Brazilian oil giant Petrobras is considering a new strategy for ageing assets in the Campos basin that would see the company revitalising some production platforms to boost the lifespan of its fields ...

Brazil’s state-owned oil and gas company Petrobras and its Surinamese counterpart Staatsolie have signed a non-binding ...

Brazilian oil giant Petrobras is set to reopen a closed oil well in its large offshore Roncador field in a bid to quickly ...

A Connecticut oil and gas trader was convicted on Thursday over a nearly eight-year scheme to bribe officials at Brazil's state-owned oil company Petrobras so two Connecticut trading companies could ...

In the United States, Vallourec has established a sponsored Level 1 American Depositary Receipt (ADR) program (ISIN code: US92023R4074, Ticker: VLOWY). Parity between ADR and a Vallourec ordinary ...

Vallourec (OTCPK:VLOWY) has secured a major contract with Petrobras for supply of premium Oil Country Tubular Goods (OCTG) ...

As an oil and gas trader, Glenn Oztemel, 65, laundered money and paid bribes to Brazilian officials to secure business for Connecticut-based trading companies.

Officials say Glenn Oztemel, a Westport resident, was found guilty of bribing a Brazilian state-owned oil company to give ...

The main focus of Brazil state-run oil firm Petrobras remains in its home country, its director of exploration and production ...

Petrobras (NYSE:PBR) is studying a total of 10 opportunities to partner with oil majors including Exxon Mobil (XOM) and Shell ...

Petrobras, the Brazilian oil giant, is planning to reopen an oil well that was closed in its offshore Roncador oil field to obtain natural gas quickly.