Petrobras (PBR), the state-owned oil and gas company of Brazil, is now planning to purchase assets following a decade-long divestiture of its oil blocks and refineries, per Bloomberg report. Sergio ...

Petróleo Brasileiro S.A. – Petrobras PBR, the Brazilian state-run oil and gas company, has been facing pressure from the government to reconsider its asset sales strategy. The company's board of ...

Conditions are "not favorable" for Petrobras (NYSE:PBR) to proceed with planned asset sales, Brazil President Luiz Inacio Lula da Silva said according to Argus Media in his first specific comments on ...

Petrobras (PBR.A) shares are getting a lift on Wednesday as the Brazil-based oil and gas giant is in negotiations to sell is Argentina assets to Pampa Energia (PZE). While the transaction is still ...

Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Petroleo Brasileiro SA- Petrobras ( (PBR) ...

Shares of Brazilian oil giant Petroleo Brasileiro S.A., aka Petrobras (NYSE:PBR) fell 2.09% to close at $8.89 on May 25. The state run company is not only grappling with huge debts but is also ...

Petrobras’ PBR divestment plans could be in jeopardy as the Brazilian Supreme court has issued injunctions suspending the sale of some major assets of the company. The court’s ruling suspends the sale ...