Rystad Energy projects South America will lead non-OPEC+ oil growth through 2030, driven by deepwater investments in Brazil, ...

With COP30 just two weeks away, Brazil approved new Amazon oil drilling — reinforcing a pattern of pre-UN-summit moves that risk weakening its climate credibility.

OPEC+ on Sunday agreed to increase crude production in November by another 137,000 barrels a day, despite rising concerns of a global glut. The group of major oil-producing countries has been ...

The Organization of the Petroleum Exporting Countries and its allies agreed on a restrained oil output increase on par with earlier moves, a bet that the group can eke out more revenue without causing ...