An auction next month of oilfields in Brazil may be the priciest ever held, raising at least US$ 50 billion in licensing fees and compensation. Exxon Mobil Corp., Royal Dutch Shell Plc and other energy giants are set to vie for deep-sea deposits that could hold 15 billion barrels of oil, almost twice as much as Norway’s reserves.
Venezuela's opposition leader Juan Guaido has asked China and Russia to help end a political crisis crippling the Latin American country during exploratory talks, his diplomatic representative in Brazil said on Monday.
Brazilian President Jair Bolsonaro questioned whether a far-reaching oil spill on the nation’s northeastern shore may have been a criminal act designed to harm a major oil auction scheduled for November.
Lawmaker Eduardo Bolsonaro, son of Brazil's President Jair Bolsonaro, took over the leadership of the Social Liberal Party (PSL) in the lower house of Congress on Monday in a bruising struggle for control of the party that is not over.
Tens of thousands of Catholic faithful flocked to a football stadium in Brazil on Sunday to celebrate the Vatican's canonization into sainthood of Sister Dulce Lopes Pontes, dubbed the mother of the poor.
A push by Brazilian President Jair Bolsonaro to make his son the leader of his party in the lower house of Congress was rejected on Thursday, deepening a rift with party leaders that could further fragment the far-right firebrand's legislative base.
Brazil’s Economy Minister Paulo Guedes has canceled a trip to the International Monetary Fund’s annual meeting (IMF) in Washington, to deal with his economic agenda, the ministry said on Wednesday, as the government’s pension reform plan winds its way through Congress.
Brazilian police launched a corruption probe this week into the head of President Jair Bolsonaro’s right-wing Social Liberal Party (PSL) Luciano Bivar, a police source revealed, adding to tensions within the fractious governing coalition.
The Brazilian Tourism Board (Embratur) launched this week “The King of Rolê”, their newest international promotional campaign. The competition will encourage international visitors to compete to win a trip of a lifetime to Brazil, for 30 days, all expenses covered. “Rolê” is a Brazilian expression that loosely translates to “going for a fun walk.” Going for a “rolê” means to hang out, to make new friends and to enjoy life.
A seven-story building collapsed in northeastern Brazil on Tuesday, killing at least one person, trapping others — and drawing new attention to the unsettling frequency with which buildings in Brazil suddenly fall.