Petrobras (PBR) , Brazil’s state-controlled oil giant, has taken a major step toward reinforcing its global energy footprint through the signing of a memorandum of understanding (MoU) with Sonangol, Angola’s national oil company. This agreement, focused on research and development (R&D) within the oil and gas sector, was formalized in May 2025 during the official state visit of Angola’s president, João Lourenço, to Brazil. Both Lourenço and Brazil’s president Luiz Inácio Lula da Silva reaffirmed their commi ...