Petrobas | Egypt Oil & Gas

Landmark Bill Looks to Ease Pressure on Brazil’s Petrobras

Brazil’s congress is likely to pass a landmark bill that could ease financial pressure on state-controlled oil company Petrobras by opening the country’s biggest offshore oil discoveries to greater foreign and privat ...

Brazil Debates Laws on Subsalt Oil Development

Brazilian senators on Wednesday debated alternatives to a 2010 law that requires state-run oil firm Petrobras to take a minimum 30 percent stake in new development contracts and function as operator in Brazil's subsa ...

Petrobas Finds New Oil Reservoir Off Brazilian Coast

Petrobras and a partner firm, Oil and Natural Gas Corp (ONGC), have found a new oil reservoir in deepwater offshore the Brazilian state of Sergipe on the country’s northeastern Atlantic coast.

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