Is Petrobras (PBR) a Buy as Wall Street Analysts Look Optimistic?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm empl...
Petrobras (PBR) Beats Stock Market Upswing: What Investors Need to Know
Petrobras (PBR) concluded the recent trading session at $17.33, signifying a +1.64% move from its prior day's close.
Petrobras shareholders approve payout of 50% of withheld dividends
Shareholders of Petrobras voted on Thursday for the Brazilian state-run oil firm to pay out 50% of the extraordinary dividends it withheld in March, easing investor concerns about the destination o...
Petrobras (PBR) Leads Investment Race in Oil and Gas Industry
Petrobras (PBR) leads global oil and gas investment surge, doubling investments in 2023 to $21.4 billion. Strong project returns fuel production growth and solidify PBR's position in the industry.
Petrobras (PBR) Rises Yet Lags Behind Market: Some Facts Worth Knowing
The latest trading day saw Petrobras (PBR) settling at $16.96, representing a +0.12% change from its previous close.
Petrobras (PBR) to Build Solar Power at Its Three Refineries
Petrobras (PBR) plans to build 48 MW solar capacity at its three refineries by 2025, thereby reducing emissions. The move is in sync with its decarbonization goals.
SLB Secures Three Contracts for Petrobras' Buzios Oil Field
SLB's electrification deal with Petrobras promises enhanced production control and reliability, signaling a transformative shift toward digitalized production systems in Brazil's pre-salt reserves.
Petrobras (PBR), CNCEC Sign MoU for Energy Partnership
Petrobras (PBR) enters into a memorandum of understanding for a two-year collaboration with the China National Chemical Energy Company (CNCEC), focusing on renewable energies and energy transition.
Petrobras (PBR) Sells Two Campos Basin Fields to Perenco
Petrobras (PBR) sells Cherne and Bagre fields to Perenco for $10 million, aiming to refocus investments on strategic assets and decarbonization.
Petrobras' (PBR) Buzios Field Achieves Production Milestone
Petrobras (PBR)-operated Buzios oil field has reportedly produced 1 billion barrels of oil by the end of March this year. With new production systems, PBR expects this figure to grow even further.
Petrobras (PBR) Discovers Oil in Brazil's Potiguar Basin
Petrobras (PBR) leverages advanced technology to discover oil in Brazil's unexplored Potiguar Basin, marking a new frontier for the company.
Brazil judge suspends Petrobras chair over conflict of interest
A Brazilian judge has suspended the chair of state oil firm Petrobras' board, Pietro Sampaio Mendes, over a conflict of interest regarding his role in the Ministry of Energy, according to a court d...
Petrobras (PBR) Laps the Stock Market: Here's Why
In the most recent trading session, Petrobras (PBR) closed at $15.88, indicating a +1.53% shift from the previous trading day.
Brazil's Lula calls meeting on the future of Petrobras CEO, sources say
President Luiz Inacio Lula da Silva called a meeting on Sunday evening with three cabinet ministers that could decide on whether to replace the chief executive of Brazil's state-run oil company Pet...
Petrobras (PBR) Unit Eyes Renewable Projects for Terminals
Petrobras' (PBR) logistics subsidiary, Transpetro, plans renewable energy integration across 48 terminals, starting with the solar plant at Guarulhos Airport.
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