Brazilian state-run oil company Petrobras said on Monday it has signed a memorandum of understanding (MOU) with China Development Bank (CHDB.UL) and Bank of China to partner on a range of projects.

Zacks.com users have recently been watching Petrobras (PBR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Petrobras (PBR) anticipates continuing oil production over the next four decades using a balanced portfolio approach, despite predictions that the global demand for oil will decline.

Brazilian state-run oil company Petrobras expects to continue to produce oil for the next four decades, while also boosting investments in renewables as it seeks to drive an energy transition, an e...

Recently, Zacks.com users have been paying close attention to Petrobras (PBR). This makes it worthwhile to examine what the stock has in store.

At the end of the second quarter of 2023, Petrobras (PBR) had a net debt of $42,177 million. The company ended the quarter with cash and cash equivalents of $10,351 million.

Petrobras (PBR) increases prices for diesel and gasoline in an attempt to reduce cost gap with international markets. This move will likely hasten inflation.

Brazil's Petrobras was not pressured by the federal government to refrain from raising local fuel prices, its CEO said, after the state-run oil company announced a major hike in gasoline and diesel...

Petrobras (PBR) indicates that it will preserve its existing ownership in Braskem and not turn it into a government-owned company.