State-run oil firm Petrobras is worried about an upcoming change in Brazil's reference oil price that determines some taxes ...

Brazil's Petrobras cannot afford to miss out on the opportunity to sell liquefied petroleum gas (LPG), or cooking gas, as it ...

Petrobras PBR, Brazil’s state-run integrated oil and gas company, is signaling a bold shift in its ethanol strategy. According to Reuters, the company is increasingly favoring corn-based ethanol over ...

Petrobras ( NYSE: PBR) said late Monday it has no planned investments in ethanol production or distribution of the fuel with ...

Brazilian offshore services player OceanPact has been awarded four contracts with Petrobras worth a combined 3.2 billion ...

Brazilian offshore vessel owner OceanPact has won BRL 3.2bn ($585m) in charter contracts with Petrobras, the country’s ...

Petrobras has pushed back the deadline for submission of commercial bids by two and a half months in a tender for the ...

Petrobras is evaluating an investment in Brazilian sugar and ethanol producer Raizen, as part of its strategy to re-enter the ...

Petrobras operates Buzios with an 88.99 percent stake. CNOOC Ltd. owns 7.34 percent through wholly-owned subsidiary CNOOC ...

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

Brazil’s oil and gas regulator ANP has approved an 18-month extension of the exploration period for the Aram block in the ...

Petrobras has received authorization for a pre-operational assessment, moving closer to an exploration permit for an ...