South Africa’s oil refiner’s future in jeopardy after oil refiners’ halts operations
Glencore’s Astron Energy has halted operations due to an explosion in July...
Petrobras
Petrobras to sell 50% stake in the famed Marlim oil cluster
The Marlim cluster is located in the Campos Basin, offshore Brazil...
Petrobras restarts oil trade with Vitol and others after two years
The company will spend $40 bn between 2021 and 2025 on capital...
Petrobras and Microsoft continue to work together despite of Covid 19 pandemic
The oil major will process its myriad of geological data with the...
Petrobras begins new development for Santos Basin oil project
Metro field produces 26,000 bpd of crude oil, daily...
Brazil’s oil major Petrobras expands presence into Asia
Brazil imported an average of 1.07 million barrels per day of oil...
Petrobras is preparing tender for Brazil’s largest oil platform
Petrobras plans to launch the tender by the end of August...
Oil giant Petrobras to lay off 20% of its workforce
Brazilian state-owned oil company Petrobras could let go around 20 percent of...
Petrobras to issue global bonds in the US market
Petrobras hired BNP Paribas Securities, BofA Securities, Itau BBA USA Securities, J.P....
Brazil’s Petrobras to cut production by 3% in response to coronavirus
The company will also delay dividend payment and slashed 2020 investments by...