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.
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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.
Brazilian state-run oil company Petrobras said on Friday it will hike the prices of diesel sold to distributors for the first time in more than a year, delivering a widely anticipated fuel price tweak.
PBR currently trades at a significant discount relative to its U.S. and European counterparts.
Brazilian President Luiz Inacio Lula da Silva said on Thursday that Petrobras is the one responsible for deciding on fuel prices, not him, countering media reports that he had authorized the state-run oil firm to hike diesel prices.