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PEMEX, Petrobras to Explore Ultra-Deep Pre-Salt Formations
By Fernando Mares - Thu, 08/20/2026 - 13:09
PEMEX and Petrobras team up to assess 160-million-year-old pre-salt formations off Campeche.
https://mexicobusiness.news/tag/luiz-inacio-lula-da-silva
More Oil & Gas
PEMEX, Petrobras Sign Two-Year MoU
By MBN Staff - Wed, 06/24/2026 - 13:06
Petrobras and PEMEX have signed a two-year Memorandum of Understanding to pursue strategic and technical cooperation across the oil and gas sector.
PEMEX-Petrobras Exploration Agreement / USMCA Preservation
By Fernando Mares - Thu, 06/11/2026 - 11:18
President Sheinbaum announced a deepwater exploration pact between PEMEX and Petrobras following a call with Brazilian President Lula da Silva.
Greenland, Geopolitical Tensions Propel Metals to Historic Highs
By Fernando Mares - Fri, 01/23/2026 - 08:48
Geopolitical instability and the US stance on Greenland drove gold to US$4,877.00/oz and silver to US$95.71/oz this week. This is the week in mining!
US, Brazil Seek Rare Earths Partnership
By Fernando Mares - Tue, 01/20/2026 - 10:15
The US and Brazil explore a rare earth partnership to counter their reliance on China. Experts suggest this creates opportunities for Latin America.
COP30 Faces Backlash Over 1,900 Fossil and Agribusiness Lobbyists
By Duncan Randall - Fri, 11/28/2025 - 15:02
COP30 saw over 1,900 fossil-fuel and agribusiness lobbyists attend, drawing criticism from civil society and climate advocates.
Germany Commits €1 Billion to Brazil’s Global Rainforest Facility
By MBN Staff - Wed, 11/26/2025 - 12:49
Germany has committed €1 billion to Brazil’s Tropical Forest Forever Facility (TFFF), a global mechanism that rewards rainforest conservation.
US Drops Tariffs on Brazilian Coffee Amid Trade Negotiations
By MBN Staff - Wed, 11/26/2025 - 11:21
The Trump administration rolled back a 40% tariff on Brazilian coffee and other agricultural imports, easing pressure on US prices.

Fire at COP30 Halts Negotiations During Final Stretch
By MBN Staff - Fri, 11/21/2025 - 14:20
A fire at the COP30 venue abruptly halted negotiations during the final phase of climate talks, forcing delegates to suspend deliberations.

Mexico, Brazil Bolster Trade Relations Amid US Tariff Strain
By José Escobedo - Thu, 08/28/2025 - 18:09
On Thursday, Alckmin is expected to participate in forums in Mexico City bringing together about 250 business leaders from both countries.
Mexico Hosts 22 Nations to Advance Regional COP30 Agenda
By Duncan Randall - Wed, 08/27/2025 - 09:55
Ministers from 22 nations met in Mexico City to align regional climate strategies ahead of COP30 in Brazil.