PBR Stock Recent News
PBR LATEST HEADLINES
Seacrest Petroleo accuses PBR of breaching pipeline repair agreements, leading to $71M in claims and ICC arbitration.
PBR partners with PRIO to provide access to the Campos Basin Integrated Gas Flow System and Cabiunas Unit, supporting Brazil's sustainable and competitive natural gas market.
PBR announces a 7% increase in jet fuel prices from January 2025, addressing rising oil costs and market conditions affecting Brazil's aviation industry.
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Petrobras is due to increase upstream production at attractive low-cost economics. The 2025 outlook for oil prices shows little scope for pricing-related upside. So volume growth is likely to be the key fundamental driver for the year ahead. Valuations are at an attractive 27% discount vs. peers from a 1-yr fwd EV/EBITDA perspective.
Brazilian state-run oil firm Petrobras hiked jet fuel prices for distributors starting on Jan. 1 by around 7% in some key marketing areas, such as Betim, Guarulhos and Duque de Caxias, data on the company's website showed on Thursday.
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PBR launches SNOX unit at Abreu e Lima refinery, raising processing capacity and cutting sulfur oxide emissions in Brazil.
Petrobras (PBR) closed at $14.40 in the latest trading session, marking a -0.14% move from the prior day.
PBR signs contracts for offshore blocks in Brazil along with Shell and CNOOC, solidifying its diversification plan and boosting energy reserves for the future.