Petrobras Settles U.S. Lawsuit with EIG for $283 Million Brazilian state-run oil giant Petrobras has reached a settlement in ...

Brazilian state-run oil firm Petrobras said on Friday its board approved an agreement to settle a U.S. court dispute with EIG ...

Brazilian state-run oil firm Petrobras announced on Friday that its management decided to terminate the sale of its shares in ...

Brazil's minister for industry and trade Geraldo Alckmin said: “These are measures to reduce prices, to benefit citizens so ...

Brazil is to slash import duties on foodstuffs ranging from sugar to sardines in a bid to control rapidly rising prices, running counter to Donald Trump’s protectionist onslaught and the spectre of ...

Raizen, a joint venture between oil supermajor Shell Plc and Brazilian conglomerate Cosan SA, has hired JPMorgan Chase & Co. to manage the sale, said the people, who asked not to be named discussing ...

Brazil's government will eliminate import taxes on products including sugar, coffee, corn and beef, part of a set of measures aimed at reducing food prices, Vice President Geraldo Alckmin announced on ...

Good afternoon and happy Thursday, readers! Congress has sent another bill to the president’s desk, this one reversing an offshore drilling rule implemented under the Biden administration. Meanwhile, ...

U.S. President Donald Trump's trade war with China will give Brazilian agricultural exporters an opportunity to take an even ...

India’s oil imports from Russia declined 14.5 per cent month-on-month to 1.43 million barrels per day (bpd), the lowest since ...

The acquisition includes four oil fields in the Espírito Santo basin (including Lagoa Parda Cluster) plus two exploration blocks adjacent to ‘major’ producers, the company ...