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Petrobras (PBR) disclosed its board approved a revision of part of its 2023-28 strategic plan in a bid to increase investments in low-carbon initiatives.
Petrobras (PBR) said it has asked Brazil's environmental agency to reverse a decision it made to deny the company's license application to drill an exploration well near the Amazon River.
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Petrobras (PBR) said it will appeal the decision from Brazil's environmental agency rejecting its request to drill an exploratory well in a deepwater area at the mouth of the Amazon river.
Brazil's environmental protection agency rejected Petrobras' (PBR) request to drill an exploratory well in the ultra-deepwater section of the Foz do Amazonas basin at the mouth of the Amazon
Petrobras (PBR) said it has identified the presence of hydrocarbons at an appraisal well being drilled in the Aram pre-salt area in Brazil's offshore Santos basin.
Petrobras (PBR) said its executive board approved a new commercial strategy to set diesel and gasoline prices that turns away from its previous policy of import parity.
Petrobras (PBR) is considering acquiring control of petrochemical firm Braskem (BAK) by buying out its partner Novonor, according to a report from Brazilian newspaper Folha de S.Paulo.
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Major market averages slumped in Friday's midday session amid concerns lingering regional banks and economy.Tracking specific stocks, Petrobras (PBR) shares rose following its strong...
Petrobras (PBR) reported its Q1 profit declined from a year earlier, as the price of oil fell but was partly offset by smaller operating expenses.
Petrobras (PBR) said its board approved ~24.7B reais ($4.94B) in dividend payments later this year while also hinting at future changes in its payout policy.
Braskem (BAK) falls in early trading after Petrobras (PBR), one of the company's biggest shareholders, said it is not in talks to sell its stake privately.
Equinor (EQNR) and its partners said they have taken a final investment decision to spend ~$9B to develop the BM-C-33 gas project offshore Brazil.
Braskem (BAK) skyrockets Friday following reports that Abu Dhabi oil company ADNOC will present a joint acquisition offer with Apollo Global APO) to buy the Brazilian chemical company.
A combination of negative economic data and thin trading in oil markets led to a sharp drop in crude prices Tuesday.
Petrobras (PRB) has abandoned plans to sell its 44% stake in a promising offshore gas project it shares with Ecopetrol (EC) in Colombia, a company executive told a Houston energy conference.
Brazilian environmental agency Ibama has recommended the rejection of Petrobras' (PBR) request to drill an exploration well at the mouth of the Amazon River Basin, and stop...
Braskem's (BAK) +2.3% in Tuesday's trading after a report said a possible buyer of a large stake in the Brazilian chemical company took another step to carry out due...
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