Brazil's former president Luiz Inacio Lula da Silva is warning that the Petrobras corruption probe is paralyzing the Brazilian economy.
China's CNOOC and CNPC, Anglo-Dutch giant Royal Dutch Shell and France's Total joined Brazilian state operator Petrobras on Monday in winning production rights to the huge "Libra" Atlantic oilfield.
Brazil's oil giant Petrobras announced a new crude find Friday off the country's northeastern coast.
Brazil President Dilma Rousseff Monday accused the United States of spying on oil giant Petrobras for its own "economic and strategic" reasons -- not for national security.
The US government spied on Brazilian state-run oil giant Petrobras.
Brazil's state-run energy giant Petrobras said Tuesday it aims to triple oil production from its huge deep-water fields by 2017.
Brazil's state-owned energy giant Petrobras said Tuesday it will deploy the world's first floating oil terminal capable of refueling tankers on the high seas.