Petrobras has announced the discovery of good quality oil in the third well drilled in the Santos Basin pre-salt cluster's Sul de Guara region. According to the Rights Transfer contract, Petrobras is entitled to prod ...
Brazilian state-run energy giant Petroleo Brasileiro, or Petrobras, will invest $500 million in Argentina this year in an effort to boost production, Mines and Energy Minister Edison Lobao said Friday.
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.