U.S. oil company Chevron discovered an oil seep in an offshore Brazilian oil field run by Petrobras near the site of a November leak that led to civil and criminal charges and sparked concerns about some of the world ...
Chariot Oil & Gas notes that its partners in Southern Block 2714A, Petrobras and BP Exploration (Namibia), have completed a transaction whereby BP has acquired a further 20% equity interest in Block 2714A from Petrobras.
Petrobras said Friday that the company's second well drilled in areas acquired from the government in 2010 confirms the discovery of high-quality crude.
Brazilian state-run Petroleo Brasileiro, or Petrobras, completed its four-tranche $7 billion bond deal in the U.S. credit markets Wednesday, according to a person familiar with the deal.
Petrobras announces the discovery of a new light oil and natural gas accumulation in the Golfinho Concession (4-BRSA-1001-ESS). The discovery was made during drilling of well 4-GLF-31-ESS, known as Tambuata. The well ...
The state-run oil companies of Brazil and Russia signed a memorandum of understanding Saturday to identify possible areas of cooperation on natural gas projects.