December 1, 2025 – Petróleo Brasileiro S.A. – Petrobras announces that it has been notified by Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) regarding the approval of the addendum to the Production Individualization Agreement (AIP) of the Tupi Shared Reservoir, located in the Santos Basin, which becomes effective as of today. The... Continue Reading →
Petrobras Postpones Contracting Two FPSOs until after 2030: Albacora and SEAP I
Nov. 28 - Petrobras has postponed the contracting of two FPSO (floating production, storage and offloading) units until after 2030: one for the Albacora field revitalization project and the other for the second FPSO for Sergipe Águas Profundas (SEAP). Both units were left out of the horizon of the company's new 2026-2030 Business Plan. The... Continue Reading →
Equatorial Margin to Receive Largest Share of Petrobras’ Exploration Investments, with 15 New Wells
Nov. 28 - The company's new strategic plan for the period between 2026 and 2030 reveals a paradigm shift in the search for new reserves. Although the pre-salt layer will continue to receive a significant amount of investment, the Equatorial Margin will receive the largest share of the state-owned company's resources over the next five... Continue Reading →
Petrobras cuts dividend, investment projections in new five-year business plan
Nov 27 (Reuters) - Brazilian state-run oil firm Petrobras has lowered its dividend forecast and cut expected investments by almost 2% in a new five-year business plan announced Thursday, as it grapples with lower crude prices. Petrobras expects to dole out between $45 billion and $50 billion during the 2026-2030 period in ordinary dividends, a... Continue Reading →
Petrobras approves Business Plan 2026-2030
November 27, 2025 – Petróleo Brasileiro S.A. – Petrobras announces that its Board of Directors approved, during a meeting held today, the Business Plan 2026-2030 (BP 2026-30). In BP 2026-30, Petrobras maintains the strategies defined in the Strategic Plan 2050 (SP 2050) and reaffirms its vision of being the best diversified and integrated energy company... Continue Reading →
Petrobras investment to drop in first cut under Brazil’s Lula
Nov 26 (Reuters) - Brazilian state-run oil firm Petrobras' five-year investment plan will see its first cut under President Luiz Inacio Lula da Silva's government due to lower oil prices, three sources familiar with the matter told Reuters. The new plan, to be unveiled on Thursday, is set to have a capital expenditure about 2%... Continue Reading →
Petrobras supplies Transpetro ships with bunker fuel containing 24% renewable content
Nov. 26 - Petrobras supplied three Transpetro ships with bunker fuel containing 24% renewable content. The operation took place at the São Sebastião Waterway Terminal (Tebar), in São Paulo. The fuel that supplied the vessels is composed of 24% biodiesel supplied by Petrobras Biocombustível (PBio). The ships Zumbi dos Palmares, with approximately 1,300 tons, and... Continue Reading →
Petrobras Approves SBM’s Proposal in Sergipe Deepwater FPSO Tender
Nov. 25 - Petrobras' Bidding Committee announced that it has approved SBM Offshore's proposal in the tender for contracting the Sergipe Deepwater FPSO (SEAP) vessels. The approval was given during the proposal effectiveness evaluation phase. It's worth noting that SBM Offshore offered the lowest prices in the FPSO tender. The Dutch company submitted a total... Continue Reading →
SISTAC Renews Contract with DOF Subsea for Pipeline Maintenance and Inspection
Nov. 21 - SISTAC, a company operating in the Brazilian market for inspection, maintenance, and repair of submerged structures for the oil and gas industry, has signed a long-term contract addendum with the Norwegian company DOF Subsea for operations in the Campos, Santos, and Espírito Santo basins. The partnership guarantees the continued use of divers... Continue Reading →
Petrobras informs about the payment of remuneration to shareholders
November 21, 2025 – Petróleo Brasileiro S.A. – Petrobras, following up on the Material Fact published on 08/07/2025, informs that it will make today the payment of the first installment of shareholder remuneration declared based on the balance sheet of June 30, 2025. The gross amount to be distributed today, entirely in the form of... Continue Reading →