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Brazil’s oil giant Petrobras saw its share price fall when Lula won the presidency, but there are plenty of reasons to be optimistic about the country’s oil industry
Washington’s ban on Russian oil imports has left a huge hole in the market, and Brazil is looking to ramp up its output in order to help ease the squeeze
Colombia’s economically-vital oil industry has struggled in recent years, but some analysts are suggesting that its offshore oil potential could rival Brazil’s
U.S. supermajor ExxonMobil has not yet struck the big oil discovery offshore Brazil, although it has spent years and billions of U.S. dollars on securing drilling rights in one of the most prolific offshore basins
Big Oil majors will bid for two exploration blocks in Brazil's prolific pre-salt zone today, with the eleven competitors including Exxon and Shell, as well as Brazilian companies