Petrobras (PBR) delays the Barracuda-Caratinga FPSO tender for the second time due to difficulty in attracting floater companies for its Campos basin project.
Petrobras (PBR) reachead $14.21 at the closing of the latest trading day, reflecting a -0.63% change compared to its last close.
Petrobras (PBR), Gerdau and Naturgy sign a deal for natural gas supply in Rio de Janeiro's free-market environment, aiming to boost competitiveness, market liberalization, sustainability and investment.
Petrobras investors were stunned again as the market sent PBR into a bear market. The dismissal of PBR's ex-CEO has intensified concerns about interference by the Lula administration. Investors will likely take time to assess PBR's new top leadership team.
Petrobras (PBR), in partnership with Ecopetrol, begins drilling the Uchuva-2 well on Colombia's Caribbean coast to validate the significant Uchuva-1 gas discovery and enhance gas supply.
In the closing of the recent trading day, Petrobras (PBR) stood at $14.01, denoting a +1.37% change from the preceding trading day.
The ongoing strike at Brazil's environmental agency Ibama is impacting the analysis of Petrobras' request to drill a well in the Equatorial Margin, an Ibama official told Reuters on Thursday.
Petrobras is a capital return play with solid growth potential. OPEC+ price support measures could boost longer-term petroleum prices, making Petrobras stock an attractive investment. Petrobras generated $6.5B in free cash flow in Q1 and continues to pay shareholders a healthy regular dividend.
The chief executive of Brazilian oil giant Petrobras , Madga Chambriard, said the country's president asked her to work toward boosting the nation's economy while maintaining profitability at the oil firm.
The head of Brazil's environmental agency said on Wednesday that he expects a decision soon on state-owned oil company Petrobras' request to conduct exploratory studies in a region known as the Equatorial Margin, as both the company and the government push for a drilling license.
Petrobras (PBR) awards Solstad Offshore multi-year contracts worth $243 million for three vessels, enhancing operational efficiency in Brazil.
In the most recent trading session, Petrobras (PBR) closed at $13.59, indicating a -1.52% shift from the previous trading day.