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Brazilian oil and gas company Petrobras is injecting $50 million Brazilian Real ($8.69 million) into a newly created environmental fund, the company said Thursday.

Bullish option flow detected in Petrobras (PBR) with 13,564 calls trading, 1.6x expected, and implied vol increasing over 8 points to 31.73%.

China’s Achpower Offshore Engineering (Tianjin) and Dutch player OOS International presented the lowest bids in the competition and were expected to land one contract each.

Petrobras’ shipping arm, Transpetro, has more than doubled the number of suezmax dynamic positioning two (DP2) shuttle tanker ...

TechnipFMC, once labelled as one of the front-runners for the Buzios-11 subsea prize, finished in a distant fourth and last ...

Petrobras reported Q4 total oil and gas production declined 10.5% to 2.63M boe/day from the year-earlier quarter, while also ...

Brazilian state-run oil giant Petrobras reported on Monday a 10.5% decrease in its total fourth-quarter oil and gas ...

Petrobras, the state-owned oil company in Brazil, reported a 10.5% drop in its fourth-quarter total oil and gas production compared to a year ago.

Brazilian state-run oil giant Petrobras reported on Monday a 10.5% decrease in its total fourth-quarter oil and gas production from a year earlier, while also experiencing lower sales and exports.

Work on the contract is set to commence in January 2025.