Petrobras, pursuant to CVM Resolution No. 44/21, informs that its Board of Directors (CA), in a meeting held today, approved the payment of interim dividends and interest on equity in the amount of R$ 11.72 billion, equivalent to R$ 0.90916619 per outstanding common and preferred share, as an anticipation of the remuneration to shareholders, related... Continue Reading →
EDP Renovaveis Expects Core Recurring Profit in 2025
(Reuters) EDP Renovaveis, the world's fourth largest wind energy producer, said on Thursday it expects core recurring profit to grow 13% in 2025 on the back of a solid operational performance, despite a 24% drop in net income in the first quarter. The renewables arm of Portugal's EDP said earlier that its first-quarter net profit fell to... Continue Reading →
Brava Energia terminates negotiations related to the divestment process onshore and shallow water assets in Bahia
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, further to the material facts disclosed on December 27, 2024, January 10, 2025, and March 6, 2025, hereby informs its investors and the general market that, today, the Company has decided to terminate the negotiations related to the divestment process onshore... Continue Reading →
CEO Magda Chambriard confirms Maurício Tolmasquim’s departure from Petrobras
(eixos) Petrobras CEO Magda Chambriard confirmed that the company's Energy Transition and Sustainability Director, Maurício Tolmasquim, is leaving his position. The decision comes after Tolmasquim was appointed to the Board of Directors of Eletrobras by President Luiz Inácio Lula da Silva. Magda Chambriard spoke to the press during her participation in the Offshore Technology Conference... Continue Reading →
OTC 2025: Petrobras CEO outlines company’s aggressive E&P plans
(OM) Petrobras has upped its oil and gas exploration budget to develop new frontiers and expand production, even as it intends to foster the “energy transition” and work towards the Net Zero by 2050 goal. Those were among the thoughts offered by Petrobras CEO Magda Chambriard at a technical session held on Monday at the... Continue Reading →
Brava Energia change in the composition of the Board of Directors and the Statutory Audit Committee
BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that, on May 2, 2025, received letters of resignation from Mr. Rogério Paulo Calderón Peres, from the positions of member of the Board of Directors and Coordinator of the Statutory Audit Committee,... Continue Reading →
Shell profit beats expectations, buybacks kept steady
(Reuters) - Shell (SHEL.L), opens new tab exceeded analyst expectations on Friday, reporting a 28% drop in first-quarter net profit to $5.58 billion, while holding steady the pace of its share buyback programme despite falling oil prices and lower refining margins. That contrasts with rival BP (BP.L), opens new tab that cut its buybacks this year to try to strengthen its... Continue Reading →
Eletrobras shareholders elect board, approve deal to end dispute with Brazil
(Reuters) - Shareholders of Brazilian power firm Eletrobras on Tuesday elected a new board and approved a proposal to end a legal dispute over the government's voting power in the company. The agreement allows the government to nominate three of Eletrobras' 10 board members. Shareholders elected Vicente Falconi, Ana Matte, Felipe Villela, Marisete Pereira, Carlos Ferreira and Jose... Continue Reading →
Brava Energia announces new Offshore Operations Director
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), in compliance with the provisions of CVM Resolution No. 44 and the Novo Mercado Regulation, and complementing the Material Fact disclosed on January 30, 2024, hereby informs its shareholders and the market in general that, on this date, Mr. Carlos José do Nascimento Travassos has assumed the... Continue Reading →
Ørsted Streamlines Offshore Wind Executive Team
Ørsted has expanded its Group Executive Team with the appointment of two new members, enabling the representation of the full offshore wind value chain, including development, construction, and generation. Effective from May 1, 2025, Amanda Dasch has been appointed Chief Development Officer (CDO) and will head up Ørsted Commercial, which covers commercial development activities across... Continue Reading →