Results for "Petrobras"

Brazilian energy giant Petrobras is evaluating opportunities to increase liquefied natural gas shipments to Asian markets as global consumption accelerates.

State-controlled energy giant Petrobras announced a significant petroleum find along the Equatorial Margin near the Amazon, drawing praise from President Lula while raising alarms among environmentalists over ecological risks.

Brazilian oil company Petrobras has begun negotiations to acquire four offshore exploration blocks in Ghana's Keta Basin.

Brazil's state-controlled Petrobras confirmed the presence of oil in the Morpho exploratory well in ultra-deep waters off the northern state of Amapá, though the company has not yet estimated the volume.

Brazil's state-owned oil company Petrobras has announced the discovery of oil traces during an exploration project off the Amazon coast, an initiative that has faced strong opposition from environmental groups.

Hindalco reported profits exceeding estimates due to surging metal prices, while Petrobras posted its third-highest profit, benefiting from increased oil prices driven by Middle East conflict.

Petrobras reported new record highs in its second-quarter oil and gas production and refinery runs.

Jim Simons' Renaissance Technologies has identified several companies as top dividend stocks to invest in, including Honeywell International Inc., Chunghwa Telecom Co., Ltd, Kimberly-Clark Corp, United Parcel Service Inc., Petróleo Brasileiro S.A. – Petrobras, Blackstone Inc., and Chevron Corporation. These selections are based on factors such as robust demand, price volatility, and expansion pursuits.

Petrobras has given its approval for a significant $1.2 billion investment to construct a new biofuels facility in Brazil.

The CEO of Petrobras, Brazil's state-owned oil company, predicts that oil prices will stabilize in the range of $72 to $75 per barrel, despite ongoing market volatility and global conflicts.

Petrobras has given its approval for a $1.2 billion investment aimed at developing a renewable fuels plant in Brazil.

A preliminary peace deal between the United States and Iran has sparked a global market rally, with gold and mining shares rising due to eased rate-hike fears, while oil prices have fallen, impacting companies like Petrobras. The deal comes as the Strategic Petroleum Reserve hits its lowest level since 1983, raising questions about potential tolls for commercial ships passing through the Strait of Hormuz.

Petrobras has purchased a 50% stake in an exploration block located in the Campos Basin.

An article examines why Petrobras' 16% yield in ECOW might conceal risks related to Brazil's recently introduced export taxes, posing a dangerous bet for investors.

Grupo Santander has revised its rating for Brazilian oil giant Petrobras (PBR) from a neutral stance to 'Outperform'.

Brazilian state-owned oil company Petrobras has commenced new oil and gas drilling operations in the Amazon region, marking the first such activity in a decade, with President Luiz Inacio Lula da Silva explicitly backing the initiative.

Brazil's Public Prosecutor's Office is contesting an oil exploration license in the Amazon Mouth, citing technical flaws and omissions in the environmental impact study, and has requested the immediate suspension of Petrobras's license.

Brazilian oil company Petrobras has announced the completion of the initial phase of its $470 million data center development plan.

Brazilian state-owned oil company Petrobras has announced a 19% increase in natural gas prices, a decision attributed to recent volatility and shocks in the global oil market.

Petrobras has reached record production levels, while the ongoing conflict in Iran continues to disrupt global oil markets.

Brazilian oil company Petrobras has completed a $290 million deal to purchase a Campos Basin field from Shell and its partners. This acquisition expands Petrobras's operational footprint in the region

Zacks.com's featured highlights include analyses and mentions of companies such as TD SYNNEX, Petroleo Brasileiro (Petrobras), Venture Global, and ConocoPhillips.

Shareholders of the Brazilian state-owned oil company Petrobras are set to elect a new board, with the process taking place as global conflicts continue to significantly impact the oil market.

Brazilian state-owned oil company Petrobras is taking steps to regain full operational control of significant assets within the Campos Basin. This move is part of its broader strategy to optimize its portfolio and maximize production from key fields.

A Petrobras director was dismissed after Brazilian President Lula da Silva criticized an auction of 70,000 tons of liquefied petroleum gas, which was sold for more than double the tabulated price, calling it 'banditry.'

Seadrill has announced a significant $480 million drillship extension contract with Brazilian oil giant Petrobras.

The Brazilian oil company Petrobras seeks to eliminate the country's dependence on diesel imports, which currently cover about 30% of national consumption, with a plan to increase production by approximately 300,000 barrels.

Petróleo Brasileiro (Petrobras) has been identified as the top Quant-rated foreign stock, standing out amidst current global market volatility.

Petrobras has announced a discovery of high-quality oil in Brazil's Campos Basin.

Brazil's regulator has instructed Petrobras to supply fuel from previously canceled auctions, addressing concerns about market stability.

Baker Hughes has been awarded a contract by Petrobras to provide turbomachinery services.

