in deep waters off Amapá, in the Foz do Amazonas sedimentary basin ...

Brazilian President Luiz Inacio Lula da Silva on Monday hailed the discovery of oil near the Amazon coast as a “passport to the future,” despite ...

Petrobras moves to delay rig contracts as Middle East turmoil rattles oil markets and fleet plans Upstream depends on being ...

Corvus Energy has entered into a strategic partnership with Belga Marine to deliver specialized local support, expert aftermarket battery system ...

Brazil’s Petrobras has awarded US oilfield services heavyweight Halliburton a contract for the drilling and completion of four wells to serve the company’s ground-breaking carbon capture and storage ...

- Brazil's President Luiz Inacio Lula da Silva speaks during the inauguration ceremony for the new president of the state-run ...