The decision ... formally paves the way for the participation of Brazil as a Member of the Charter of Cooperation between oil ...

Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating ...

OPEC+ output cuts have been in place for a long period of time, but continued demand growth makes OPEC+ relevant for years to ...

Brazil's oil regulators have temporarily halted several drillship operations, potentially impacting the country's expected ...

Output for December 2024 was revised higher by 59kb/d and November 2024 output was revised higher by 54 kb/d compared to last ...

Just nine months ahead of the annual United Nations Climate Change Conference or COP30, Brazil has joined OPEC+, an alliance of major oil-exporting nations, reinforcing the country’s ...

OPEC and its allies face a tricky dilemma: should they start loosening oil production caps even though the crude supply and ...

The oil and gas sector remains a cornerstone of the global economy, driving industries from transportation to manufacturing.

Brazil's accession was announced a day after President Luiz Inácio Lula da Silva visited Riyadh, where he was welcomed by Saudi Crown Prince Mohammed bin Salman Effective Jan. 1, 2024, South ...

Brazil to Join Major Oil Exporting Countries in OPEC+ Group | Vantage with Palki Sharma | N18G Brazil is set to join OPEC+, a ...

Brazil is the Schrödinger’s Cat of Opec+ – it is both in the group and out of it at the same time. Last week, the South ...