PETROBRAS is the jewel in Brazil's crown: Latin America's most valuable enterprise, a US$100 billion oil and gas group whose crude output puts the country in the top 10 league globally,...

GENERAL Electric Co's unit Baker Hughes is preparing an offer for a production-sharing deal with Brazil's Petrobras, a Baker Hughes executive said on Tuesday, as the state-run oil company...

[RIO DE JANEIRO] In a return to its glory days, Petrobras posted its biggest profit since 2011 as rising crude prices compensated for sales disruptions during a crippling trucker strike in May.

[SAO PAULO, Brazil] State-run Brazilian oil company Petroleo Brasileiro SA (Petrobras) said on Tuesday it was suspending major asset sales after a Supreme Court justice ruled that Congress must...

BRAZIL'S state-controlled oil company Petroleo Brasileiro SA could raise around US$28 billion by selling a big stake in a key offshore oil area if Congress passes a bill allowing such a move,...

[RIO DE JANEIRO] Pedro Parente resigned as chief executive officer of Brazil's state-controlled oil company under pressure from President Michael Temer in the wake of a nationwide strike against...

BRAZIL'S President, Michel Temer, under pressure from a week-long national truckers' strike which led to fuel and food shortages, ceded to protesters' demands on Sunday and slashed the...

BRAZIL'S state-controlled oil company Petrobras yielded on Wednesday to pressure and temporarily reduced fuel prices after striking truckers threatened to paralyse airports and nationwide...

[Rio DE JANEIRO] Brazil's state-controlled oil company Petrobras yielded Wednesday to pressure and temporarily reduced fuel prices after striking truckers threatened to paralyze airports and...

[BRASÍLIA]  Brazil's truck drivers blocked major roadways around the capital of the country's largest grain state to protest increases in domestic fuel prices, affecting highways in 18...