Exxon, Chevron, and others are increasingly eyeing South America for low-cost, low-emission production as shale basins mature ...

BRASILIA, Brazil (AP) — Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s evolution into a major oil state just nine ...

Brazil’s government on Feb. 18 approved joining OPEC+, signaling the country’s evolution into a major oil state just nine months ahead of hosting the United Nations’ annual climate summit.

The U.S. is leading a revival of exploration and drilling in the Western Hemisphere.

“Brazil’s entrance to any OPEC body is another sign of the government’s setback,” says Suely Araújo, a spokesperson of the Climate Observatory, a network of 133 environmental, ...

Effective Jan. 1, 2024, South America's largest country will join the Organization of Petroleum Exporting Countries (OPEC), Brazil's Minister of Mines and Energy Alexandre Silveira announced this ...

OPEC+ is pushing barrels into a market that is widely expected to be oversupplied later in the year. Brent oil futures have ...

Of all the goals US President Donald Trump has set in his norm-shattering second term, the goal of restoring what he calls ...

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s evolution into a major oil state just nine months ahead of hosting the ...

“Brazil’s entrance to any OPEC body is another sign of the government’s setback,” says Suely Araújo, a spokesperson of the Climate Observatory, a network of 133 environmental, ...

BRASILIA, Brazil (AP) — Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s evolution into a major oil state just nine ...