PBR Stock Recent News

PBR has started oil production at the Buzios field with its high-capacity FPSO, Almirante Tamandare.

Brazilian state-run oil firm Petrobras expects to boost its diesel output by some 120,000 barrels per day (bpd) this year due to the expansion of S-10 diesel production in some of its refineries, the firm's industrial processes head said.

PBR's latest discovery in the Buzios Field highlights the potential for additional reserves beneath the main reservoir.

Brazilian oil firm Petrobras expects to ready a veterinary center in the Amazon to care for animals in the event of an oil spill by the end of March, two sources told Reuters on Monday.

Brazilian state-run oil firm Petrobras has confirmed the presence of oil in a well at its offshore Buzios field, the firm said on Friday, without giving details on the size of the discovery.

PBR is targeting oil assets, particularly in Angola, Namibia and South Africa, to boost its reserves. It aims to reach a production level of 2.8 million barrels per day (bpd) in 2025.

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Magda Chambriard, Chief Executive Officer of Brazilian state-controlled oil company Petrobras, says the firm can withstand lower oil prices following US President Donald Trump's vow to boost production for cheaper crude. Petrobras, with established markets in China and India, has a strategic plan that is "resilient" to oil at $65 a barrel, Chambriard said during an interview with Bloomberg's Menaka Doshi in New Delhi.

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Magda Chambriard, Chief Executive Officer of Brazilian state-controlled oil company Petroleo Brasileiro SA, says the firm can withstand lower oil prices following US President Donald Trump's vow to boost production for cheaper crude. Petrobras, with established markets in China and India, has a strategic plan that is "resilient" to oil at $65 a barrel, Chambriard said during an interview with Bloomberg's Menaka Doshi in New Delhi.