Petrobras S.A. Sponsored ADR (PBR)
Petrobras Announces First Oil Flow From P-78 FPSO in Buzios Field
PBR starts oil production at the P-78 FPSO in the Buzios field, adding 180,000 bpd capacity and advancing Brazil's offshore energy push.
Petrobras Expands Natural Gas Imports with New Authorization From ANP
PBR gets ANP approval to import up to 20 million cubic meters per day of Bolivian gas for two years, expanding supply via Caceres and Gasbol.
Petrobras Awards $150M Long-Term RSV Contract to DOF Group
PBR awards DOF Group a $150 million four-year contract for the Skandi Commander, boosting offshore ops with advanced ROV and AUV tech starting 2027.
Brazilian union accepts Petrobras counteroffer, suspends strike
Brazilian union Sindipetro-NF, one of the largest representing Petrobras workers, accepted on Tuesday a counteroffer from the state-run oil company for a labor deal, suspending a strike launched earlier this month.
Large Brazilian union rejects Petrobras proposal to end strike
Brazilian union Sindipetro-NF, one of the largest representing Petrobras' workers, has rejected the most recent proposal by the state-run oil firm to end a 12-day-long strike, it said in a statement on Friday.
Petrobras Grants Final Investment for Sergipe Deepwater Project Module 2
Petrobras approves the final investment decision for the SEAP II deepwater project, opening a new offshore production frontier in Brazil's Northeast.
Petrobras and OceanPact Sign $590M Deals for Offshore Services
PBR and OceanPact sign $590 million ROSV charter deals, reinforcing their focus on offshore safety, maintenance, and subsea performance.
Key Petrobras field hits output pace equivalent to 1 million bpd, sources says
Brazilian state-run oil firm Petrobras' Tupi field briefly reached a production pace this week that, if sustained for a full day, would amount to 1 million barrels, three sources familiar with the matter told Reuters.
Petrobras: Cheap, Profitable, And Increasingly Political
Petrobras trades at the lower bound of peers' range, despite sitting on one of the largest, most profitable, proven reserves in the Oil & Gas sector. Petrobras preferreds, trading on the NYSE under the ticker PBR.A, typically trades at a discount to the common shares, yet carries a variable distribution structure that exposes investors to potential growth. The main risk is political, given the Brazilian government's significant control over the business.
Petrobras Enters Brazil's Solar Power Market With Lightsource bp JV
PBR enters Brazil's solar market with a Lightsource bp deal, marking a key step in its energy transition and portfolio diversification strategy.
Petrobras strike affects platforms and refineries on second day, union says
A strike at Brazilian state-run oil company Petrobras entered its second day on Tuesday, affecting 24 oil platforms and eight refineries, union FUP said in a statement.
Petrobras to Boost RNEST Refinery Processing Output With Train 2
Petrobras' Train 2 expansion at Abreu e Lima is set to double capacity by 2029, boosting fuel output, jobs and Brazil's energy security.
