Brazilian oil company Petrobras said on Wednesday it had notified the country's energy policy council it would exercise its preferential rights to acquire the Jaspe oil block.

Petrobras (PBR), in a $70M deal with Solstad Offshore, secures state-of-the-art vessels, boosting operational efficiency and advancing Brazil's offshore energy sector.

Petrobras (PBR) expects to acquire stakes this year in Brazil's onshore wind and solar projects to create a 2GW renewable energy portfolio by the end of 2024.

Petrobras (PBR) closed at $15.66 in the latest trading session, marking a -0.51% move from the prior day.

Brazil's state-run oil firm Petrobras will this year start buying stakes in domestic onshore wind and solar projects to create a roughly 2 gigawatts (GW) renewable energy portfolio, the firm's chie...

Petrobras demonstrates operational excellence and financial resilience, with record production levels and efficient refining processes. The company is committed to sustainability and diversificatio...

The latest trading day saw Petrobras (PBR) settling at $16.34, representing a +0.55% change from its previous close.

Petrobras (PBR) eliminates foreign solar and wind investments. It aims to invest $5.2 billion in Brazil green energy projects by 2028, emphasizing job creation and sustainability.

Brazil's state run oil firm Petrobras has ruled out investing in wind and solar power abroad, deciding instead to focus on building a portfolio of local greenfield projects, energy transition head ...

Petrobras (PBR) and Diamond Offshore extend their offshore alliance as the Ocean Courage rig, equipped to drill in 10,000 feet of water, begins a four-year mission in Brazilian waters.

Petrobras (PBR) seeks maintenance services by issuing tenders for the critical Alberto Pasqualini (Refap) Refinery, advancing operational efficiency in its strategic move.

Petrobras (PBR) partners with Honeywell UOP to implement cutting-edge HEFA technology at the Presidente Bernardes Refinery.

Petrobras' (PBR) new FPSO unit, Sepetiba, begins production at Mero oilfield, producing 180,000 barrels per day (bpd) of oil and 12 million cubic meters of gas daily.

Petrobras (PBR) announces the acquisition of stakes in three oil exploration blocks (operated by Shell) in Sao Tome and Principe, marking the company's return to African oil exploration.

Petrobras (PBR) faces hurdles as Carmo Energy, backed by Grupo Cobra, fails to make payment for oil assets on a $296 million installment, affecting the $1.1 billion assets sale.