The investment budget was reduced as the state-owned oil and gas company adjusts to lower international oil prices.

Petrobras could review some of the 15 wells it plans to drill in the Equatorial Margin region, with crude oil prices expected ...

Brazilian state-controlled oil company Petrobras (PBR) trimmed its five-year investment plan for 2025-2029 by about 2%, ...

Brazil’s state-run oil giant Petrobras is preparing to slightly reduce its five-year investment plan for the first time under ...

Petrobras has cut its five-year capital spending and dividend plans due to weaker oil prices, while increasing its upstream ...

Brazilian state-run oil firm Petrobras has lowered its dividend forecast and cut expected investments by almost 2% in a new five-year business plan announced Thursday, as it grapples with lower crude ...

Petrobras’ board of directors unanimously approved its 2026–2030 business plan at a meeting on Thursday (Nov. 27). Brazil’s ...

RIO DE JANEIRO (Reuters) -Brazilian state-run oil firm Petrobras' five-year investment plan will see its first cut under ...

BrLab opens submissions for its 15th edition in April, adding a Kids Lab in Recife and a Petrobras-backed green initiative ...

Brazilian oil major Petrobras announced a 2% decrease in its next five-year investment plan to $109 billion in a move to shield its cash flow at a time of lower international oil prices.

Brazilian state-run oil firm Petrobras expects to maintain its oil production at some 2.6 million or 2.7 million barrels per ...

Brazil’s Petrobras has approved the proposal submitted by SBM Offshore for the contracting of two floating production, ...