Months before COP30, Brazil's president Lula da Silva seeks the expedited approval of a controversial oil drilling project in ...
Brazilian President Luiz Inácio Lula da Silva is pushing to approve exploratory oil drilling at the mouth of the Amazon River ...
Brazil's President Luiz Inácio Lula da Silva is defending oil exploration near the mouth of the Amazon River as a way to ...
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 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 government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...
Brazilian state-run oil firm Petrobras expects to boost diesel output by some 120,000 barrels per day (bpd) this year as it ...
Brazil is the world’s seventh-largest oil producer, with about 4.3 million barrels daily, or 4% of the world´s output, according to Energy Information Administration, a US government agency.
As Middle Eastern crude prices have increased, Chinese refiners have increased purchases of Brazilian and West African crude.