Brazilian state energy giant Petrobras (NYSE: PBR) has announced a new oil discovery in the pre-salt Santos Basin, identifying “high-quality oil without contaminants” at the 3-BRSA-1396D-SPS ...

Brazilian state-owned oil company Petrobras announced Friday that it has found oil of "excellent quality and free of contaminants" in the pre-salt layer of the Santos Basin. The well, 3-BRSA-1396D ...