Graphene-derived materials are currently studied because of their actual and projected applications. Among them, graphene oxide (GO) promises for outstanding applications as it can be prepared at large scale by simple, scalable, and low-cost techniques. The existent chemical methods based on the graphite exfoliation (phase solution and Hummers based) produce highly functionalized graphene, i.e., GO-like materials that converts into reduced GO (rGO) after a reduction treatment. The present work presents the current scenario on the GO green reduction methods, on the development of hierarchical carbon-based structures by the self-assembly of GO sheets at interfaces, and on rGObased hybrid nanocomposites. It is worth noting that, to date, the production and application of graphene-related materials are the fastest-growing research areas.