The technical staff at Brazil's environmental agency Ibama recommended that the body deny authorization for Petrobras to ...

Brazil’s state-run oil company is gearing up to boost production to 2 million barrels per day (bpd) at the Buzios field by ...

Brazil's Petrobras posted a net loss of 17 billion reais ($2.8 billion) in its fourth quarter due to non-recurring events, ...

Brazil’s Petrobras plans to invest in its giant pre-salt fields in the country’s Santos basin with a lot more focus in an ...

In an unexpected change shift, Petrobras American Depositary Receipts (ADRs) fell 4.82% in premarket trade on February 27.

Petrobras booked a net loss of 17 billion reais ($2.9 billion) in the fourth quarter of 2024, versus a net profit of 31 ...

Ieq Capital LLC cut its stake in shares of Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR – Free Report) by 15.1% in the ...

Recently, we reported that Brazilian President Luiz Inacio Lula da Silva has been pressing the country’s environmental regulators to approve oil drilling near the mouth of the Amazon River, arguing ...

Brazilian regulators are cracking down on some offshore drilling by Petrobras and others, and the delays threaten to ...

Petrobras plunged after reporting FY 2024 capital spending surged to $16.6B, ~$2.1B above the company's previous guidance.

Brazil’s government has approved joining OPEC+, a group of major oil-exporting nations. The move, just nine months ahead of ...