Petrobras has commenced gas injection operations at its Buzios field, utilizing a large FPSO (Floating Production Storage and Offloading) vessel from Seatrium.

Petrobras is holding the line on fuel prices in Brazil, despite a global surge in oil costs driven by the ongoing war.

Petrobras announced a significant increase in its projected 2025 net income, which is expected to jump by 160% to reach $19.6 billion.

Brazil's state-owned oil company Petrobras has reported a net profit of nearly $3 billion and announced plans for a $1.5 billion dividend.

The Ghanaian government has initiated negotiations with Brazilian energy giant Petrobras to explore oil reserves in the offshore Accra-Keta Basin, marking a significant step in the country’s expanding hydrocarbon sector.

Ghana has extended an invitation to Brazil's state-owned oil company, Petrobras, for direct negotiations regarding oil exploration in the Keta Basin, as part of intensified efforts to attract investment into its upstream petroleum sector.

Streamex Corp. has reported its second-quarter financial results, while Petrobras has released its first-half results. Both companies have provided updates on their financial performance for the respective periods.

Brazil's Petrobras is evaluating whether to offer more favorable payment terms to Braskem on existing contracts. This consideration comes as the petrochemical producer is in urgent debt talks to avoid bankruptcy ahead of an August 24 deadline.

Bondholders of Braskem are reportedly pressuring Brazil's state-controlled oil company Petrobras to inject capital into the petrochemical producer to prevent bankruptcy ahead of a looming deadline.

Petrobras reported a significant increase in its second-quarter profit, nearly doubling, as the company achieved record oil production levels.

Petrobras reported record oil and gas output for the second quarter, with its refining operations also reaching new highs.

Petrobras has finalized its acquisition of offshore Block 3 in São Tomé and Príncipe, marking a significant expansion of its international exploration portfolio.

Petróleo Brasileiro S.A. – Petrobras (PBR) is pursuing a significant $1.2 billion expansion project. The company is also highlighted as a top energy dividend stock.

Petrobras (PBR) has been highlighted as one of the undervalued stocks currently possessing high upside potential.

Barclays and BofA have reassessed Transocean (RIG) after the company secured Petrobras contract extensions and reported significant backlog growth.

Petróleo Brasileiro S.A. – Petrobras (PBR) has finalized an agreement with SBM Offshore for the provision of oil and gas production vessels.

Petrobras announced its intention to purchase a 50% stake in an offshore block in the Campos Basin from Equinor.

IG4 and Petrobras have been officially confirmed as co-controllers of the Brazilian petrochemical company Braskem, solidifying their joint leadership.

SBM Offshore has been awarded multibillion-dollar contracts for Floating Production, Storage, and Offloading (FPSO) units for a Petrobras project, marking a significant development in the offshore energy sector.

Brazilian state-owned oil company Petrobras has announced the commencement of new oil and gas drilling operations in the Amazon region, marking the first such activity in a decade. The initiative proceeds with the explicit authorization of President Lula.

Petroleo Brasileiro S.A. (Petrobras) held its Q1 earnings call, revealing key financial highlights for the quarter. The call provided insights into the company's performance and future outlook.

Brazilian oil giant Petrobras has announced a record-breaking oil output. This achievement comes at a time when global oil markets are experiencing significant volatility, partly due to the ongoing conflict involving Iran.

Brazil's state-controlled oil company Petrobras has reportedly gained a stronger position in the ongoing shakeup of petrochemical producer Braskem. This development could impact the future ownership and strategic direction of Braskem.

Petrobras (PBR) has received an upgrade from Bank of America, with analysts citing higher oil prices as a key factor for the improved outlook.

Petrobras is reportedly in initial discussions to buy back a refinery in Brazil from Mubadala, according to Reuters.

The implications of a new Petrobras contract for Valaris Limited (VAL) are being analyzed to understand its potential future impact on the company.

Brazilian state-owned oil company Petrobras has undergone a leadership change, with Pogliese being named as the new chairman. This shake-up signals a new direction for the company's governance.

A Brazilian regulator is investigating state-owned oil company Petrobras for alleged price gouging in its LPG auctions.

The price target for Petrobras (PBR) stock has been raised to $19.50.

Brazil's state-owned oil company Petrobras has announced the discovery of high-quality oil in the pre-salt layer of the Campos Basin.

Brazil's president has suggested a joint venture between the Mexican state oil company Pemex and Brazil's Petrobras.

Petrobras and Ecopetrol have announced a significant natural gas discovery offshore Colombia, marking a new development in energy exploration.

Bolivia eyes fresh partnership with Brazil's Petrobras under new energy regulations  Reuters

Petrobras continues to be a top holding in the iShares MSCI Brazil ETF and has received a 'Strong Buy' rating, indicating investor confidence in the Brazilian oil giant.

