PBR, in talks with Raizen, BP and Inpasa, plans to invest $2.2 billion in ethanol distilleries as part of its strategic plan for a 2025-2029 biofuels comeback.
Brazilian state-run oil firm Petrobras approved on Thursday a payout of 20 billion reais ($3.4 billion) in extraordinary dividends to shareholders, and it lowered the minimum cash level required for i
As of Sept. 30, 2024, PBR has recorded a net debt of $44,251 million.
PBR's new business plan outlines $111 billion in investments, including $45 billion in regular dividends and boosting production for 2025-2029.
Brazilian state-run oil firm Petrobras announced on Monday that its management proposed to the company's board a $111 billion business plan for 2025-2029, according to a securities filing.
Petrobras' new natural gas processing unit at the Boaventura energy complex is aimed at improving gas flows from Brazil's presalt fields in the Santos Basin.
Brazilian state-controlled oil giant Petrobras said on Monday it has signed a deal with steelmaker Gerdau and gas distributor Sulgas to supply natural gas to two steel mills in the southern state of R
Petrobras achieved impressive 3Q 2024 results, with $6.9 billion in FCF and a proposed $3 billion USD dividend, highlighting its financial strength. The company is expanding internationally, reducing
Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR ) Q3 2024 Earnings Conference Call November 8, 2024 12:00 PM ET Company Participants Fernando Melgarejo - Chief Financial and Investor Relations Officer
Brazilian state-run oil firm Petrobras sees as "technically possible" to issue extraordinary dividends by the end of the year if its strategic plan is approved on schedule this month, its Chief Financ
Brazilian state-run oil firm Petrobras reported on Thursday some 22% increase in its third-quarter net profit from a year earlier, to 32.6 billion reais ($5.7 billion).
Brazilian state-run oil firm Petrobras said on Thursday its board approved 17.12 billion reais ($3 billion)in dividends, which represent 1.3282 real per share, according to a securities filing.
Despite prior legal challenges, the Colombian court permits PBR and EC to proceed with natural gas drilling activities in the Tayrona area.
PBR beat the Zacks Consensus Estimate for earnings twice in the trailing four quarters while missing the same in the other two.
Brazil's state-run oil company PBR reports an 8.2% drop in third-quarter oil production, highlighting challenges in maintaining output amid operational setbacks.
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