Petrobras S.A. Sponsored ADR (PBR)
Petrobras Achieves Major Oil Production Milestone at Tupi Field
PBR hits a major milestone as Tupi output climbs to 1M bpd, underscoring a successful turnaround of a mature offshore field.
Petrobras (PBR) Increases Despite Market Slip: Here's What You Need to Know
The latest trading day saw Petrobras (PBR) settling at $12.66, representing a +2.93% change from its previous close.
Petrobras Extends AHTS Vessel Agreement With Solstad Offshore
PBR extends its AHTS Normand Turquesa contract with Solstad Offshore to 2031, lifting the total value near $100 million and securing deepwater support.
Petrobras Oversupply And Venezuela Fears Trigger Richer Dividend Yields, Despite Risks
PBR remains a great Buy for dividend hunters, thanks to its discounted valuation arising from the state run status and the upstream risks from the commodity's price volatility. The new 5Y investment plan emphasizes capital preservation and efficient allocation, with the $109B budget through 2030 aimed at production growth targets. Dividend remains attractive at an estimated FWD yield of ~9.8%, albeit with variable payouts and extreme sensitivity to ongoing oversupply risks from the higher OPEC+/US production outputs.
Petrobras Suspends Drilling After Offshore Fluid Leak Incident
PBR halts drilling at the Morpho well after a fluid leak, suspending Foz do Amazonas Basin operations for up to 15 days under Ibama monitoring.
Petrobras (PBR) Stock Declines While Market Improves: Some Information for Investors
The latest trading day saw Petrobras (PBR) settling at $11.74, representing a -1.51% change from its previous close.
Petrobras Announces First Oil Flow From P-78 FPSO in Buzios Field
PBR starts oil production at the P-78 FPSO in the Buzios field, adding 180,000 bpd capacity and advancing Brazil's offshore energy push.
Petrobras Expands Natural Gas Imports with New Authorization From ANP
PBR gets ANP approval to import up to 20 million cubic meters per day of Bolivian gas for two years, expanding supply via Caceres and Gasbol.
Petrobras Awards $150M Long-Term RSV Contract to DOF Group
PBR awards DOF Group a $150 million four-year contract for the Skandi Commander, boosting offshore ops with advanced ROV and AUV tech starting 2027.
Brazilian union accepts Petrobras counteroffer, suspends strike
Brazilian union Sindipetro-NF, one of the largest representing Petrobras workers, accepted on Tuesday a counteroffer from the state-run oil company for a labor deal, suspending a strike launched earlier this month.
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.
