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.
Petrobras Discloses Revised 2026-2030 Investment Plan of $109B
PBR cuts its 2026-2030 budget by 2% while boosting pre-salt investment, targeting higher production and advancing new energy and sustainability projects.
Petróleo Brasileiro S.A. - Petrobras (PBR) Discusses New Business Plan and Production Growth Outlook for 2026-2030 Transcript
Petróleo Brasileiro S.A. - Petrobras ( PBR ) Discusses New Business Plan and Production Growth Outlook for 2026-2030 November 28, 2025 2:30 PM EST Company Participants Eduardo de Nardi Ros Magda de Regina Chambriard - CEO & Non-Independent Director Fernando Melgarejo - Chief Financial Officer & Chief Investor Relations Officer Renata Baruzzi - Chief Engineering, Technology, & Innovation Officer Sylvia Couto dos Anjos - Chief Exploration & Production Officer Angelica Garcia Laureano - Chief Energy Transition & Sustainability Officer and Member of Executive Board William da Silva - Chief Industrial Processes, Products Officer and Member of Executive Board Conference Call Participants Monique Greco - Itaú Corretora de Valores S.A.
Petrobras (PBR) Crossed Above the 20-Day Moving Average: What That Means for Investors
From a technical perspective, Petrobras (PBR) is looking like an interesting pick, as it just reached a key level of support. PBR recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
Petrobras Likely to Trim Capex Plan as Market Faces Weak Oil Prices
PBR will reportedly trim its five-year spending plan as falling oil prices push it to boost efficiency and focus on higher-output assets.
