Petrobras S.A. Sponsored ADR (PBR)
Deadline of Petrobras deal with vessel adds pressure to Foz do Amazonas request
Brazilian oil firm Petrobras needs to be granted an environmental license to drill in the sensitive Foz do Amazonas region by the end of April or it will run out of time before the contract with a drilling vessel ends in October, according to a document presented by the government.
Petrobras Strikes Hydrocarbons in the Campos Basin's Pre-Salt Layer
PBR discovers hydrocarbons in the Campos Basin, advancing its deepwater exploration efforts and highlighting its focus on pre-salt assets.
Petrobras to finish analysis of the India's Shapoorji appeal in FPSO bid this week
Brazil's Petrobras should analyze an appeal filed by India's Shapoorji Pallonji Energy in the tender to charter an offshore oil production vessel this week, the state-run oil firm's head of engineering, technology and innovation, Renata Baruzzi, said on Tuesday.
Brazil's Petrobras finds hydrocarbons in exploratory well in Campos Basin
Brazilian state-run oil firm Petrobras said on Monday it found hydrocarbons in a exploratory well in the Norte de Brava bloc, located in the pre-salt layer of the Campos Basin.
Petrobras' Offshore Fields to Deploy Baker Hughes' Completions Tech
PBR partners with Baker Hughes to deploy intelligent completions technology, enhancing production and remote operations in Brazil's offshore fields.
Petrobras' animal center in Oiapoque to be ready for inspection in April
A veterinary center run by Brazil's Petrobras in the Amazon region designed to assist animals in the event of an oil spill should be ready for inspection by environmental agency Ibama in April, documents seen by Reuters showed on Monday.
Brazil's Petrobras to clear corals off of drilling vessel to be used in Foz do Amazonas
Brazil's Petrobras has obtained approval from the country's environmental agency to clear corals from the underside of the drilling vessel it plans to use in the Foz do Amazonas region, documents seen by Reuters showed.
CERAWEEK Petrobras eyes opportunities in Argentina; advances in Colombia, Africa projects
Brazilian state-run oil firm Petrobras is looking at potential opportunities in Argentina while advancing in projects in Colombia and Africa, the firm's exploration and production head Sylvia dos Anjos said on Tuesday.
Petrobras' Valuation Hides Potential
Petróleo Brasileiro S.A. - Petrobras, a major Brazilian oil company, is valued at nearly $80 billion and is one of the largest integrated oil companies globally. The company boasts an exciting portfolio of assets that it continues to expand, enhancing its investment appeal. Petrobras's strong financial performance underscores its stability and growth potential in the oil industry.
Petrobras Q4 Earnings Beat Despite a Decline in Production
As of Dec. 31, 2024, PBR has recorded a net debt of $52,240 million. The company ended the year with cash and cash equivalents of $3,271 million.
Petroleo Brasileiro S.A.- Petrobras (PBR) is Attracting Investor Attention: Here is What You Should Know
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.
Petrobras Q4 Earnings: Unpacking The Latest Concerns
Petrobras' 4Q24 results were marked by higher CapEx which negatively impacted dividends and raised concerns about its long-term dividend strategy. A leverage ratio increase and a 25% yearly drop in free cash flow signal financial strain amid rising investments. Political and environmental challenges, plus uncertain catalysts, make Petrobras' future outlook more risky.
