Huge oil reserves that may lie at the mouth of Amazon have sparked a bitter debate in Brazil about its role in climate ...

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 ...

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

BP is not the only driller betting big on South America, which last year produced around two-fifths as much crude oil as ...

With a Friday deadline for Russia to agree to peace in Ukraine or have its oil customers face secondary tariffs, Trump has ...

After years of pledging to cut fossil fuel output, Big Oil is pivoting back to large-scale oil and gas exploration as the ...

The BBC reported BP with its pivot hopes to increase production to between 2.3 million and 2.5 million barrels of oil per day ...

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

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

BP considers teaming with Petrobras to develop its biggest oil discovery in 25 years despite high CO2 levels raising ...

A possible partnership between BP and Petrobras to develop the British firm's oil and gas find in Brazil's pre-salt layer ...

A surge in global oil production led by Saudi Arabia will start to collide with increasingly weak demand, particularly in Asia, in the last three months of this year, the International Energy Agency ...