Petrobras (PBR) Starts Drilling Well in Equatorial Margin

Petrobras (PBR) begins exploration in Brazil's Equatorial Margin, drilling Pitu Oeste well for oil and gas, investing $3.1 billion by 2028.

Petrobras (PBR) Inks Semisub Contract With Noble in Colombia

Petrobras (PBR) partners with Noble for offshore drilling in Colombia, unlocking vast reserves, and ensuring growth and economic prosperity.

Petrobras (PBR) Considers Increasing Stake in Braskem to Aid Sale

Petrobras (PBR) is considering increasing its share in the petrochemical company Braskem, with the objective of streamlining a potential sale to international investors.

Petrobras (PBR), Elysian Grab 151 Blocks in Oil & Gas Auction

Petrobras (PBR) and Elysian dominate Brazil's oil auction, acquiring 151 blocks. Petrobras expands strategically, while Elysian secures 122 blocks.

Airlines urge Brazil, Petrobras to lower jet fuel prices

Airline lobby group IATA has urged the Brazilian government and state-run oil company Petrobras to tweak the way jet fuel is charged in the country in order to reduce costs, calling kerosene prices...

Petrobras (PBR) Signs Rig Extension Deals With Constellation

Petrobras (PBR) signs rig extension contracts with Constellation Oil Services, securing continued operations for two important rigs in its offshore drilling fleet.

Is the Options Market Predicting a Spike in Petrobras (PBR) Stock?

Investors need to pay close attention to Petrobras (PBR) stock based on the movements in the options market lately.

Global Giants: 3 Stocks to Buy in Emerging Economies

Emerging economies are undoubtedly a good alternative to consider when making investments.  By investing in emerging markets stocks, we can obtain exponential returns due to the great capacity for ...

Petrobras (PBR) Joins Forces With PXGEO for OBN Survey

Petrobras (PBR) partners with PXGEO for a groundbreaking 4D OBN survey in Santos Basin, revolutionizing reservoir monitoring for optimized oil production.

Petrobras (PBR) Confirms Brazil's OPEC+ Entry, Maintains Output

Petrobras (PBR) CEO confirms Brazil's joining OPEC+ as an observer, highlighting collaboration on energy transition without production quotas and seeking an extension for asset sale terms renegotia...

Brazil to join OPEC+ but won't cap oil output, Petrobras CEO says

Brazil is expected to join the OPEC+ group of oil-producing countries in January but would not take part in the group's coordinated output caps, the chief executive of state-run oil firm Petrobras ...

Petrobras (PBR) Calls Off Lubnor Refinery Sale to Grepar

Petrobras (PBR) ends Lubnor refinery's $54M deal with Grepar due to failure in meeting certain conditions. This deal termination poses challenges for Petrobras and the Brazilian refining industry.

Brazil's Petrobras asks regulator for renegotiation of agreement on refinery sales

Brazilian state-run firm Petrobras has filed requests to Brazil's competition regulator Cade to renegotiate terms that stipulated the company must sell some of its oil refining and natural gas asse...

Petrobras (PBR) Shines Despite Q3 Earnings Miss: Here's Why

At the end of the third quarter of 2023, Petrobras (PBR) had a net debt of $43,725 million. The company ended the quarter with cash and cash equivalents of $12,110 million.

Petrobras (PBR) Reveals $102 Billion Investment Plan

Petrobras (PBR), Brazil's state-run oil company, plans a substantial $102 billion investment (2024-2028) in exploration, production and low-carbon initiatives, a 31% increase from the previous plan.


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