Brazilian state-run oil giant Petrobras reported on Monday a 10.5% decrease in its total fourth-quarter oil and gas production from a year earlier, while also experiencing lower sales and exports.

Upstream oil and gas industry mergers and acquisition activity during 2024 came to a robust $105 billion in total deal value ...

PARIS (Reuters) - French oil major TotalEnergies reported a 15% drop in fourth-quarter earnings on Wednesday, closing out a year marked by low oil prices and weak fuel demand that were partially ...

Petrobras increased its proven oil and gas reserves by 500 million barrels in 2024 and plans to invest $111 billion in exploration and production over the next five years.