The federal oil company and Ibama will conduct a final simulation in Foz do Amazonas before possible drilling approval.

A third prospect, Buena Suerte-1, dubbed Good Fortune in English, was being drilled with the Noble Corporation ...

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

Brazilian state-controlled oil company Petrobras has launched a major tender calling for the decommissioning of hundreds of ...

Huge oil reserves believed to lie off the mouth of the Amazon have sparked a bitter debate in Brazil about its role in ...

BP p.l.c. (NYSE:BP) is among the 11 Best Hydrogen Stocks to Invest in Now. According to three Petrobras insiders who spoke to ...

Hanwha Ocean establishes marine plant base in Brazil to enhance market presence Hanwha Ocean aims to strengthen its foothold ...

Matthew Cowley was the Brazil bureau chief for Dow Jones Newswires. Coverage areas included the economy, politics, finance and companies, as well as general news about Latin America's largest nation.

Discover 12 under-the-radar stocks with unique investment potential, including Petrobras, IonQ, and Brookfield Infrastructure ...