PBR Stock Recent News
PBR LATEST HEADLINES
PBR announces it will cut gasoline prices by 0.17 reais to 2.85 reais/liter, effective Tuesday, following rising demand and a shift in pricing policy.
Brazilian state-run oil firm Petrobras said it will reduce gasoline prices to distributors from Tuesday, marking the first price cut for the fuel since October 2023.
PBR signs a EUR 250 million deal with Mota-Engil to deliver advanced offshore construction and maintenance services across key platforms in Brazil's pre-salt Santos Basin.
PBR starts up a new diesel hydrotreatment unit at REPLAN, increasing clean fuel output and advancing sustainability goals ahead of schedule.
Brazil's state-run oil firm Petrobras will commission 52 vessels by 2026, investing 29 billion reais ($5.12 billion), said Chief Executive Magda Chambriard during an event on Thursday alongside President Luiz Inacio Lula da Silva.
PBR begins oil and gas production at Mero-4 via FPSO Alexandre de Gusmao over two months ahead of schedule in Brazil's Santos basin.
Petrobras signs MoU with Sonangol to boost oil and gas R&D, expanding its strategic footprint in Angola amid deepening Brazil-Angola energy ties.
Brazil's Petrobras wants to review Braskem's shareholders agreement for possible changes to allow it more say in the petrochemical firm's decisions, three sources close to the matter at the state-run oil firm told Reuters.
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CVX and PBR face falling cash flow, rising debt and earnings pressure. Both stocks are now rated Strong Sell amid mounting macro and company-specific risks.