Petrobras (PBR) sells Cherne and Bagre fields to Perenco for $10 million, aiming to refocus investments on strategic assets and decarbonization.
Petrobras (PBR)-operated Buzios oil field has reportedly produced 1 billion barrels of oil by the end of March this year. With new production systems, PBR expects this figure to grow even further.
SHEL, BP, XOM, PBR and CVX emerge as the energy headline makers during the week.
Petrobras (PBR) concluded the recent trading session at $15.79, signifying a +0.45% move from its prior day's close.
Petrobras (PBR) leverages advanced technology to discover oil in Brazil's unexplored Potiguar Basin, marking a new frontier for the company.
A Brazilian judge has suspended the chair of state oil firm Petrobras' board, Pietro Sampaio Mendes, over a conflict of interest regarding his role in the Ministry of Energy, according to a court deci
In the most recent trading session, Petrobras (PBR) closed at $15.88, indicating a +1.53% shift from the previous trading day.
Recently, Zacks.com users have been paying close attention to Petrobras (PBR). This makes it worthwhile to examine what the stock has in store.
President Luiz Inacio Lula da Silva called a meeting on Sunday evening with three cabinet ministers that could decide on whether to replace the chief executive of Brazil's state-run oil company Petrob
Petrobras' (PBR) logistics subsidiary, Transpetro, plans renewable energy integration across 48 terminals, starting with the solar plant at Guarulhos Airport.
In the latest trading session, Petrobras (PBR) closed at $15.59, marking a -0.26% move from the previous day.

Petrobras: The Sell-Off Provides Opportunity

05:34am, Tuesday, 02'nd Apr 2024
In recent weeks, Petrobras's momentum has weakened, and at the moment, it's trading 14% off-high after a wave of analyst downgrades followed dividend frustration. PBR delivered strong financial perfor
In the latest trading session, Petrobras (PBR) closed at $15.21, marking a +1.88% move from the previous day.
Petrobras (PBR) acquires International Renewable Energy Certificates to cover all its 2023 industrial and administrative energy use, aiming to achieve 50% renewable power generation by 2030.
Petrobras (PBR) boosts LNG imports, diversifies gas sources, and coordinates maintenance to ensure energy security amid infrastructure challenges.
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