Energy companies operating in Brazil are expected to resume oil shipments to the United States after several oil products ...

BP's announcement on Monday of its largest global oil and gas discovery in 25 years in Brazil's offshore Santos basin bodes ...

Global oil demand is set to grow by 1.38 million barrels per day (bpd) in 2026, OPEC said on Tuesday as it raised its ...

Valmet has entered into a strategic agreement with Petrobras, the leading energy company in Brazil, to deliver comprehensive ...

Since the first big finds in the 1940s, Brazil’s politicians have vowed all of its people would benefit. But in some oil ...

BP has made its largest oil and gas discovery in 25 years offshore Brazil, it said on Monday, in a potential big boost for ...

Amid a pivot back to its fossil fuel roots and away from renewable energy, Britain's BP said it had made its largest oil and ...

The U.S. has granted a tariff exemption for Brazilian crude oil, allowing exports to resume and avoiding a trade standoff.

Even as Brazil’s oil producers won some relief after US President Donald Trump exempted the commodity from tariffs, fresh ...

Brazil was not the only country targeted for political reasons. India faces a comparable rate for buying Russian oil. Mr ...

If the licenses were suspended, related oil production could be forced to stop. In January, Rio de Janeiro accounted for 1.7 million barrels day or 67 percent of Brazil's oil and natural gas ...

Oil was lower, and Brazilian crude exports in October suggest the country’s production could fall modestly this year due to unplanned outages, a strike at Brazil’s environmental agency ...