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Dec 30 (Reuters) - Brazilian union Sindipetro-NF, one of the largest representing Petrobras workers, accepted on Tuesday a counteroffer from the state-run oil company for a labor deal, suspending a strike launched earlier this month. Sindipetro-NF was the only one among more than ten unions affiliated with FUP, an umbrella organization for oil workers, that remained... Continue Reading →
Dec 29 (Reuters) - Brazil's Superior Labor Court ruled staffing levels to remain at 80% at all Petrobras facilities in Brazil as negotiations between workers at the state-run oil company drag on amid a prolonged strike. In a statement from the court, the ruling made on Saturday also bars worker unions from blocking the transportation of... Continue Reading →
Dec. 24 (OE) BP has agreed to sell a 65% stake in its Castrol lubricants business to infrastructure investor Stonepeak at an enterprise value of about $10 billion, as the energy major presses ahead with its divestment program and balance sheet repair. The transaction is expected to generate net proceeds of around $6 billion for... Continue Reading →
Dec. 23 – Petrobras announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices to the holders of the outstanding 8.750% Global Notes due 2026 (the “Notes”) announcing the redemption price for the Notes. As previously announced, the redemption date for the Notes will be December 29, 2025 (the “Redemption Date”). Title... Continue Reading →
Dec. 19 - BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), in response to the Official Letter n. 343/2025/CVM/SEP/GEA-1, sent to the Company in December 17, 2025 (“Official Letter”), hereby clarifies the news published by the newspaper CNN Brasil, section Economia/Negócios, in December 17, 2025 (link available here). The contents of the Official Letter are... Continue Reading →
December 15, 2025 – Petróleo Brasileiro S.A. - Petrobras informs that it has been notified by Novonor S.A. – Em Recuperação Judicial (“Novonor”) and NSP Investimentos S.A. (“NSP Inv.”), a subsidiary of Novonor, regarding the execution of an “Exclusivity Agreement with Shine I Fundo de Investimento em Direitos Creditórios de Responsabilidade Limitada (‘FIDC’), a credit... Continue Reading →
Dec 15 (Reuters) - A strike at Brazil's Petrobras has reached workers in refineries and offshore oil platforms, according to local union FUP, as the state-run oil firm said the mobilization has had no impact on output so far. The firm said on Monday that it has adopted contingency measures to ensure operational continuity, adding... Continue Reading →
Dec. 11 (oilprice.com) Workers at Brazil's Oil & Gas giant Petróleo Brasileiro S.A. (NYSE:PBR), aka Petrobras, have announced a nationwide strike starting December 15, terming the company's latest counteroffer for a labor agreement as "disrespectful”. Petrobras workers have been pushing for changes to the employee compensation structure, claiming there’s a deficit in the retirement fund. However, Reuters cited an... Continue Reading →
Dec. 11 (agazeta.com.br) Petrobras has restructured its low-carbon energy portfolio, reducing its ambition in renewable generation projects and positioning offshore wind energy as a long-term priority. In line with this new strategy, which prioritizes balancing demand and regulatory market evolution, the company maintained only one pilot project in Rio de Janeiro, thus removing broader development... Continue Reading →
Dec. 11 - Petrobras, following up on the Material Fact from November 6, 2025, informs that the distribution of remuneration to shareholders, approved on that date by the Board of Directors, in the amount of R$ 12.16 billion, equivalent to R$ 0.94320755 per common and preferred share outstanding, will be paid as follows, according to the decision... Continue Reading →
Brazil Energy Insight 