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

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%, ...

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

PBR cuts its 2026-2030 budget by 2% while boosting pre-salt investment, targeting higher production and advancing new energy and sustainability projects.

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Brazilian company still plans to inject bulk of resources in exploration and production For ads that aren’t personalized, ad ...

Petroleo Brasileiro SA- Petrobras ( ($PBR) ) has provided an update. On December 1, 2025, Petrobras announced the approval of an addendum to the ...

Brazilian state-run oil firm Petrobras will increase the average price of jet fuel sold to distributors by 3.8%, or 0.13 real ($0.0243) per liter, starting December 1, it said on Monday.

The spending plan is being closely watched by investors, as it has an important political dimension in Brazil.

The latest announcement is out from Petroleo Brasileiro SA- Petrobras ( ($PBR) ). On November 28, 2025, Petrobras announced that its subsidiary, ...