Petrobras has signed a strategic cooperation contract with China’s CNOOC
Brazilian state-owned oil company, Petrobras, has signed a strategic cooperation contract with China's state-run CNOOC.
August 29, 2023Topic
Petrobras
Equatorial gold rush: the oil boom in Guyana and Brazil’s untapped potential
The Equatorial Margin, a maritime zone extending from Guiana to Brazil's Rio Grande do Norte, has been a significant focus...
August 19, 2023
Brazil’s president opens door to Petrobras exploration near Amazon despite environmental concerns
Brazil's President, Luiz Inácio Lula da Silva, said at a press conference that the state-run oil company Petrobras might still...
August 3, 2023
Petrobras records 3.1% increase in oil production in the first half of 2023
In the first half of 2023, Brazil's Petrobras revealed a 3.1% growth in its oil and natural gas production, averaging...
July 26, 2023
Abu Dhabi’s sovereign wealth fund Mubadala accuses Petrobras of “abusive pricing”
Mubadala, UAE state-owned holding company that acts as a sovereign wealth fund, has lodged a complaint against Petrobras with the...
July 17, 2023
Petrobras likely to miss government’s target on gas prices amid high extraction costs
According to insiders familiar with the matter, Petrobras, Brazil's state oil giant, is likely to miss the government's target of...
July 10, 2023Breaking the dominance of the dollar: Petrobras considers trading national currencies, including Bitcoin
Rio de Janeiro-based Petrobras, Latin America's largest oil company, is contemplating the possibility of trading in national currencies instead of...
July 5, 2023
President Lula plans for Petrobras’ return to petrochemicals via Braskem’s nationalization
The government of Brazil's President Luiz Inácio Lula da Silva is working towards a corporate transaction that could potentially facilitate...
June 14, 2023
Banks invested US$26 billion in Petrobras from 2016 to 2022
Petrobras was the 6th oil company that received the most funds from financial institutions from 2016 to 2022: US$26 billion.
April 21, 2023