Tag: Petrobras

Brazil’s Petrobras CEO says there will be good news on asset sales ‘shortly’

He reiterated his view that Petroleo Brasileiro SA, as the state-run oil company is formally known. will sell at least some of the eight...

Brazil’s Petrobras starts long-term tests at Albacora field

The testing, started on Saturday and being carried out in the well about 120 kilometers off the coast of Rio de Janeiro. BRASILIA: Brazilian state-run...

Brazil’s Petrobras looks to China’s ‘teapots’ to keep exports booming

But Petrobras reversed those cuts later in the month in a surprise move. He added that Petrobras has the logistical capacity to boost oil...

Brazil’s Petrobras delays bids for offshore platform

RIO DE JANEIRO: Brazil's state-run oil company Petrobras has delayed by 90 days the deadline for bids to build a production platform in the Itapu...

Brazil’s Petrobras boosts oil production, abandons refinery plans amid upstream push

Petrobras said the firm would produce more than 2.7 million barrels of oil equivalent per day (boepd) in 2019. The firm produced a record...

Brazil’s Petrobras says its value could increase by almost half by 2021

Capital expenditure from 2020 to 2024 will be concentrated in Brazil's offshore "pre-salt" formation, with a special emphasis on its Buzios field. It said...

Petrobras CEO says plans to exit from Gaspetro unit, but not clear how

RIO DE JANEIRO: Brazilian state-controlled oil producer Petroleo Brasileiro, or Petrobras, will reduce its stake in its Gaspetro unit to zero, the company's chief executive

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