Petrobras is highlighted as a top holding in the iShares MSCI Brazil ETF, receiving a Strong Buy rating.

Petrobras (PBR) announced its 2025 results, noting a 14% drop in Brent crude prices while achieving a milestone of 1 million barrels per day in output.

Petrobras has released its financial results for the fourth quarter.

The CEO of Petrobras states that the company does not pass sudden oil volatility directly to the local market, aiming to stabilize domestic prices.

Braskem’s massive $11 billion debt restructuring agreement has drawn attention to parent company Petrobras, highlighting ongoing financial challenges and shareholder negotiations within Brazil’s energy sector.

Mexican state-owned oil company Pemex and Brazilian Petrobras are making significant investments in high-risk, high-reward offshore drilling operations in Mexico. This strategic move aims to explore potentially lucrative but challenging deepwater reserves.

Petrobras announced record operational profits, primarily attributed to the significant growth in its pre-salt oil production.

Petrobras has announced a significant discovery of hydrocarbons in its first offshore exploration in the Amapá region.

Petrobras has announced its second-quarter financial results.

Brazilian oil giant Petrobras and Colombian state-owned Ecopetrol have reported a significant deepwater gas discovery off the coast of Colombia.

A recent surge in oil prices has led to unusually active options trading, with significant bets placed on companies like Petrobras, Nike, and Goldman Sachs.

Petrobras has paid $58 million to a Brazilian regulator to bring its wells into compliance with regulations.

An analysis suggests that the recent fall in Petrobras's stock price might offer a discounted buying opportunity for investors.

Mexico's Pemex and Brazil's Petrobras announced a partnership to boost oil production in the Gulf of Mexico, combining Brazil's extraction technology with Mexico's deepwater access.

JP Morgan has reduced its price target for Petrobras (PBR), reflecting a revised assessment of the Brazilian oil giant's future performance.

Petrobras has locked in eight offshore exploration blocks in Ivory Coast, marking a significant play in the region's energy sector.

Petrobras has announced a discount on its diesel prices.

Petrobras has increased gasoline prices in Brazil following the approval of government subsidies, impacting consumers at the pump.

Baker Hughes' stock has risen following the announcement that the company has secured a well service contract extension with Brazilian oil giant Petrobras.

National CineMedia has announced a dividend of $0.03 per share.

Petrobras has commenced oil production at its Búzios 8 field, utilizing the P-79 FPSO vessel for operations.

Petrobras has reached a record output level, with gains in refining operations contributing to a reduction in imports.

Brazilian petrochemical company Braskem has elected the CEO of state-owned oil giant Petrobras as its new chairman, according to reports from Folha.

Petrobras announced its acquisition of a 75% stake and operatorship in São Tomé Block 3, marking a significant expansion of its operations in Africa. This deal strengthens the company's presence in the region's oil and gas sector.

A crucial board vote at Petrobras is imminent, as Brazil grapples with the delicate balance between managing fuel prices and navigating political considerations. The outcome could have significant implications for the country's energy policy.

Petrobras is set to regain complete ownership of key assets in the Campos Basin through a $450 million agreement, consolidating its control over significant oil and gas operations.

The European Union has given its approval for the takeover of the Brazilian petrochemicals firm Braskem by Petrobras and IG4.

Brazilian state-owned oil company Petrobras is undergoing a leadership transition, prompting significant changes in its governance structure.

Financial commentator Jim Cramer stated his wish that he had recommended Petrobras stock to investors sooner, indicating a positive view on the company's past performance.

Petrobras has announced the discovery of 'high quality' oil reserves in an offshore location near Brazil, potentially boosting the country's energy prospects.

Brazilian oil company Petrobras has announced a new pre-salt oil discovery in the Marlim Sul field, indicating potential for increased oil reserves.

Brazilian state-owned oil company Petrobras has announced a new natural gas discovery in Colombia.

Sources indicate that Brazil's state-owned oil company Petrobras is currently not considering a short-term increase in diesel prices.

Transpetro is diversifying its client base beyond Petrobras, securing new shipping deals with companies like Trafigura and Ipiranga.

Brazilian oil company Petrobras is set to purchase Petronas' 50% stake in the Campos Basin for $450 million, expanding its offshore oil and gas assets.

Jefferies has downgraded Petrobras to a 'Hold' rating, citing concerns over Brazil's new oil export tax as a key factor impacting the company's outlook.

The CEO of Petrobras announced that the company will maintain retail fuel prices in Brazil, despite a recent surge in global crude oil prices.

Petroleo Brasileiro S.A.- Petrobras presented its Q4 earnings call highlights, outlining the company's financial performance for the fourth quarter.

Petrobras reported financial results that topped analyst estimates, driven by strong output figures which offset a decline in prices.

Brazil's state-owned oil company Petrobras is investigating potential opportunities in Venezuela, according to its head of exploration and production.