Protesters in Rio against privatizing the pre-salt - Tânia Rêgo/ABr

Oil Multinationals Might Soon Have a Bigger Piece of Brazil’s Offshore Pie

Brazil’s House of Representatives is ready to vote on whether to privatize the country’s ...

Brazilian Petrobras

Brazil’s Oil Field Libra Will Cost US$ 80 Bi do Develop

Brazil’s biggest oil field, Libra, will cost US$ 80 billion to develop, according to ...

Chevron Brazil

Brazil Bans Chevron from Drilling in the Country While Spill Is Investigated

The ANP (National Petroleum Agency), Brazil’s oil regulator announced it is suspending the drilling ...

Chevron's spill

Chevron Expected to Pay US$ 100 Million in Fines for Spilling Oil Off Rio’s Coast

Brazil’s National Petroleum Agency (ANP), the Brazilian Institute of Environment and Natural Resources (IBAMA) ...

Brazilian Petrobras

In a Decade Brazil’s Petrobras Jumps from 27th to 3rd Place in the World

Based on market capitalization, the prestigious PFC Energy 50 list of the world’s biggest ...

Brazil's OGX

Brazil Finds Huge Gas Field Enough to Supply 30% of Country’s Demand

Brazil’s oil and gas company OGX informed the press that a new onshore field ...

Petrobras's platform 33

Petrobras Ordered to Shut Down Platform Despite Claims There’s No Safety Problem

Petrobras, Brazil’s government controlled oil and gas multinational, admitted Monday that minor conservation problems ...

Brazil ethanol

Brazil and the New Economic Miracle. The US Has a Lot to Learn!

When the sovereignty wealth funds of the world (including countries such as China, Saudi ...