Brazil's Petrobras posted a net loss of 17 billion reais ($2.8 billion) in its fourth quarter due to exchange rate variation ...

Petrobras announced 9.1 billion reais ($1.6 billion) in dividends on Wednesday that trailed estimates after a surprise loss ...

Tsakos Energy Navigation (NYSE:TEN) has finalized a deal for nine shuttle tanker newbuildings with Samsung Heavy Industries ...

Despite presiding over a major cut-down of Amazon deforestation, Brazil's left-wing president has raised environmentalists' ...

Brazil's state-run oil company Petrobras will invest around 5.5 billion reais ($960 million) to turn its Riograndense ...

Brazilian state-run oil company Petrobras and lender Banco do Brasil have contracted two export credit notes totaling 6.5 ...

Brazilian regulators are cracking down on some offshore drilling by Petrobras and others, and the delays threaten to ...

When you click on “Accept all”, you consent to ads on this site being customized to a personal profile we or our advertising ...

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country's ...

Brazil’s state-run oil producer Petrobras should get rid of intermediaries and sell directly to consumers in order to lower ...

Recently, we reported that Brazilian President Luiz Inacio Lula da Silva has been pressing the country’s environmental regulators to approve oil drilling near the mouth of the Amazon River, arguing ...

Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating ...