Traders have been rebranding Venezuelan oil exports as Brazilian bitumen in a bid to keep tankers heading to China. Reuters ...

Petrobras said it will revise its five-year strategic plan, as lower crude prices will require cost-cutting where possible ...

Petrobras CEO Magda Chambriard said this Tuesday (13) that the falling oil prices present a challenging scenario, which will ...

Brazilian state-run oil company Petrobras said on Tuesday it will revise its five-year strategic plan due to lower crude ...

Brazil's Petrobras has reported a 48.6% increase in net profit to 35.2bn reais in the first quarter of 2025 compared with the ...

Brazil's Petrobras on Monday posted a net profit of 35.2 billion reais ($6.21 billion) for the first quarter, up 48.6% from a ...

The Brazilian state-controlled oil producer approved dividends slightly below expectations amid a trade war that has created ...

Brazil's Petrobras on Monday posted a net profit of 35.2 billion reais ($6.21 billion) for the first quarter, up 48.6% from a ...

Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, ...

The discovery was made at the exploratory well 3-BRSA-1396D-SPS in the Aram block, 248km from Santos, São Paulo, Brazil.

Traders are selling Venezuelan crude oil as Brazilian to China to avoid US sanctions and reduce transportation costs.

Over the past year, more than $1 billion in Venezuelan oil shipments to China has been relabeled as Brazilian crude by ...