
Petrobras: Focus On The 4X P/E Ratio, Not The 13% Yield (Rating Upgrade)
Petrobras is a capital return play with solid growth potential. OPEC+ price support measures could boost longer-term petroleum prices, making Petrobras stock an attractive investment. Petrobras gen...

New Petrobras CEO says president wants firm to boost national economy
The chief executive of Brazilian oil giant Petrobras , Madga Chambriard, said the country's president asked her to work toward boosting the nation's economy while maintaining profitability at the o...

Brazil agency nears decision amid Petrobras pressure to explore offshore Equatorial Margin
The head of Brazil's environmental agency said on Wednesday that he expects a decision soon on state-owned oil company Petrobras' request to conduct exploratory studies in a region known as the Equ...

Petrobras (PBR) to Develop Advanced Subsea Pumping Technology
Petrobras (PBR) collaborates with Curtiss-Wright (CW) to develop a fully electric subsea pumping system that will use hermetically sealed motors instead of traditional mechanical seals.

Petrobras (PBR), Shearwater Team Up for Seismic Innovation
Petrobras (PBR) and Shearwater GeoServices sign a five-year agreement to advance seismic tech by enhancing seismic data quality, efficiency and innovation in oil and gas exploration.

Petrobras (PBR) Divests 30% Stake in Brentech to Enegen
Petrobras (PBR) sells a 30% stake in Brentech Energia to Enegen for approximately $2 million, aligning with decarbonization goals by focusing on natural gas.

Petrobras (PBR) Inks $1.25 Billion Buzios 9 Deal With Subsea 7
Petrobras (PBR) awards Subsea 7 a $1.25 billion contract to develop the B??zios 9 field in the Santos basin, enhancing Brazil's oil production with advanced subsea engineering.

Argentina gov't says unblocks key Petrobras gas shipment amid supply cuts
Argentina's government, facing domestic gas shortages and targeted service cuts, said on Wednesday that it had unblocked the unloading of a key Petrobras gas shipment at port, which it added should...

Brazil's Petrobras to keep current fuel pricing policy -CEO
Brazil's state-run oil company Petrobras will maintain its current pricing policies for gasoline and diesel sales, its new top executive said on Monday, stressing that the firm needs to be profitab...

Petrobras (PBR) Halts Sale of Refineries to Aid Brazil Economy
Petrobras (PBR) stops the sale of its refineries under government pressure, shifting focus to boosting operations, creating jobs and expanding into green energy.

Brazil's Petrobras approves Chambriard as new CEO
Brazilian state-run oil firm Petrobras said its board of directors on Friday approved the nomination of Magda Chambriard as the company's new Chief Executive.

Brazil's Petrobras new CEO Chambriard will take over role on Friday, sources say
Magda Chambriard will take over as chief executive officer of Brazil's state-run oil company Petrobras on Friday after the board approves her appointment, four sources with knowledge of the matter ...

Petrobras board to vote on Chambriard CEO nomination on Friday
Brazilian state-run oil company Petrobras said on Wednesday that its board will vote on the government's nomination of Magda Chambriard for chief executive in a Friday meeting, after an internal co...

Brazil's government expects full Petrobras extra dividends in 2024
Brazil's government expects Petrobras will pay out all of its extraordinary dividends, according to a revenue projection for this year, even though the state oil company has yet to make a decision ...

Lula's ambitions for Petrobras hemmed in by new rules
Brazilian President Luiz Inacio Lula da Silva may soon discover that swapping the CEO of Petrobras is not enough to turn the state-run oil company into the engine for job creation and development i...
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