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Lula’s government pushes for new oil drilling in the Amazon – where it plans to host COP30
Months before COP30, Brazil's president Lula da Silva seeks the expedited approval of a controversial oil drilling project in ...
Brazil's Petrobras, Banco do Brasil contract export credit notes for $1.14 billion
Brazilian state-run oil company Petrobras and lender Banco do Brasil have contracted two export credit notes totaling 6.5 billion reais ($1.14 billion), Petrobras said on Thursday.
Brazil’s Lula backs oil exploration in the Amazon ahead of hosting UN climate talks
Brazil's President Luiz Inácio Lula da Silva is defending oil exploration near the mouth of the Amazon River as a way to ...
Brazil gets greenlight to join OPEC+ months ahead of hosting UN’s annual climate summit
Brazil will be joining the Organization of the Petroleum Exporting Countries, or OPEC+, highlighting the South American country’s growing status as a major oil exporter.
Brazil's Petrobras announces fresh oil discovery in Buzios field
Brazilian state-run oil firm Petrobras has confirmed the presence of oil in a well at its offshore Buzios field, the firm ...
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Brava tackles Papa Terra issues while eyeing production ramp-up offshore Brazil
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Brazil to join the OPEC+ group of major oil-exporting nations
Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...