GLPEY and PBR clinch three offshore blocks in Brazil's Pelotas Basin amid environmental backlash over ANP's latest auction round.
PBR confirms a $204 million deal with Prosafe for the Safe Notos flotel to enhance offshore safety and maintenance by awarding a four-year contract.
PBR signs key contracts to complete RNEST's Train 2, doubling refining capacity by 2029 and boosting production of low-sulphur fuels.
PBR selects Geospace's OptoSeis technology to enhance the reservoir management system at Mero fields 3 & 4 in Santos Basin.
Brazilian state-run oil firm Petrobras announced on Monday it signed contracts worth approximately 4.9 billion reais ($892.3 million) for the completion of a new refining unit at its RNEST refinery.

Petrobras: A Value Opportunity

07:24pm, Friday, 13'th Jun 2025
Petrobras offers strong profitability and attractive valuation metrics, trading at a significant discount to peers despite robust margins and earnings yield over 12%. Political risk in Brazil, particu
PBR partners with ABB and Seatrium to launch all-electric FPSOs, P-84 and P-85, redefining offshore oil production in Brazil.
PBR issues tenders for geophysical and geotechnical surveys to assess offshore wind feasibility, marking a key step in Brazil's clean energy shift.
Petrobras stock has moved sideways this year as crude oil price has moved downwards. It was trading at $11.60 on Tuesday, down by 21% from its highest point in 2024.
PBR targets Africa's offshore riches, leveraging Brazil's geological twin basins and bold partnerships to fuel global growth.

Petrobras: A Bargain During Hard Times For Oil

09:51am, Sunday, 08'th Jun 2025
Petrobras offers high dividend yields and trades at low valuations, making it an attractive buy for investors seeking non-American oil exposure. Political risks in Brazil have subsided, and government
APA, PBR and PR stand out in a volatile oil market, backed by strong dividends and robust cash flow strategies.
Petrobras aims to make Africa its main region of development outside Brazil, the state-run oil firm's CEO said on Thursday, adding that Ivory Coast has extended the "red carpet" for them to explore in

Petrobras' Recent Weakness Means Opportunity

11:40am, Thursday, 05'th Jun 2025
Strong production growth, robust free cash flow, and double-digit dividend yields highlight Petrobras' operational and financial strength. Aggressive reinvestment in FPSOs and low-cost production supp
PBR announces it will cut gasoline prices by 0.17 reais to 2.85 reais/liter, effective Tuesday, following rising demand and a shift in pricing policy.
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