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March 8 (PN) Petrobras plans to accelerate the ramp-up of production from the newest platforms in the Búzios field, in the pre-salt layer of the Santos Basin. According to the company's Director of Engineering, Technology and Innovation, Renata Baruzzi, the idea is to anticipate the increase in production from both the P-78 (already in production)... Continue Reading →
March 6 - Petrobras accelerated the pace of its investments last year. In total, the company spent US$20.3 billion in 2025, a 22.2% increase compared to the previous year. Furthermore, this is the company's highest investment level since 2019. The value was also 9.7% above the forecast in the company's 2025-2029 business plan, remaining within... Continue Reading →
March 6 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), informs its investors and the market in general of the preliminary and unaudited production data for the month of February 2026. Potiguar – The decline in productivity observed in recent months reflects the shutdown of facilities in the region, resulting from the audit concluded... Continue Reading →
Rio de Janeiro, March 05, 2026 – Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors, in a meeting held today, authorized the submission to the Annual General Meeting (AGM), scheduled for April 16, 2026, of the proposal for the distribution of shareholder remuneration related to the fourth quarter of 2025 in the... Continue Reading →
Rio de Janeiro, March 05, 2026 “2025 results confirm the consistency of our strategy, based on capital discipline, production growth and operational efficiency. Even in a backdrop of a sharp decline in Brent prices, we generated US$ 36 billion in operating cash for the year. We continue to deliver a robust cash flow, supported by... Continue Reading →
March 4 (TN) Petrobras and the startup Wiise have partnered to develop innovative software based on artificial intelligence (AI) to support specialists in risk analysis of offshore wells. With an investment of R$ 11.2 million in Research and Development (R&D), the project developed by Wiise goes beyond process automation, proposing the creation of a methodology... Continue Reading →
March 3 (oilprice.com) South America’s largest economy, Brazil, is on track to be a top 5 global oil producer. During 2023, Brazil received an offer to join the OPEC+ price cartel, but it took until early 2025 for the government in the capital Brasilia to accept membership. This signaled a significant change in government strategy, with... Continue Reading →
March 2 (Reuters) - Brazilian state-run oil firm Petrobras sees oil prices under pressure due to the conflict in Iran, but does not usually pass through sudden volatility to the domestic fuel market, its chief executive officer said on Monday. Global oil prices jumped after Iran's retaliatory attacks disrupted shipping through the Strait of Hormuz, following weekend strikes by Israel... Continue Reading →
March 2 - In January 2026, Brazil produced 5.168 million barrels of oil equivalent per day (boe/d) of oil and natural gas. The data was released today by the ANP in its Monthly Oil and Natural Gas Production Bulletin. Regarding oil, 3.953 million barrels per day (bbl/d) were extracted, a decrease of 1.5% compared to... Continue Reading →
March 1 - After a softer 2025, floater backlog is strengthening for 2026 and beyond, driven by early contracting, strong South American demand, and a growing pipeline of 2027+ programs. By the close of 2025, total floating rig backlog days had fallen 25% compared with 2024. This was in large part due to few contract... Continue Reading →
