Petrobras is close to resolving a tax dispute with Brazil regulators, allowing it to rejuvenate the Tupi oil field and boost ...

The finds by Petrobras in the Guajira Offshore Basin are estimated to hold around six trillion cubic feet (tcf) of gas in ...

Latin America's wealth of hydroelectricity and other renewable energy resources could make the region a major producer of ...

PBR plans to enter South Africa's Deep Western Orange Basin, acquiring a 10% stake in a consortium led by TotalEnergies, enhancing its exploration portfolio.

Last year, the firm ditched a more market-based pricing policy in favor of one that gave it more flexibility to smooth out ...

With global oil demand still robust, Petrobras’ ability to extend Tupi’s productivity could ensure Brazil remains a leading ...

Petrobras in 2022 found a large gas accumulation with the Uchuva-1 exploration well in the Tayrona block in the Guajira ...

The purchase of the stake in the deep water field followed a competitive process held by French oil major Total ...

Brazil’s state-controlled oil company is nearing a deal with government regulators allowing it to move forward with plans to ...

The company will further study the basin offshore Colombia, which is estimated to hold a possible 6 tcf of natural gas in place.

Petrobras has discovered massive natural gas reserves off the coast of Colombia, potentially doubling the country's gas reserves but raising questions about its energy transition plans.