Brazil’s President Luiz Inácio Lula da Silva said on Monday that oil drilling in northern and northeastern coastal regions could be “a passport to the country’s future” after visiting a Petrobras ...

Environmentalists have heavily criticised the exploratory drilling in the sea off the mouth of the Amazon.

Petrobras (PBR), a Brazil-based integrated energy company, has confirmed the presence of hydrocarbons in the Morpho exploratory well in Block FZA-M-59, marking an important development in exploration ...

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 ...

State-controlled oil giant Petrobras has tightened conditions on the naphtha it supplies Braskem as the company’s financial situation deteriorated in the past few years, the people ...

According to permitting documents submitted to Brazilian federal environmental regulator Ibama and seen by Upstream, CNOOC Ltd is seeking a licence to spud up to three wells in S- ...

Indonesia should learn from Brazil’s institutions, not copy its biofuel strategy, as it builds a more resilient energy transition.

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 ...

Petrobras, Brazil's state-run oil firm, announced on Friday that it had found hydrocarbons in an exploratory well located off the coast of the Atlantic Ocean near the Foz do Amazonas Basin. In a ...

CEO Magda Chambriard says discovery confirms the region’s potential, but further studies are needed to determine commercial viability ...

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