[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...

BRAZIL fuel imports are set to fall from a record as the country's state-owned oil company lowers prices in a bid to regain market share...

[BRASILIA] Aldemir Bendine, the former chief executive of state-controlled oil firm Petroleo Brasileiro SA and Banco do Brasil, was found guilty on Wednesday of corruption charges and sentenced by a...