Brazil's state-controlled oil corporation, Petróleo Brasileiro SA (Petrobras), has completed its divestment plan for 2015 by selling its 49% stake in the Gaspetro gas distribution unit worth $500m to the Japanese com ...
The semi-public Brazilian multinational energy corporation has confirmed oil discovery in Pitu area, in deep waters of Brazil's Potiguar Basin following the drilling of an extension well.
Brazil's oil-workers' union began a strike on November 1, protesting asset sales and cuts in investment on the part of Petroleo Brasileiro SA, the nation's state-owned oil company, which is seeking to reduce its enor ...
Brazil's oil-exploration and local-content policies harm oil producer Petróleo Brasileiro SA and the nation as a whole, a government-appointed member of the state-run company's board said on Tuesday in a rare show of ...
Two workers died at a construction project at a Brazilian oil terminal operated by state-run Petrobras on Tuesday, adding to a string of fatal and life-threatening accidents, a union representing oil workers said in ...
Four Petrobras oil platforms off the north-east coast of Brazil have halted production after a leak of about 44 barrels of oil was detected coming from a pipeline linking the platforms.