PBR has started oil production at the Buzios field with its high-capacity FPSO, Almirante Tamandare.
Brazilian state-run oil firm Petrobras expects to boost its diesel output by some 120,000 barrels per day (bpd) this year due to the expansion of S-10 diesel production in some of its refineries, the firm's industrial processes head said.
PBR's latest discovery in the Buzios Field highlights the potential for additional reserves beneath the main reservoir.
Brazilian oil firm Petrobras expects to ready a veterinary center in the Amazon to care for animals in the event of an oil spill by the end of March, two sources told Reuters on Monday.
Brazilian state-run oil firm Petrobras has confirmed the presence of oil in a well at its offshore Buzios field, the firm said on Friday, without giving details on the size of the discovery.
PBR is targeting oil assets, particularly in Angola, Namibia and South Africa, to boost its reserves. It aims to reach a production level of 2.8 million barrels per day (bpd) in 2025.
Petrobras (PBR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
PBR lets onshore drilling contracts to EBS and Conterp to boost oil and gas production in Bahia, creating jobs and strengthening Brazil's energy sector.
India's Bharat Petroleum Corp will sign a contract with Brazil's Petrobras for optional crude imports of 6 million barrels in 2025-26, Chairman G Krishnakumar said on Wednesday at the India Energy Week conference.
Petrobras (PBR) reachead $14 at the closing of the latest trading day, reflecting a +0.79% change compared to its last close.
Petrobras (PBR) closed at $13.92 in the latest trading session, marking a -1.49% move from the prior day.
In the latest trading session, Petrobras (PBR) closed at $14.22, marking a +0.07% move from the previous day.