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Petrobras Sets Out $78 Billion in Capex for 4-year Period

Petrobras' biggest budget share for 2023-2027 will go toward pre-salt efforts, which are expected to deliver 78% of the company’s production by the end of 2027. ....

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Petrobras reports $8.8bn in net profit in Q3 2022

Brazil's state-run oil firm Petrobras has reported a 47.6% increase in net profit for Q3 2022, due to higher prices of Brent crude. ....

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Petrobras' P-71 FPSO Starts in 2022, Four to Follow

Brazil’s state-owned Petrobras looks to start up an FPSO unit this year ahead of schedule followed by four others in 2023 with combined capacity to produce 630,000 bbl/d. ....

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Brazil's Petrobras Seeing Continued Drop in LNG Imports, Natural Gas Demand

Brazilian national oil company Petróleo Brasileiro SA (Petrobras) saw falling natural gas demand and the need for fewer LNG cargoes for the second ....

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Brazil's Petrobras Reports Lower LNG Imports, Falling Natural Gas Demand

Brazilian national oil company Petróleo Brasileiro (Petrobras) saw falling natural gas demand and the need for fewer liquefied natural gas (LNG) cargoes ....

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