News

The Polo Bahia Terra is known for its comparatively high production costs compared to the prolific pre-salt deepwater fields.
Brazil's state-run oil firm Petrobras is weighing options for its Polo Bahia onshore oil fields, including a potential sale, ...
Brazil’s Petrobras is reportedly weighing the sale of its onshore operations in the northeastern Bahia state amid low oil prices. Petrobras CEO Magda Chambriard said that oil and gas production on the ...
Petróleo Brasileiro (NYSE:PBR) is evaluating multiple options, including a sale of its onshore operations in Bahia state in ...
The planned investments include 29bn reais in Petrobras CapEx and an additional 4bn reais in a project that operates with ...
“Producing from Bahia Terra is expensive. When oil is $100 a barrel, it’s more viable than at $65,” Chambriard explained ...
Brazilian state-run oil firm Petrobras will invest 26 billion reais ($4.80 billion) in an integration between the Reduc ...
Brazil’s state-controlled oil producer Petrobras announced on Thursday about 30 billion reais ($5.5 billion) in refining and ...
Petrobras unveiled plans to invest ~$5.5B in refining and petrochemicals in Brazil's Rio de Janeiro state that align with the ...
Petrobras remains cheap, but persistent macro, geopolitical, and government risks weigh on any re-rating potential, ...
According to multiple sources close to the development, state-run Oil and Natural Gas Corporation (ONGC) is already in talks with Brazil’s Petrobras and London-headquartered BP Plc, in addition to ...
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