Brazilian state-run oil firm Petrobras said it will reduce gasoline prices to distributors from Tuesday, marking the first price cut for the fuel since October 2023.
PBR signs a EUR 250 million deal with Mota-Engil to deliver advanced offshore construction and maintenance services across key platforms in Brazil's pre-salt Santos Basin.
PBR starts up a new diesel hydrotreatment unit at REPLAN, increasing clean fuel output and advancing sustainability goals ahead of schedule.
Brazil's state-run oil firm Petrobras will commission 52 vessels by 2026, investing 29 billion reais ($5.12 billion), said Chief Executive Magda Chambriard during an event on Thursday alongside Presid
PBR begins oil and gas production at Mero-4 via FPSO Alexandre de Gusmao over two months ahead of schedule in Brazil's Santos basin.
Petrobras signs MoU with Sonangol to boost oil and gas R&D, expanding its strategic footprint in Angola amid deepening Brazil-Angola energy ties.
Brazil's Petrobras wants to review Braskem's shareholders agreement for possible changes to allow it more say in the petrochemical firm's decisions, three sources close to the matter at the state-run
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CVX and PBR face falling cash flow, rising debt and earnings pressure. Both stocks are now rated Strong Sell amid mounting macro and company-specific risks.
PBR begins R$557 million maintenance at Refap refinery in Canoas, boosting local jobs and ensuring a stable fuel supply through August despite reduced output.
PBR signs a R$8.4 billion contract with Subsea 7 for the Buzios 11 Project, focusing on local content and job creation, with offshore work scheduled for October 2027.
PBR is set to deploy a drill ship to Amapa for oil exploration in the Foz do Amazonas Basin amid regulatory hurdles and environmental scrutiny.
Brazilian oil firm Petrobras will have a drill ship ready to make the trip to the northern state of Amapa by the end of the month, three sources close to the matter told Reuters, as the company rushes
PBR is set to face a two-day strike as oil workers protest against cost-cutting measures and stalled talks on compensation amid falling crude prices.
PBR aims to re-enter Nigeria's oil market, targeting deepwater exploration to support the country's efforts to increase oil production and attract investment.
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