April 30 (Reuters) - Brazil's Petrobras has cut to zero its oil exports to the U.S., as the conflict in Iran reshaped oil flows across the world and China became the destination for around 62% of the state-run oil firm's crude sent abroad in the first quarter. Petrobras exported about 1.12 million barrels per day of... Continue Reading →
Petrobras 1Q26 Production & Sales Report
April 30 - Petrobras' average production of oil, natural gas liquids (NGL), and natural gas in the first quarter of 2026 reached a record 3.23 million barrels of oil equivalent per day (MMboed). This figure is 3.7% higher than the fourth quarter of 2025 and 16.1% higher than the first quarter of last year, mainly... Continue Reading →
Mexico’s Sheinbaum expects oil firm Pemex to reach agreement with Brazil’s Petrobras
April 30 (Reuters) - Mexican President Claudia Sheinbaum said on Thursday she expects state oil firm Pemex (PEMX.UL) and its Brazilian counterpart Petrobras to reach an agreement, after Brazil's president pitched a partnership earlier this year. Sheinbaum told her regular morning press conference she would travel to Brazil to sign a deal with President Luiz Inacio... Continue Reading →
Petrobras Expands Its Presence in the Campos Basin with the Acquisition of Part of the Argonauta Ring-Fence
April 27, 2026 – Petróleo Brasileiro S.A. – Petrobras announces that it has entered into an agreement to acquire 100% of a portion of the ring-fence of the Argonauta Field (BC-10 Concession) in the Campos Basin, currently held by Shell (Shell Brasil Petróleo Ltda.), ONGC (ONGC Campos Ltda.), and Brava (Enauta Petróleo e Gás Ltda.).The... Continue Reading →
Petrobras signs new Braskem Shareholders’ Agreement
April 23, 2026 – Petróleo Brasileiro S.A. - Petrobras, following up on the announcement of April 20, 2026, informs that it has sent a notification to Novonor S.A. – Em Recuperação Judicial (“Novonor”), formally stating its decision not to exercise the Preemptive and Tag Along Rights provided for in the current Braskem S.A. (“Braskem”) Shareholders’ Agreement.... Continue Reading →
Floating Wind & Deepwater Oil and Gas – Two Worlds Collide
April 23 (OE) Over the last few years, the energy trilemma has pivoted away from energy transition to energy security and affordability. As a result, offshore oil & gas exploration and production activity, including deepwater activity, has been relatively healthy. Construction, operational support and decommissioning activity has supported the deployment of large anchor handlers and... Continue Reading →
Oceaneering pilots ROV on Brazilian offshore drilling rig from land
April 21 (offshore-energy.biz) Oceaneering has performed the first piloting operation of a remotely operated vehicle (ROV) on a drilling rig offshore Brazil from its onshore remote operations center (OROC), for Brazilian oil & gas giant Petrobras. The company’s Subsea Robotics segment and Brazilian subsidiary Marine Production Systems do Brasil LTDA (MPS) piloted an ROV located on a drilling... Continue Reading →
Petrobras informs about Braskem
Rio de Janeiro, April 20, 2026 – Petróleo Brasileiro S.A. - Petrobras, following up on the announcements of December 15, 2025, and February 12, 2026, informs that it has been notified by Novonor S.A. – Em Recuperação Judicial (“Novonor”), by NSP Investimentos S.A. (“NSP Inv.”), a subsidiary of Novonor, and by “Shine I Fundo de... Continue Reading →
Petrobras participation in a new exploration block in São Tomé and Príncipe
Rio de Janeiro, April 17, 2026 - Petróleo Brasileiro S.A. – Petrobras announces that it has signed an agreement to acquire an interest and assume operatorship of Block 3, offshore São Tomé and Príncipe, Africa, from Oranto Petroleum Limited (Oranto). The current consortium is composed of Oranto, the current operator with a 90% interest, and... Continue Reading →
Petrobras informs about shareholder remuneration
April 16, 2026 – Petróleo Brasileiro S.A. – Petrobras, following up on the Material Fact published on March 5, 2026, informs that, at a meeting held today, the Annual General Meeting (AGM) approved the remuneration to shareholders relating to the fiscal year 2025, in the total amount of R$ 41,235,750,000.00, representing R$ 3.19936420 per outstanding... Continue Reading →