Latest Petroleo Brasileiro SA Petrobras News

CEO of Brazil’s oil and gas giant Petrobras steps down following dustup over dividends

May. 15, 2024 15:33 PM EDT

RIO DE JANEIRO (AP) — The head of Brazil’s state-controlled oil and gas giant Petrobras has stepped down, the company said Wednesday, following months of tensions with the federal government. Petrobras opted not to pay extraordinary dividends to its shareholders earlier this...

Petrobras: Q1 Earnings Snapshot

May. 14, 2024 05:09 AM EDT

RIO DE JANERIO RJ BR, Brazil (AP) — RIO DE JANERIO RJ BR, Brazil (AP) — Petroleo Brasileiro SA - Petrobras (PBR) on Monday reported first-quarter profit of $4.78 billion. The Rio De Janerio Rj Br, Brazil-based company said it had net income of 74 cents per share. Earnings,...