|Day's range||3.0000 - 3.2000|
Petrobras (PBR) revises its strategic plan to allocate a larger portion of its CAPEX to low-carbon initiatives. It does so with the objective to reduce carbon emissions and contribute to the global energy transition.
Petrobras (PBR) closed at $12.35 in the latest trading session, marking a +0.9% move from the prior day.
Petrobras (PBR) commences production on the FPSO Almirante Barroso platform in Brazil's Buzios field, which has the capacity to produce up to 150,000 barrels of oil and 6 million cubic meters of gas per day.
TotalEnergies (TTE), along with Petrobras, QatarEnergy and PETRONAS Petroleo Brasil Ltda, enters into a production sharing contract for the Agua Marinha block.
(Bloomberg) -- Brazil’s state-controlled oil giant Petrobras is capturing and storing a growing amount of carbon dioxide below the seabed in a strategy that helps it boost oil and natural gas production. It also calls it green.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireWall Street Banks Are Using AI to Rewire the World of FinanceDebt-Limit Deal Passes the House, Easing US Default ConcernsBillionaire Perot Wa
Brazil's Petrobras may look abroad for future growth, two sources with knowledge of the state-run firm's plans told Reuters, after environmental regulators dashed its hopes of exploring near the Amazon River where it had aimed to make its first major domestic oil discovery in over a decade. Petroleo Brasileiro, as the company is formally known, has spent years reducing its international footprint to focus on deepwater assets in Brazil's vaunted pre-salt areas, so its impulse to explore foreign opportunities is an about-face. President Luiz Inacio Lula da Silva, during his last mandate in 2008, compared the first major oil discoveries pre-salt fields far off Brazil's coastline to a winning lottery ticket.
Apart from ConocoPhillips (COP) and Shell (SHEL), TechnipFMC (FTI), Eni (E) and Petrobras (PBR) hogged attention during the week.
Petrobras (PBR) seeks reconsideration of Ibama's environmental license denial, citing compliance with requirements and commitment to environmental protection.
Is Petrobras (PBR) a great pick from the value investor's perspective right now? Read on to know more.
Petrobras (PBR) faces a setback in the Amazon River well drilling project following the rejection of its proposal by Ibama. The dismissal is based on a technical recommendation citing discrepancies.
(Bloomberg) -- Brazil’s environmental authority has rejected Petrobras’s request to drill its first well at an offshore oil frontier known as the Equatorial Margin, delivering a major setback to the state-controlled oil company’s exploration plans. Most Read from BloombergDisney Drops Plan to Move Workers to Florida, Closes HotelWall Street Fears $1 Trillion Aftershock From Debt DealSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsNYC Skyscrapers Sit Vacant, Exposing Risk
Petrobras (PBR) discovers hydrocarbons in an exploratory well in the Aram block, situated in the Santos Basin pre-salt offshore Brazil.
Today's Research Daily features new research reports on 16 major stocks, including Broadcom Inc. (AVGO), Bank of America (BAC) and Thermo Fisher Scientific (TMO).
At the end of the first three months of 2023. Petrobras (PBR) had a net debt of $37,588 million, down from $40,072 million a year ago and $41,516 million as of Dec 31, 2002.
(Bloomberg) -- Brazilian oil giant Petrobras is shielding domestic consumers from volatile global fuel-market gyrations, bowing to pressure from President Luiz Inacio Lula da Silva who made controlling gasoline costs a key election pledge. Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanGoldman Banker Wins Promotion, Then L
SAO PAULO (Reuters) -Brazil's state-run oil company Petrobras said on Thursday its board approved dividends later this year of about 24.7 billion reais ($4.94 billion), but also hinted at future changes in its payout policy. Petroleo Brasileiro SA, as the firm is formally known, said in a filing with regulators that it will pay dividends of 1.893577 reais per share in two installments on August 18 and September 20. The Brazilian oil giant noted that the payouts are in line with its current shareholder remuneration policy, which allows distributions to investors of 60% of the difference between operating cash flow and investments.
A combination of negative economic data and thin trading in oil markets led to a sharp drop in crude prices Tuesday.
It is now my pleasure to turn today's program over to Alison Johnson, director of investor relations. Joining me on this morning's call are Jeremy Thigpen, chief executive officer; Keelan Adamson, president and chief operating officer; Mark Mey, executive vice president and chief financial officer; and Roddie Mackenzie, executive vice president and chief commercial officer.
Despite the recent uncertainty surrounding government policies for the Brazilian oil and gas industry, the potential for production growth remains strong
Brazil's Ministry of Mining & Energy asks Petrobras (PBR) to divulge details about its investment plans for supporting the government's economic growth program.
Petrobras (PBR) closed at $11.60 in the latest trading session, marking a -1.36% move from the prior day.
AMTB, PBR and FINW have been added to the Zacks Rank #5 (Strong Sell) List on April 21, 2023.
Petrobras (PBR) receives $426.65 million from Seacrest Petroleo SPE Norte Capixaba Ltda on concluding the sale of four onshore production fields in the State of Espirito Santo.
Petrobras (PBR) closed at $12.29 in the latest trading session, marking a +1.49% move from the prior day.
Petrobras (PBR) plans to sell some assets but potential deals remain uncertain amid news of fuel pricing policy assessment.