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.
Brazilian state-run oil company Petrobras will raise gasoline prices for distributors for the first time in almost a year this week, it said on Monday, while also hiking liquefied petroleum gas (LPG) prices.
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) delays the Barracuda-Caratinga FPSO tender for the second time due to difficulty in attracting floater companies for its Campos basin project.
Petrobras (PBR) reachead $14.21 at the closing of the latest trading day, reflecting a -0.63% change compared to its last close.
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 investment.
Petrobras investors were stunned again as the market sent PBR into a bear market. The dismissal of PBR's ex-CEO has intensified concerns about interference by the Lula administration. Investors will likely take time to assess PBR's new top leadership team.
Petrobras (PBR), in partnership with Ecopetrol, begins drilling the Uchuva-2 well on Colombia's Caribbean coast to validate the significant Uchuva-1 gas discovery and enhance gas supply.
In the closing of the recent trading day, Petrobras (PBR) stood at $14.01, denoting a +1.37% change from the preceding trading day.
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.
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 generated $6.5B in free cash flow in Q1 and continues to pay shareholders a healthy regular dividend.