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December 14, 2023
Brazil’s decision to join OPEC+ highlights just how large a player the country is on the world stage, with its soaring oil production threatening the consortium’s control of oil markets.
November 29, 2023
South America’s offshore oil boom, led by Guyana and Brazil, is set to challenge OPEC’s dominance in global oil markets.
November 24, 2023
Petrobras plans to invest $102bn (~500bn reais) over the next five years as part of its strategic plan for the 2024-2028 period.
November 24, 2023
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer ...
November 24, 2023
Petrobras' new five-year strategic plan outlines that oil and gas will be given the biggest slice of its $102 billion investment pie.
November 24, 2023
On Thursday Petrobras Strategic Plan for 2024-2028 was approved by the companys Board of Directors. Over the next five years, investments of USD 102 billion are expected to be...
August 31, 2023
Despite political changes and environmental concerns, Brazils oil sector, led by Petrobras, is rapidly expanding, aiming to make the country the worlds fourth-largest oil producer.
May 5, 2022
The recent pre-salt oil discoveries, in the Central Alto de Cabo Frio and Aram areas, open up a scenario of new extraction opportunities for Brazil. The discoveries are the result of the intensification of the extraction efforts by Petrobras, which plans to invest US$ 5.5 billion in this segment in the next five years.