PBR's contract with Constellation involves two ultra-deepwater drillships, Laguna Star and Tidal Action, expected to begin new contracts in third-quarter 2025.
On Tuesday, the Brazilian stock market experienced a notable turnaround, with the Ibovespa index rising by 1.4% and surpassing the crucial threshold of 132,000 points. This resurgence followed five co
PBR seeks to acquire the entire 40% stake in Namibia's Mopane oil field from Galp, highlighting the operational challenges of less than that.
Brazil's Petrobras is expected to seek the entire 40% stake of Namibia's Mopane oil and gas exploration block put up for sale by Portugal's Galp, a director at the state-run oil firm said on Monday.
TotalEnergies is in talks with Brazilian state-run oil firm Petrobras to jointly explore potential business opportunities outside Brazil, Chief Executive Patrick Pouyanne said on Monday.
FTI bags two major contracts from Petrobras to enhance subsea production systems, extending its expertise in Brazil's pre-salt oil fields.

Petrobras: Very High Safety Margin

02:54pm, Friday, 20'th Sep 2024
Petrobras is a highly profitable Brazilian energy firm with a significant EBITDA size. The firm is also growing its production and has attractive capital return potential. Petrobras generates a high a
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employe
Petrobras (PBR) closed at $14.66 in the latest trading session, marking a +0.55% move from the prior day.
PBR's new plan places a higher emphasis on its upstream operations in a bid to rebuild reserves.
PBR's CFO outlines a "realistic" 2025-2029 plan with a potential debt ceiling increase and a focus on expanding oil and gas reserves.
PBR and EC receive court orders to halt the drilling of a gas well in Colombia's Caribbean waters after an indigenous community filed a legal suit.
RIO DE JANEIRO , Sept. 16, 2024 /PRNewswire/ -- Petróleo Brasileiro S.A.
Petrobras (PBR) concluded the recent trading session at $14.53, signifying a +0.62% move from its prior day's close.
Petrobras has achieved strong production and financial results, hitting 2.8 million barrels/day and generating $10 billion in quarterly operating cash flow. The company has significantly reduced its n
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