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Petrobras, Q1
Brazil's Petrobras first quarter oil production rises by 4.4%
Brazilian state-run oil company Petrobras said on Monday its crude oil production during the first quarter rose 4.4% compared to the same period last year.
Petrobras Books 4.4% Rise in Q1 Oil Output
Brazil’s oil giant Petrobras recorded a 4.4% increase in its crude production in the first quarter of the year, driven by ramp-ups at five platforms and the start of commercial extraction at 19 new wells.
Petrobras reports 3.7% rise in oil and gas production in Q1 2024
In the first quarter (Q1), the Brazilian state-run oil company’s production reached 2.77 million barrels of oil equivalent per day (mboe/d).
Petrobras' Q1 oil production rises but sales fall
Petrobras (NYSE:PBR) reported late Monday that its Q1 crude oil production rose 4.4% from the year-earlier quarter to 2.24M bbl/day, with total output rising 3.7% Y/Y to 2.78M boe/day. The Brazilian company attributed the increase to ramp-ups at five platforms and the start of commercial extraction from 19 new wells in the Santos and Campos
Rigzone
12h
Petrobras Signs Deal for Potential Offshore Wind Project in Brazil
Petrobras signed an MOU with the government of Rio Grande do Norte to explore the feasibility of a pilot offshore wind ...
6d
Petrobras Investors Come Out Ahead After Drama Over Dividends in Brazil
A seven-week tug of war over Petrobras’s dividends wound up with the company delivering a 22-billion-reais ($4.3 billion) ...
1d
Petrobras' Dividend Thesis Is Clouded by Policy Shifts
The Brazilian oil giant still holds promise as an income stock, but escalating political risks have raised doubts about the ...
agenciabrasil.ebc
16h
Petrobras: Oil and gas production grows 3.7% in first quarter of 2024
Petrobras
' average production of oil, natural gas liquids (NGL) and natural gas in the first quarter of this year stood at ...
Opinion
6d
Opinion
Petrobras Shareholders Need to Embrace Brazil’s Reality
Politics is inherent to Petrobras and if investors aren’t ready to withstand that, they would be smart to find other stocks.
11d
Brazil's Petrobras could decide dividend payout at shareholders meeting April 25
Brazil's state-run oil firm Petrobras said that a proposal to disburse up to 50% of the extraordinary dividends withheld in ...
agenciabrasil.ebc
3h
Brazil registers over 244 thousand formal jobs in March
Year to date, the balance was a positive 719,033, up 34% from the first three months last year. Active formal jobs in the ...
Recharge
1d
Petrobras CEO eyes offshore turbine pilot for Brazil's windy Rio Grande do Norte
Offshore wind developers are waiting for Brazil's Congress to approve regulatory framework, but Petrobras has its eye on a ...
1d
Maintaining Hold on Petrobras: Balancing Solid Production with Operational Challenges and Competitive Yields
Bank of America Securities analyst Caio Ribeiro maintained a Hold rating on Petroleo Brasileiro SA- Petrobras (PBR – Research Report) ...
Fox News
13d
Brazil faces Indigenous resistance over plans to drill for oil in Amazon rainforest
State-run energy firm
Petrobras
faces resistance from Indigenous groups for its goal to open
Brazil
's northern coast to ...
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