Petrobras Enhances FPSO Safety With Exail's Quadrans AHRS Tech

PBR partners with Exail to deploy cutting-edge Quadrans AHRS on FPSOs, boosting safety and real-time monitoring offshore Brazil.

Petrobras (PBR) Rises Higher Than Market: Key Facts

Petrobras (PBR) closed at $12.51 in the latest trading session, marking a +1.05% move from the prior day.

Petrobras: A Deep Value Company Even In A Volatile Context LATAM

Petrobras is a comprehensive oil company. Like many companies in Latin America, such as YPF and Ecopetrol, the company's shareholding is divided between private investors and the Brazilian state. F...

Petrobras (PBR) Stock Dips While Market Gains: Key Facts

In the most recent trading session, Petrobras (PBR) closed at $12.70, indicating a -2.83% shift from the previous trading day.

Petrobras Awards Prosafe a Four-Year Contract to Deploy Safe Notos

PBR confirms a $204 million deal with Prosafe for the Safe Notos flotel to enhance offshore safety and maintenance by awarding a four-year contract.

Exclusive: Petrobras aims to make Africa its main exploratory region outside Brazil

Petrobras aims to make Africa its main region of development outside Brazil, the state-run oil firm's CEO said on Thursday, adding that Ivory Coast has extended the "red carpet" for them to explore...

Petrobras' Recent Weakness Means Opportunity

Strong production growth, robust free cash flow, and double-digit dividend yields highlight Petrobras' operational and financial strength. Aggressive reinvestment in FPSOs and low-cost production s...

Petrobras Announces Gasoline Price Cut for Distributors

PBR announces it will cut gasoline prices by 0.17 reais to 2.85 reais/liter, effective Tuesday, following rising demand and a shift in pricing policy.

Petrobras Initiates Major Shutdown at Refap for Key Upgrades

PBR begins R$557 million maintenance at Refap refinery in Canoas, boosting local jobs and ensuring a stable fuel supply through August despite reduced output.

Petrobras Plans Return to Nigeria Amid Upstream Realignment

PBR aims to re-enter Nigeria's oil market, targeting deepwater exploration to support the country's efforts to increase oil production and attract investment.

Brazil oil workers plan strike to protest Petrobras' austerity turn

Brazil's federation of oil workers, known as FUP, announced on Thursday a two-day warning strike at state-run oil company Petrobras "in protest against the stagnation in negotiations with the compa...

Petrobras Stock Looks Cheap, But Is That Enough to Hold On?

PBR recently announced a notable pre-salt oil find at the Aram block, but such long-cycle projects may not ease near-term pressures.

PBR to Commence Well Decommissioning in Sergipe Basin Offshore Brazil

According to Petrobras, the Arabia I jack-up rig has arrived in Brazil on April 13, 2025, and is on its way to the Guaricema field to commence well decommissioning tasks.

Petrobras' Largest FPSO Begins Oil Production at Buzios Field

PBR has started oil production at the Buzios field with its high-capacity FPSO, Almirante Tamandare.

Brazil's Petrobras to raise diesel output by 120,000 bpd this year, says director

Brazilian state-run oil firm Petrobras expects to boost its diesel output by some 120,000 barrels per day (bpd) this year due to the expansion of S-10 diesel production in some of its refineries, t...


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