Brazil is the world’s seventh-largest oil producer, with about 4.3 million barrels daily, or 4% of the world´s output, according to Energy Information Administration, a U.S. government agency.

Brazil's decision to join the OPEC+ cooperation charter seeks to expand dialogue on the oil market and promote biofuels, while not officially joining the cartel. Minister Silveira intends to use ...

Brazil’s government on Tuesday gave the nation the OK to join the Organization of the Petroleum Exporting Countries (OPEC+), highlighting the South American country’s growing status as a major ...

“The meeting welcomed H.E. Alexandre Silveira de Oliveira, Minister of Mines and Energy of the Federative Republic of Brazil, who will join the OPEC+ Letter of Cooperation as of January 2024 ...

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"We should not be ashamed of being oil producers," said Brazil's energy minister, Alexandre Silveira, upon announcing the country's plans to join Opec+. "Brazil needs to grow, develop and create ...

Eight OPEC+ countries unexpectedly agreed on Thursday to advance their plan to phase out oil output cuts by increasing output ...

"We should not be ashamed of being oil producers," said Brazil's energy minister, Alexandre Silveira, upon announcing the country's plans to join OPEC+. "Brazil needs to grow, develop and create ...

Once a climate champion, Brazil's president, Luiz Inacio Lula da Silva, is pushing for more oil drilling, even as the country prepares to host the UN climate ...