Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a super-major contract1 by Petrobras, after winning a competitive tender, for the development of the Búzios 11 field located ...

Petrobras stock offers a high dividend yield, strong cash flow, and an undemanding valuation, despite political risks. Read ...

Brazilian state-run oil firm Petrobras increased the price of jet fuel sold to distributors by an average 0.3% starting May 1 ...

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Brazil's Supreme Court has granted ex-President Fernando Collor house arrest after a corruption conviction, requiring an ...

The Brazilian Supreme Court has authorized former Brazilian President Fernando Collor de Mello to serve house arrest after ...

The latest trading session saw Petrobras (PBR) ending at $11.35, denoting a +0.53% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.63%.

Akastor ASA reports steady financial performance with strategic asset sales and contract wins, while navigating macroeconomic ...

National Oil Companies now dominate the global oil industry and their collaboration is crucial to ensuring future energy ...

Petrobras said Q1 production of oil, natural gas and natural gas liquids totaled 2.77M boe/day, down 0.2% Y/Y but in line ...

Talks underscore Brazil’s growing reliance on Chinese yards, even as Petrobras and Brazilian government seek new partnerships ...