Brazilian firms OceanPact and CBO have announced plans to combine their businesses, creating what the companies described as ...

Brazil, already South America's largest economy, is on track to become a top four global oil producer following massive ...

Several of the world's major shipping companies have announced they are avoiding the Strait of Hormuz due to the risk posed ...

Key members of the OPEC+ oil cartel announced a greater-than-expected increase to production quotas, following US and Israeli strikes on Iran.

Key members of the OPEC+ oil cartel announced a greater-than-expected increase to production quotas on Sunday following US ...

West Asia remains on edge as Israel continues to target Iran, while Tehran has vowed to take revenge for the killing of ...

As a fresh Middle East conflict risks sending oil prices sharply higher, Saudi Arabia, Russia and six other key members of ...