Rystad Energy predicts that cheap, cost-competitive oil from offshore Brazil, Guyana, Suriname, and Argentina's Vaca Muerta ...

Brazil, India, Italy and Japan vowed Tuesday to quadruple their production and consumption of renewable fuels, hoping other countries will join the pledge during UN climate talks in November. "We hope ...

Brazil set a new production record in June 2025, lifting 4.9 million BOE/day, with crude output alone hitting 3.8 million barrels per day. Petrobras plans $111 billion in investments through 2029, ...

OPEC+'s efforts to calm fears of a 2026 oil glut failed to move crude prices, which remain flat near $65 per barrel amid subdued sentiment.

Brazil is trying to build a coalition of countries, including the European Union and China, to unify carbon markets globally as it prepares to host this year’s COP30 climate summit. Officials are ...