I'm upgrading Petrobras (PBR) (PBR.A) to "Buy" due to its undervaluation amid strong production levels and disciplined financial control despite macro and idiosyncratic risks. Brazil's tight monetary ...

Petrobras is a highly profitable oil company with attractive growth projects and a very high dividend yield, making it a compelling investment. The company's new 5-year plan includes $111 billion in i...

Brazilian President Luiz Inacio Lula da Silva will appoint Petrobras chairman Pietro Mendes to a senior position at oil regulator ANP, local newspaper O Globo reported on Wednesday, citing a document ...

Brazilian federal prosecutors asked state-run oil firm Petrobras to do more studies before drilling off the coast of the Amazon rainforest, citing potential effects of extreme weather on tides, accord...

Petrobras investors are navigating weakened optimism on the stock, notwithstanding its attractive valuations. PBR's revised capital spending plan suggests the focus remains on its core exploration and...

Petrobras, with a $93 billion market cap, plans to spend more than its current value on capital expenditures, indicating strong long-term potential. The company's 5-year guidance plan emphasizes subst...

PBR remains a compelling investment due to its discounted valuations and rich forward dividend yields, outperforming many of its oil/ gas peers. While the moderating Brent oil spot prices and perceive...

Brazilian state-run oil firm Petrobras approved on Thursday a payout of 20 billion reais ($3.4 billion) in extraordinary dividends to shareholders, and it lowered the minimum cash level required for i...

Brazilian state-run oil firm Petrobras announced on Monday that its management proposed to the company's board a $111 billion business plan for 2025-2029, according to a securities filing.

Brazilian state-controlled oil giant Petrobras said on Monday it has signed a deal with steelmaker Gerdau and gas distributor Sulgas to supply natural gas to two steel mills in the southern state of R...

Petrobras achieved impressive 3Q 2024 results, with $6.9 billion in FCF and a proposed $3 billion USD dividend, highlighting its financial strength. The company is expanding internationally, reducing ...

Brazilian state-run oil firm Petrobras sees as "technically possible" to issue extraordinary dividends by the end of the year if its strategic plan is approved on schedule this month, its Chief Financ...

Brazilian state-run oil firm Petrobras reported on Thursday some 22% increase in its third-quarter net profit from a year earlier, to 32.6 billion reais ($5.7 billion).

Brazilian state-run oil firm Petrobras said on Thursday its board approved 17.12 billion reais ($3 billion)in dividends, which represent 1.3282 real per share, according to a securities filing.

Brazilian state-run oil firm Petrobras' new strategic plan should include some $110 billion earmarked in investments for the 2025-2029 period, two sources familiar with the matter told Reuters, repres...

Brazilian oil giant Petrobras reported a 6.5% decrease year-on-year in total production in the third quarter, to 2.69 million barrels of oil equivalent per day (boepd), the state-controlled company sa...

Oilfield services company Baker Hughes announced an agreement on Monday to supply Petrobras with 77 kilometers (47.85 miles) of flexible pipe systems for Brazil's pre-salt fields in the Santos Basin.

Brazil's Petrobras is set to reduce planned investments for next year, despite requests by the government for the state-run oil firm to increase CAPEX, three sources close to the matter told Reuters.

Brazilian state-run oil firm Petrobras said on Monday it produced a record 6.38 billion liters of gasoline in the third quarter, without providing a comparison base for the figure.

Colombia's state-run oil company oil Ecopetrol and Brazil's Petrobras on Thursday announced two major gas discoveries executives said would hugely increase reserves and help the Andean country remain ...