Petrobras sees vet center key to Equatorial Margin plans ready by March, sources say

Brazilian oil firm Petrobras expects to ready a veterinary center in the Amazon to care for animals in the event of an oil spill by the end of March, two sources told Reuters on Monday.

Brazil's Petrobras announces fresh oil discovery in Buzios field

Brazilian state-run oil firm Petrobras has confirmed the presence of oil in a well at its offshore Buzios field, the firm said on Friday, without giving details on the size of the discovery.

India's BPCL to sign optional crude deal with Petrobras for 2025-26

India's Bharat Petroleum Corp will sign a contract with Brazil's Petrobras for optional crude imports of 6 million barrels in 2025-26, Chairman G Krishnakumar said on Wednesday at the India Energy ...

Petrobras (PBR) Surpasses Market Returns: Some Facts Worth Knowing

Petrobras (PBR) reachead $14 at the closing of the latest trading day, reflecting a +0.79% change compared to its last close.

Petrobras: Undervalued Stock Meets Undervalued Currency

Petrobras is undervalued, trading at a significant discount to peers, with a target price of $36.38 by year-end 2026, offering 162.3% potential upside. The Brazilian real's current undervaluation p...

Petrobras Stock Is On Sale, Reiterating 'Buy'

Petrobras' strong financials, disciplined capital allocation, and world-class asset base position it as a standout in the global energy market, despite local headwinds. The stock's forward EV/EBITD...

Petrobras Advances Divestment of Sergipe's Tartaruga Field

PBR initiates the binding phase to divest 25% of its stake in the Tartaruga oil field. This move is in sync with its focus on high-return projects.

Petrobras Declares Extension of Tupi Field FPSO Stay Till 2030

PBR announces the extension of FPSO Cidade de Angra dos Reis charter in the Tupi field by another five years, until 2030.

Why Petrobras Could Be The Value Stock Your Portfolio Needs

Diversification into non-U.S. stocks like Petrobras can hedge against USD weakness, offering high yields and discounted valuations compared to U.S. peers. Petrobras' operational resilience, robust ...

Petrobras Nears a Deal to Regain Control of Key Fertilizer Plants

PBR is in talks with Unigel to revive two leased fertilizer plants and resume operations to ease Brazil's dependence on imported fertilizer.

Petrobras Extends Contract for Vessel Safe Zephyrus Until 2027

PBR provides Prosafe with a $109.7-million contract extension to accommodate the vessel Safe Zephyrus for another 954 days for its deepwater oil projects.

Petrobras Faces Arbitration Over Failure to Repair Subsea Pipeline

Seacrest Petroleo accuses PBR of breaching pipeline repair agreements, leading to $71M in claims and ICC arbitration.

Petrobras Raises Jet Fuel Prices by 7% in Response to Market Condition

PBR announces a 7% increase in jet fuel prices from January 2025, addressing rising oil costs and market conditions affecting Brazil's aviation industry.

Petrobras: Expanding Production At Attractive Breakeven Economics

Petrobras is due to increase upstream production at attractive low-cost economics. The 2025 outlook for oil prices shows little scope for pricing-related upside. So volume growth is likely to be th...

Brazil's Petrobras raises jet fuel prices by around 7% in key markets

Brazilian state-run oil firm Petrobras hiked jet fuel prices for distributors starting on Jan. 1 by around 7% in some key marketing areas, such as Betim, Guarulhos and Duque de Caxias, data on the ...


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