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Brazil Oil Discovery

Oil Reserves Discovered Off Brazilian Coast

AP | Posted 12.23.2013 | World

SAO PAULO — SAO PAULO (AP) — Brazil's National Petroleum Agency says large reserves of oil are located off the coast of the northeastern state...

2012's Top 5 Oil & Gas Plays

Jen Alic | Posted 12.19.2012 | Green
Jen Alic

2012 has been a stellar year for oil and gas. From East Africa to North America, new technology, major new discoveries, an unparalleled appetite for exploration and a metamorphosing perception of risk have changed the playing field.

Petrobras Strikes Oil in Western Brazil -- Bye Bye Amazon?

John C.K. Daly | Posted 04.10.2012 | Green
John C.K. Daly

The Amazon is a unique biosystem, whose global impact is only beginning to be understood -- would it be worth opening these up for a paltry 5,300 bpd?