Brazilian state-run oil firm Petrobras has confirmed the presence of oil in a well at its offshore Buzios field, the firm ...

The number of active rigs drilling for oil and gas in the U.S. rose by 2 to 588 for a third consecutive weekly gain, Baker Hughes said.

Brava Energia, a Brazilian oil and gas company, has finalised a deal with global commodity trader Trafigura for the sale of ...