Brazilian state-run oil company Petrobras is set to revise its five-year strategic plan due to lower Brent crude oil prices, ...

Brazil's Petrobras has reported a 48.6% increase in net profit to 35.2bn reais in the first quarter of 2025 compared with the ...

Environmentalists slammed the president of Brazil’s state-run oil company Petrobras, Magda Chambriard after she echoed the ...

Brazil's Petrobras on Monday posted a net profit of 35.2 billion reais ($6.21 billion) for the first quarter, up 48.6% from a ...

Petrobras chief executive Magda Chambriard said the Brazilian state-controlled company is committed to the energy transition ...

The Brazilian state-controlled oil producer approved dividends slightly below expectations amid a trade war that has created ...

Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, ...

The discovery was made at the exploratory well 3-BRSA-1396D-SPS in the Aram block, 248km from Santos, São Paulo, Brazil.

Talks underscore Brazil’s growing reliance on Chinese yards, even as Petrobras and Brazilian government seek new partnerships ...

Magda Chambriard made the remarks Tuesday during the Offshore Technology Conference, in Houston. In a video obtained by the Brazilian newspaper Valor Economico and published Friday, Chambriard is ...

FILE - Magda Chambriard, the new president of the state-run oil company Petrobras, attends her inauguration ceremony in Rio de Janeiro, Brazil, June 19, 2024. (AP Photo/Bruna Prado, File ...

Traders are selling Venezuelan crude oil as Brazilian to China to avoid US sanctions and reduce transportation costs.