Petrobras Sees Amapá Ultra-Deepwater Oil Production Within Seven Years After Foz do Amazonas Find
Energy

Petrobras Sees Amapá Ultra-Deepwater Oil Production Within Seven Years After Foz do Amazonas Find

Hydrocarbons in the Morfo well point to a new Brazilian frontier; CEO Magda Chambriard says Amapá could be producing ult...

Aoife Keane 👁 44 💬 0
Petrobras Strikes Hydrocarbons in Brazil's Equatorial Margin Well
Energy

Petrobras Strikes Hydrocarbons in Brazil's Equatorial Margin Well

The Morpho well in the Foz do Amazonas basin has found oil or gas indications, raising the stakes for a frontier that co...

Aoife Keane 👁 47 💬 0
Petrobras Confirms Hydrocarbons in Foz do Amazonas Well, but No Commercial Volumes Yet
Energy

Petrobras Confirms Hydrocarbons in Foz do Amazonas Well, but No Commercial Volumes Yet

CEO Magda Cambriard says the Morpho well confirms an active petroleum system in the Foz do Amazonas basin, while drillin...

Aoife Keane 👁 49 💬 0
Petrobras H1 Net Profit Soars 55% to $16.6B on Soaring Oil Prices and Record Output
Companies

Petrobras H1 Net Profit Soars 55% to $16.6B on Soaring Oil Prices and Record Output

Petrobras reported a 55.3% jump in first-half net profit to $16.6 billion, driven by a 29% rise in Brent prices and reco...

Declan Byrne 👁 32 💬 0
Petrobras Q2 Earnings Surge, Yet Analysts Say Pricing Policy Cost $1.8 Billion
Companies

Petrobras Q2 Earnings Surge, Yet Analysts Say Pricing Policy Cost $1.8 Billion

Petrobras reported record production and strong Q2 earnings, but domestic fuel prices below international parity cost th...

Declan Byrne 👁 30 💬 0
Petrobras Posts R$52.4bn Q2 Profit, Nearly Doubling Year-Ago, on Soaring Oil Prices
Companies

Petrobras Posts R$52.4bn Q2 Profit, Nearly Doubling Year-Ago, on Soaring Oil Prices

Petrobras reported net profit of R$52.4 billion for Q2 2026, a 96.8% jump, fueled by a 54% surge in Brent crude prices a...

Declan Byrne 👁 32 💬 0
Ibovespa Rises on Global Optimism but Petrobras and Insurers Drag; Dollar at R$5.11
Markets

Ibovespa Rises on Global Optimism but Petrobras and Insurers Drag; Dollar at R$5.11

Brazilian stocks climbed 0.8% as US-Iran tension eased, lifting bank shares, while oil and insurance stocks fell. Morgan...

Yael Ben-David 👁 37 💬 0