Petrobras S.A. PBR, the Brazilian state-owned oil and gas company, has stated that it intends to purchase stakes in certain oil assets in Africa. The company mentioned that it is targeting oil assets, ...

The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle.

Exxon Mobil Corporation XOM, the U.S.-based oil and gas giant, and its consortium partners, including Hess Corporation and CNOOC, have sought environmental permits from Guyana regarding new ...

HAL secures its largest drilling contract from Petrobras for several offshore fields in Brazil, expanding its drilling ...