brazil

  SAO PAULO, August 17 (Reuters) – A Brazilian judge sentenced Nestor Cervero, former international chief of state-run oil firm Petrobras, to just

  By Caroline Stauffer Aug 14 (Reuters) – Prosecutors and federal police in Brazil have unearthed the country’s largest-ever corruption

  By Juan Pablo Spinetto (Bloomberg) — Out in the Atlantic Ocean, 130 miles off the coast of Brazil, an oil ship the length of New York City’s

  By Katerina Petroff (Bloomberg) — Royal Dutch Shell Plc obtained regulatory approval from Brazil to buy BG Group Plc, clearing another antitrust

Brazil's state-run oil company Petrobras slashed its long-term spending plan to the lowest level in eight years on Monday as new management moved to reduce the

Brazil's state-run oil company Petrobras will likely delay details of major cuts to its $221 billion five-year spending plan until July, two sources said, when

by Juan Pablo Spinetto (Bloomberg) Prumo Logistica SA, the Brazilian port developer controlled by private equity investors EIG Global Energy Partners LLC, rose

by Sabrina Valle (Bloomberg) Prosecutors investigating Brazil’s largest corruption scandal say they notified the U.S. Department of Justice of evidence that

Brazil's state-run oil company Petrobras canceled leases with Schahin Petroleo e Gas SA for five offshore oil drilling and production vessels after a cash

There’s a growing chorus of lawmakers advocating a bigger role for foreign oil companies in Brazil’s prized deepwater discoveries as the national producer

The mayor of Santos suspended on Friday operations at a fuel storage warehouse in Brazil after a week-long fire at the facility operated by Ultracargo slowed

A fire at a fuel storage facility run by Ultracargo near Santos, Brazil's largest port, spread further on Saturday as it entered its third day despite

Eighty firefighters were battling a fire at a fuel tank storage facility run by Ultracargo near Brazil's port of Santos, Latin America's largest, the local

BW Offshore has confirmed that the remaining three missing crew have been recovered from its Cidade de São Mateus FPSO, bringing the total official number of

Brazil's oil regulator ordered state-run oil company Petrobras to study ways to boost output on a floating natural gas and oil production ship a week before a

Five people were killed and four are missing following an explosion Wednesday aboard a FPSO in Brazil.

Petroleo Brasileiro SA halted drilling at its largest oil discovery in deep waters, two people with knowledge of the matter said, underscoring the technical

The 6.3 billion reais ($2.4 billion) Acu port project in Rio de Janeiro state is the brainchild of Brazil’s most famous entrepreneur, Eike

Cyprus-based Ocean Rig UDW Inc said on Monday that it signed a $1.1 billion three-year contract with Brazil's state-run oil company, Petroleo Brasileiro SA, to

A laden product tanker remains aground in the middle of the Amazon River for a seventh day following futile attempts to free the