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

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

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

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 ...

Months before COP30, Brazil's president Lula da Silva seeks the expedited approval of a controversial oil drilling project in ...

Brazil has officially approved joining OPEC+, aligning itself with the world’s major oil-exporting nations just months before ...

Turkey has yet to receive confirmation from Iraq on the resumption of oil flows through the Iraq-Turkey pipeline, Turkish ...

Brazil's government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country's evolution into a major oil state just nine months ahead of hosting the United ...

Brazil has joined OPEC+ two years after the group extended an invitation, but its membership will not be binding with regard to production cuts, the country’s energy minister said.

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...