There are currently 89 companies qualified to bid in the permanent offer round, including state oil controlled Petrobras and ...

Hindustan Oil Exploration Company Limited (HOEC) is a participant in various oil and gas blocks/ fields which are in the nature of joint operation through Production Sharing Contracts (PSC) entered by ...

Brazil's President Luiz Inácio Lula da Silva is defending oil exploration near the mouth of the Amazon River as a way to ...

Brazil's Petrobras wants to buy stakes in African oil assets, mainly in Angola, Namibia and South Africa, to boost its ...

Petrobras, the Brazilian oil company, wants to purchase stakes in African oil assets - primarily in Angola and Namibia - to increase its ...