Tag: Petrobras

Eight multinational oil companies, including some of the world's largest, have registered for a contest in which Brazil will offer rights to exploit oil and natural gas in the gigantic pre-salt reserves in very deep waters of the Atlantic...
The oil and gas sector should invest R$102 billion in Brazil by 2025. This will open 525,000 job openings in the country's oil exploration and production. The projections, published on Tuesday, August 2, are from Abespetro (Brazilian Association of Oil...
It's only been a month since Paes de Andrade took the reins of 'almighty' Petrobras, Brazil's largest oil company, as its fourth president in the current government, and already the company is cutting gasoline prices for the second time,...
On Wednesday, July 27, Petrobras' Board of Directors approved the Guideline for Pricing in the Domestic Market to be applied to oil products and natural gas sold in the domestic market, including the Board of Directors and the Fiscal...
The oil and natural gas production of Brazil's state-owned oil company Petrobras, the country's largest company, fell 5.1% in the second quarter compared to the first three months of the year, with an average of 2.61 million barrels of...
The price of gasoline in Brazil is below the global average, according to a survey conducted by the Global Petrol Prices database. While the average price of a liter of gasoline is US$1.43 worldwide, in Brazil, it is US$1.12. According...
Brazilian petroleum giant Petrobras, Latin Amerian largest oil company, has announced the upcoming inauguration of its new Rio de Janeiro-located supercomputer, Pegasus (aka Pegaso). With 21 petaflops of power, 678 TB of RAM memory, 2016 GPUs, and a 400gb/s internet...
On Tuesday, July 19, Petrobras announced a reduction of R$0.20 (US$0.04) per liter in the price of gasoline, which will be sold at R$3.86 (US$0.71) to distributors. The readjustment will be applied in refineries on Wednesday, July 20. The state-run company...
RIO DE JANEIRO, BRAZIL - President Jair Bolsonaro said Wednesday (13) that he is willing to change the command of Petrobras, the largest oil company in Latin America, as often as he deems necessary. "Ah, he has changed the...



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