PBR plans to enter South Africa's Deep Western Orange Basin, acquiring a 10% stake in a consortium led by TotalEnergies, enhancing its exploration portfolio.

Petrobras: Still Too Cheap For Buyers To Ignore

PBR's contract with Constellation involves two ultra-deepwater drillships, Laguna Star and Tidal Action, expected to begin new contracts in third-quarter 2025.

PBR's CFO outlines a "realistic" 2025-2029 plan with a potential debt ceiling increase and a focus on expanding oil and gas reserves.

Petrobras (PBR) concluded the recent trading session at $14.53, signifying a +0.62% move from its prior day's close.

Petrobras has achieved strong production and financial results, hitting 2.8 million barrels/day and generating $10 billion in quarterly operating cash flow. The company has significantly reduced it...

PBR expedites its re-entry into the fertilizer industry, considering a $800 million investment in a plant to enhance Brazil's agricultural sector.

I maintain a "Hold" rating on Petrobras stock due to ongoing political and geographical risks, despite its undervaluation and strong FCF generation capacity. Petrobras's strategic focus on pre-salt...

PBR remains a compelling Buy due to its rich forward dividend yields, outperforming its oil/ gas peers and the US Treasury Yields. If anything, the state-run status, the country's volatile politica...

Petrobras (PBR) plans to deploy the digital twin tools in maritime wells across other units before the year's end to boost production efficiency by around 1%.

Petrobras (PBR) eyes Bolivian natural gas investment to revive domestic fertilizer production and aims to raise gas output to 30 million cubic meters per day.

Petrobras (PBR) hikes gasoline prices by 7.1% for the first time in 11 months, raising inflation fears and impacting consumers amid changing political and corporate dynamics and currency depreciation.

Pembina's (PBA) venture entity, Pembina Gas Infrastructure, signs a deal to buy 50% of Whitecap's Kaybob complex for C$252M, securing long-term agreements for infrastructure and future growth.

Petrobras (PBR), Gerdau and Naturgy sign a deal for natural gas supply in Rio de Janeiro's free-market environment, aiming to boost competitiveness, market liberalization, sustainability and invest...

The ongoing strike at Brazil's environmental agency Ibama is impacting the analysis of Petrobras' request to drill a well in the Equatorial Margin, an Ibama official told Reuters on Thursday.