Petrobras said its board approved joining Brazil’s newly announced diesel commercialization subsidy program, pending regulatory details from the country’s energy regulator.

Brazilian state-run ‌oil company Petrobras will hike the price of diesel sold to distributors by 0.38 reais ($0.0725) per liter, but expects next to no impact on consumers, CEO Magda Chambriard said ...

Brazil’s state-controlled oil giant Petroleo Brasileiro SA raised domestic diesel prices just a day after the Brazilian government announced federal tax breaks on fuels to shield consumers from ...

The state-run oil company remains Brazil’s largest payer of taxes and contributions, accounting for 7% of national tax ...

PBR inks a $736M deal with Oceanica for six offshore support vessels, expanding subsea inspection, maintenance and intervention across Brazil's offshore fields.

Brazilian state energy producer Petrobras has temporarily suspended export sales of MGO and LSMGO after Brazil's government introduced a 50% tax on diesel oil export amid a spike in global oil prices ...

Brazil Scraps Taxes On Diesel, Imposes Levy On Oil Exports. Brazil's government scrapped taxes on ‌diesel while imposing a ...

TotalEnergies operates Lapa with a 48 percent stake. Shell PLC holds 27 percent. A joint venture owned 60 percent by Spain's ...

Most U.S.-listed emerging market ETFs have spent the past year treading water or losing ground. The iShares MSCI Brazil ETF (NYSEARCA:EWZ) has done the opposite. Shares are up 62% over the past year ...

A provision measure published on 12 March cuts the so-called PIS and Cofins federal taxes on diesel to zero, and imposes a 12% tax on crude oil exports, as well as a 50% levy on diesel shipments.

For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and ...

Seatrium is building six P-series FPSOs (P-78, P-80, P-82, P-83, P-84 and P-85) which will boost Brazil’s production capacity by another 1.305 million barrels of oil per day.