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 ...

Petrobras (NYSE:PBR) -4.6% post-market Wednesday after saying it plans to distribute 9.1B reais (~$1.6B) in ordinary ...

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

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

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

In recent years, Petrobras has been resorting to awarding engineering, procurement, construction and installation (EPCI) ...

Brazil's state-run oil company Petrobras will invest around 5.5 B reais ($960 MM) to turn its Riograndense refinery into the country's first biorefinery.

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

an area of oil reserves formed by a layer of sedimentary rocks and located in ultra-deep waters off the Brazilian coast, between 5,000 and 7,000 meters deep. In a statement, Petrobras reaffirmed ...

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