Investors in Brazilian state-controlled oil producer Petroleo Brasileiro SA just got another reminder that an industry-leading dividend bonanza is fading. The Rio de Janeiro-based company, known as Petrobras, said on Monday that it proposed changes […]
(Bloomberg) – Petroleo Brasileiro SA received a permit to research oil in a promising offshore region in Brazil’s Northeast as the energy giant seeks to open up new basins to expand production. Brazil’s top environmental […]
Home Fossil Energy Halliburton to assist Petrobras in stepping up digitalisation and enhancing exploration ops Brazilian state-owned oil and gas giant Petrobras has picked Halliburton’s digital platform to accelerate digital transformation and address subsurface challenges. […]
Home Fossil Energy Three Maersk Supply Service anchor handlers hired by Petrobras Denmark-headquartered Maersk Supply Service has won a three-year contract with Brazilian oil and gas giant Petrobras for three of its anchor handlers to be […]
Brazil’s Petrobras has signed an agreement with the Oil & Gas Methane Partnership (OGMP) aimed at reducing greenhouse gas emissions, as it takes another step towards a low-carbon future. The OGMP is a global initiative […]
LONDON, Aug 24 (Reuters) – Energy companies reaping record profits from soaring oil and gas prices have helped global dividend payments to shareholders soar above pre-pandemic levels and to a record quarterly high, data showed […]
In what by this time can’t be seen as a shock move, Petrobras chief executive officer Jose Mauro Coelho has resigned from the company amid immense political pressure. Coelho is one more name in a […]
Petrobras’s shareholders appointed Jose Mauro Coelho as a board member on Wednesday, a key step for the former energy ministry official to become the chief executive officer and end a tumultuous leadership transition. The board […]
Source: U.S. Energy Information Administration, Country Analysis Brief: Brazil Brazil was the only oil-producing country in South America to report an increase in crude oil and condensate production in 2020 compared with 2019, according to our Country Analysis […]
Brazil’s state-controlled Petrobras’ 115,000 b/d Abreu e Lima refinery (RNEST) will undergo 90 days of maintenance starting in June, putting a strain on domestic production of green petroleum coke and ultra-low sulfur diesel. The company […]
Copyright © 2025 | Sandstone Group