Exxon Stock Slips After Earnings. The CEO Might Have Spooked Investors. Second-quarter earnings of $1.64 a share at the oil giant top analysts' estimates. The solar energy company posted ...

Perenco Brazil acquired Cherne and Bagre field concessions in Campos basin from Petróleo Brasileiro SA (Petrobras).

BP has a long way to go, but its quarterly profits show the British oil giant is heading in the right direction.

BP's announcement on Monday of its largest global oil and gas discovery in 25 years in Brazil's offshore Santos basin bodes ...

A stiff increase in U.S. tariffs on Brazilian exports is expected to sharply reduce U.S. imports of beef, prompting sourcing ...

BP has achieved a monumental milestone by uncovering the most significant oil and gas reserve in the past quarter-century.

Swiss-headquartered drilling contractor Transocean is confident dayrates for high-specification rigs will increase in the ...

Amid a pivot back to its fossil fuel roots and away from renewable energy, Britain's BP said it had made its largest oil and ...

Meanwhile, the price of futures contracts of WTI crude oil for September 2025 delivery was down by 0.98% at $65.52 per barrel ...

Secondary sanctions and tariffs against those that are buying Russian oil - an obvious step to try and bring this war to an end, Matt Whitaker noted ...

Petronas is seeking to sell its 50% stake in Brazil’s Tartaruga Verde oil field for up to $1 billion as it evaluates global ...