Petrobras' focus remains Brazil despite Africa plans, director says
WEB1 day ago · RIO DE JANEIRO, Sept 26 (Reuters) - The main focus of Brazil state-run oil firm Petrobras (PETR4.SA), opens new tab remains in its home country, its director of exploration and production said on ...
Petrobras Shifts Focus to Oil and Gas, Reveals New Strategic Plan
WEBSep 19, 2024 · Brazil's state-owned energy giant, Petrobras S.A. PBR has unveiled its new strategic plan that will mark a shift toward a greater emphasis on oil and gas exploration and production as the company ...
Petrobras to reopen closed oil well to get natural gas; cuts jet fuel ...
WEB2 days ago · Petrobras (NYSE:PBR) plans to reopen a closed oil well in its offshore Roncador field in order to quickly obtain natural gas, CEO Magda Chambriard said Thursday, marking the company's first major ...
Petrobras in Talks with Exxon and Others Over Africa Exploration
WEB1 day ago · XOM. (Bloomberg) -- Brazil’s state-controlled oil company is in talks to buy stakes in African exploration blocks from companies including ExxonMobil Corp., Shell Plc, TotalEnergies SE and ...
Petrobras upgraded to Overweight from Neutral at JPMorgan
WEB2 days ago · PBR-A. JPMorgan upgraded Petrobras to Overweight from Neutral with a price target of $18, up from $15.50. The firm cites the company’s “supportive” free cash flow and “discounted ...
Petrobras plans $100bn in spending to persist through ‘fade-out …
WEBFeb 7, 2024 · Petrobras intends to be one of the last remaining oil producers on the planet, the Brazilian energy company’s chief executive said as he outlined a $100bn-plus investment plan concentrated on...
Brazilian government ousts Petrobras chief after dispute over …
WEBMay 15, 2024 · Chief executive Jean Paul Prates planned to offer his resignation to the board, Petrobras said on Tuesday evening, ending weeks of uncertainty over his future at the $108bn group.
Brazil's Petrobras plans to 'revitalize' company with $102 bln ...
WEBNov 24, 2023 · Brazil's state-run oil company Petrobras laid out its 2024-2028 strategic plan on Friday, seeking to "revitalize" the firm and start the process of energy transition, CEO Jean Paul Prates said.
Petrobras posts net loss, cuts CAPEX and approves dividends
WEBAug 9, 2024 · Brazilian state-run oil giant Petrobras on Thursday posted a net loss of 2.6 billion reais ($470 million) for the second quarter of 2024, the firm said as it announced lower-than-expected...
Petrobras in talks with oil majors over Africa exploration, E&P …
WEB2 days ago · Wagner Meier/Getty Images News. Petrobras (NYSE:PBR) is studying a total of 10 opportunities to partner with oil majors including Exxon Mobil and Shell for exploration in Africa, E&P head Sylvia ...