State-run oil firm Petrobras is worried about an upcoming change in Brazil's reference oil price that determines some taxes ...

Petrobras PBR, Brazil’s state-run integrated oil and gas company, is signaling a bold shift in its ethanol strategy. According to Reuters, the company is increasingly favoring corn-based ethanol over ...

Brazil's Petrobras cannot afford to miss out on the opportunity to sell liquefied petroleum gas (LPG), or cooking gas, as it ...

Brazilian offshore services player OceanPact has been awarded four contracts with Petrobras worth a combined 3.2 billion ...

Petrobras has pushed back the deadline for submission of commercial bids by two and a half months in a tender for the ...

Petrobras is evaluating an investment in Brazilian sugar and ethanol producer Raizen, as part of its strategy to re-enter the ...

Petrobras operates Buzios with an 88.99 percent stake. CNOOC Ltd. owns 7.34 percent through wholly-owned subsidiary CNOOC ...

Shares of Raízen SA soared on Monday, posting their biggest intra-day gain on record, after the newspaper O Globo reported ...

BP considers teaming with Petrobras to develop its biggest oil discovery in 25 years despite high CO2 levels raising ...

Valmet has entered into a strategic agreement with Petrobras, the leading energy company in Brazil, to deliver comprehensive ...

Brazil's state-owned oil company Petrobras posted a hefty net profit of $4.7 billion in the second quarter, recovering ...

Petrobras, a major Brazilian oil company, has a market cap just a hair over $75 billion. Check out what makes PBR stock a ...