Brazilian state-owned oil company Petrobras and its partners will invest around $1.5 billion to implement decarbonization technology in one of its fields, informed the company’s CEO

Exxon Mobil Corp sees its investments in Brazil’s offshore helping the company achieve a goal of lowering carbon emissions in its oil and gas production, country head Juan Lessmann said

Oil production in Brazil rose 4.6% in April from March, figures from the ANP national oil regulator showed, the second monthly rise in a row, led by rising output from Petrobras and Royal Dutch Shell

Brazil’s state-run oil company reported a steep net loss for the first quarter of the year and warned more heavy losses were on the horizon because of the coronavirus pandemic