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Chinese Government gives go-ahead for acquisition of Galp's Brazilian unit.

Argentina surprised the oil and finance world by 'nationalising' YPF, scuppering a potential Sinopec deal and is now looking to Brazil's Petrobras for production investment

Racing legend Ayrton Senna's first F1 car up for sale

Brazil's largest ethanol exporter has bought and Exxon-owned UK oil and chemicals business.

Two new reports show significant growth in global oil consumption and specific US demand for synthetic lubes and functional fluids.

Oil and gas finds by Repsol and Petrobras look good for Brazil's oil reserves

Brazil's oil producer declares record oil and gas levels for 2011.

Chevron has voluntarily suspended its offshore drilling operations in Brazil

Sinopec buys stake in Brazilian deep sea oil blocks.

Automaker to push for Brazilian market as domestic sales drop.

OPEC has reduced its demand forecasts for the rest of 2011 and 2012 as global economy weakens.

BP is to take complete ownership of joint venture ethanol operation Tropical BioEnergia.

ExxonMobil Chemical has broken ground on a massive base stock plant in Texas, while its Base Sock division selects new distributors around the world.

Renewable product specialists introduce a new range of Biofene-based lubricants as Albemarle helps boost base oil production

Brazil's Petrobras has approved a five year plan to include $220bn investments.

Chongqing Lifan is to set up an auto production plant in Brazil.

Statoil has made significant oil discoveries around its Peregrino Field in Brazil.

Amyris has signed a major contract for sugar-based bio-additive production