BP's announcement on Monday of its largest global oil and gas discovery in 25 years in Brazil's offshore Santos basin bodes ...

Amid a pivot back to its fossil fuel roots and away from renewable energy, Britain's BP said it had made its largest oil and ...

BP has made its largest oil and natural gas discovery in 25 years off the coast of Brazil, it said Monday, in a potential big ...

(Reuters) -BP said on Monday it has made its largest oil and gas discovery in 25 years in Brazil's Santos basin, a so-called ...

Since the first big finds in the 1940s, Brazil’s politicians have vowed all of its people would benefit. But in some oil ...

The Brazilian oil industry is facing a period of uncertainty after shipments to the US were suspended following President ...

Brazil was not the only country targeted for political reasons. India faces a comparable rate for buying Russian oil. Mr ...

The U.S. has granted a tariff exemption for Brazilian crude oil, allowing exports to resume and avoiding a trade standoff.

Brazilian President Luiz Inacio Lula da Silva on Friday vetoed some provisions of a bill that would have made it easier for ...

Even as Brazil’s oil producers won some relief after US President Donald Trump exempted the commodity from tariffs, fresh ...

With a Friday deadline for Russia to agree to peace in Ukraine or have its oil customers face secondary tariffs, Trump has ...

Today, the pre-salt region accounts for almost half of Brazil's oil production, and is rising fast. Success there has piqued interest in other offshore regions of Brazil, including Foz de Amazonas.