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20 results for “Brazil Petrobras”

Petrobras to Drill Three More Equatorial Margin Wells After Securing IBAMA Approval
Brazil's state-owned oil company, Petrobras, has secured environmental approval to drill three new exploratory wells in the Foz do Amazonas basin, opening a high-stakes energy frontier.

Petrobras Pushes for Amazon Mouth Drilling Start in January Despite Court Challenge from Federal Prosecutors
Brazil’s state-controlled oil company plans to proceed with a new phase of exploration in the Foz do Amazonas basin after Ibama approval, even as federal prosecutors seek an injunction.

Petrobras CEO Highlights Colombian Gas Finds, Advancing International Expansion and Regional Energy Security
Petrobras CEO Magda Chambriard reinforced the relevance of gas discoveries with Ecopetrol in Colombia, signaling progress on contracts for the new supply.

Petrobras CFO Solidifies Shift, Prioritizing $109 Billion Investment Over Extraordinary Dividends
Brazil's state-controlled oil giant is directing excess cash towards long-term growth and debt reduction, signaling a new capital allocation era.

Petrobras Pressures Brazilian Government to Halt Gas Market Liberalization Program
State-owned oil giant Petrobras is resisting the regulator’s plan for compulsory gas sales, raising regulatory risk for Brazil's energy sector.

Petrobras Challenges Regulator’s ‘Gas Release’ Plan, Threatening Brazil’s Market Liberalization
Brazil's state-owned oil giant Petrobras is actively pushing back against the ANP's proposal for mandatory gas sales, a move that could derail the country's years-long effort to reduce high industrial energy costs and introduce competition.

Petrobras Fights Regulator to Maintain Grip on Brazil’s Natural Gas Market
State-controlled Petrobras is actively challenging government efforts to liberalize the gas market, creating regulatory uncertainty for new investors.

Brazil’s Federal Audit Court Escalates Review of Petrobras Fuel Prices, Highlighting Regulatory Risk
Brazil’s TCU has called a closed session to debate Petrobras’s controversial fuel pricing, a policy personally requested by President Lula.

Brazil’s Petrobras Expands Global Exploration with Eight Offshore Blocks in Ivory Coast
Brazil’s state-controlled oil giant Petrobras signed production-sharing contracts for eight exploratory blocks off the coast of Côte d'Ivoire, securing a new deepwater exploration frontier.

Brazil Environmental Regulator Approves More Drilling for Petrobras in Key Amazon Frontier
Brazil's environmental agency authorized three contingent wells for Petrobras in the Foz do Amazonas basin, unlocking billions in potential value.

Ibama Clears Petrobras to Drill Three More Wells in Environmentally Sensitive Amazon Mouth
Brazil's environmental agency authorized Petrobras to expand exploratory drilling off Amapá, signaling a major push into the controversial oil frontier.
Petrobras and Brazilian Navy Formalize Strategic Cooperation, Underscoring National Asset Role
Brazil’s state-controlled oil company Petrobras signed a protocol with the Navy to strengthen security and logistics on strategic national waterways.
Petrobras Secures Brazilian Navy Cooperation for High-Stakes Equatorial Margin Drilling
New naval cooperation agreement boosts legal and logistical security for Brazil's controversial oil frontier near the Amazon River mouth.
PetroReconcavo Avoids US$60 Million CAPEX by Extending Petrobras Gas Processing Deal
Brazilian independent oil producer PetroReconcavo secured nearly a decade of operational certainty in Bahia by extending a natural gas processing agreement with Petrobras.
PetroReconcavo Suspends US$60 Million Plant Project After Securing Long-Term Gas Access from Petrobras
Independent producer PetroReconcavo will rely on state-owned infrastructure, signing a gas processing deal with Petrobras that allows it to scrap a major capital project.

Petrobras Confirms Oil Discovery in Amazon Mouth Basin, Igniting Fierce Environmental and Economic Battle
State-owned Petrobras confirms hydrocarbons in the controversial Equatorial Margin, sparking a debate between Lula's economic vision and climate goals.

Petrobras Proprietary Production Hits Record 3.34 MM Boed in 2Q26 on Pre-Salt Strength and Efficiency
Brazil's state-controlled oil major Petrobras set new all-time highs for proprietary production and refinery utilization in 2Q26, signaling robust financial results.

Petrobras Rises on Domestic Rate Cut Hopes as Sharp IPCA-15 Drop Fuels Brazil Stock Market
Ibovespa and Petrobras advanced after the IPCA-15 mid-month inflation print dropped sharply, bolstering expectations for a continued Selic rate cut cycle.

Petrobras Q2 Production Report Set to Preview Earnings Today
Petrobras releases its Q2 2026 production and sales report today, providing a critical operational preview ahead of its August 6 financial results.

Oil Plunge Unwinds War Premium, Sending Petrobras (PETR4) Down 1.72%
Petrobras stock falls as Brent crude plunges nearly 7% following a US-Iran truce, pressuring valuations.