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Petrobras Plans to Return Nearly 60 Pct of 2023 Profit to Investors

Petrobras recorded its second highest annual net income, raking in $24.9 billion for 2023, and plans to distribute 58.1 percent of that as dividends.

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Petrobras Closes Acquisition of STP Stakes in Africa

The operation marks the resumption of exploratory operations on the African continent, with the aim of diversifying the portfolio .

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Petrobras Boosts 2023 Oil and Gas Production for 3.7%

Brazil's state-run oil company Petrobras has reached total oil and natural gas production of 2.78 MMboed in 2023, which is an increase of 3…

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