This Megaproject Could Keep Brazil’s Oil Boom Running Deep Into The 2030’s

Aug. 7 (oilprice.com) BP’s Bumerangue discovery is more than another giant Brazilian oil find: it could become the project that keeps both BP’s upstream portfolio and Brazil’s production boom alive well into the 2030s. With an estimated 2.5 billion barrels potentially recoverable and peak output that could reach 600,000 b/d, the ultra-deepwater development is large enough to... Continue Reading →

Petrobras informs about shareholder remuneration

Rio de Janeiro, August 06, 2026 – Petróleo Brasileiro S.A. - Petrobras, pursuant to CVM Resolution No. 44/21, informs that its Board of Directors, in a meeting held today, approved the payment of shareholder remuneration in the amount of R$ 17.4 billion, equivalent to R$ 1.34814262 per outstanding common and preferred share, as an anticipation... Continue Reading →

Petrobras financial performance – 2Q26

Rio de Janeiro, Aug 06, 2026 “The operational records we achieved in this second quarter led to one of Petrobras’ highest quarterly financial results in our time series. The increase in oil and oil products output, alongside higher Brent prices, strengthened our cash generation." Fernando Melgarejo, Chief Financial and Investor Relations Officer       ... Continue Reading →

Brava Energia Earnings Release | 2Q26 

Rio de Janeiro, August 5, 2026 – Brava Energia (“Brava” or “Company”) (B3: BRAV3) hereby discloses its results for the second quarter of 2026 (“2Q26”): 2Q26 HIGHLIGHTS AND SUBSEQUENT EVENTSProgress across all business fronts Operational highlights Average quarterly production of 81.7 kboe/d in 2Q26, +8% Q/Q. Atlanta: production +4% Q/Q, reflecting the operational adjustments implemented throughout... Continue Reading →

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