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Petrobras has discovered oil near the Amazon River mouth, with Lula calling the find a “passport to Brazil’s future,” although recoverable volumes remain unknown.
PBR advances its Amapa Deepwater campaign with a request to drill three additional wells, strengthening exploration in Brazil's promising Equatorial Margin.
Energy stocks gained Tuesday afternoon, with the NYSE Energy Sector Index rising 1% and the State St
Energy stocks were rising pre-bell Tuesday, with the State Street Energy Select Sector SPDR ETF (XLE
Petroleo Brasileiro (PBR), also known as Petrobras, is weighing granting Braskem (BAK) improved paym
On August 6, Petrobras (NYSE:PBR) held its second-quarter 2026 earnings webcast, reporting strong quarterly net profit and gross profit driven by record production volumes rather than peak Brent prices. Executives said the quarter delivered the highest recurring net profit and the highest gross profit in company history, even though oil prices in the period ranked […]
Petrobras is weighing whether to grant improved payment terms to Braskem on some contracts as the pe
PBR confirms hydrocarbons at the ultra-deepwater Morpho well, adding geological insight into Brazil's Amazon River Mouth basin.
Energy stocks edged higher premarket Monday, with the State Street Energy Select Sector SPDR ETF (XL
Brazil's Petrobras beat Q2 estimates as record production, stronger exports and higher Brent pricing lifted earnings, revenues and cash flow.
The Morpho well lies within the Amazon River mouth sedimentary basin at a water depth of 2,886m.
Record quarterly profit driven by strong oil prices and operational efficiency gains.
Siemens Energy (XTRA:ENR) agrees to supply 20 steam turbines, totaling 1 GW of capacity, for high-demand AI data center power projects under a new deal with Babcock & Wilcox. SBM Offshore selects Siemens Energy to provide power generation and gas compression systems for Petrobras operated FPSO units in Brazilian offshore fields. The contracts extend Siemens Energy's presence in data center power infrastructure and offshore oil and gas projects. These contracts highlight a broader build out...
The platforms are to produce up to 240,000 barrels of oil and process 22 million cubic metres of gas daily.
Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) reported record operating and financial performance for the second quarter of 2026, supported by higher oil production, refinery utilization, exports and Brent crude prices, executives said during the company’s webcast with analysts and investors. Pres
Petroleo Brasileiro SA Petrobras (PBR) posts historic quarterly net income and record gross profit, driven by operational efficiency and surpassing production guidance.
Geospace Technologies (NASDAQ:GEOS) reported third-quarter fiscal 2026 revenue of $15.8 million and a net loss of $9.7 million, or $0.75 per diluted share, as challenging conditions across its operating segments weighed on sales volumes and margins. The company’s revenue for the quarter ended June
Brazil’s state-controlled oil giant posted a sharp increase in second-quarter profit as higher production and stronger crude prices boosted cash generation.
(Bloomberg) -- Brazilian oil producer Petrobras outperformed expectations after supply disruptions stemming from the US-Iran conflict lifted second-quarter prices for crude, gasoline and diesel.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanWhy Do Data Centers Use So Much Fresh Water?Google AI Veterans Depart During Seismic Leadership ShiftIshbia’s Mortgage Firm Suffers Record Drop on Dividend HaltTrump Made Calls to Warsh in Latest Sign of Bid to Influence FedTh
Success would give BP a new core growth region in Brazil just as the country’s current generation of pre-salt giants begins to fade.
SBM Offshore NV (SBFFF) nearly doubles directional EBITDA to $1.3 billion, secures major new contracts, and boosts full-year outlook amid a volatile market.
The contract covers the provision of inspection, preservation, maintenance and operational readiness services for certain Petrobras assets.
PBR heads into Q2 earnings with strong production growth, but fuel pricing, refinery maintenance and higher spending could test results.
The well is located within Block GUA-OFF-O, approximately 42km from the shoreline in water depths of 1,251m.
Investing.com -- Brazil's oil production reached an all-time high in June, as increased output from producers outside the Middle East helped offset supply disruptions caused by the conflict in Iran.
VIST pairs 32% production growth and low earnings multiples with a Q2 earnings miss, estimate cuts and limited price-target upside.
Petrobras (PBR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the latest trading session, Petrobras (PBR) closed at $18.59, marking a +2.88% move from the previous day.
Brazil's state oil producer reported record upstream production and refinery utilization in the second quarter.
Petrobras (PBR) closed the most recent trading day at $18.77, moving 1.21% from the previous trading session.
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