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The Latest Breaking News from Petrobras

‘Will you stop exploring yours?’: Latin America forges ahead on new oil frontier

About half the countries in the region are experiencing a rush in oil exploration that threatens the global drive to achieve net zero. But many argue that they have a right to enrich themselves in the same way the west has

The Guardian - UK

3 Energy Stocks With High Q2 Earnings Growth Estimates

Recent crude oil price surges, robust demand, and supply concerns due to rising geopolitical instability and extended OPEC+ production cuts are creating strong tailwinds for the energy sector. Hence, quality energy stocks, Baker Hughes (BKR), Energy Transfer (ET), and Cenovus Energy (CVE), with high Q2 earnings growth estimates, could be…

StockNews.com

Brazil's Petrobras Faces Government Intervention Concerns

Magda Chambriard takes over as head of Petrobras amidst concerns of government influence and environmental impact on oil exploration in Brazil.

Top News

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Petrobras new chief sworn in as market worries Brazil's government will have heavier hand

The head of Brazil’s state-run oil giant Petrobras, Magda Chambriard, has been sworn in as market concerns of increased government intervention in the company mount

The Independent UK

3 Energy Stocks Analysts See Huge Upside For

Oil prices recently hit seven-week highs on expectations of robust energy demand and supply concerns amid escalating geopolitical instability and extended OPEC+ production cuts. Hence, quality energy stocks ConocoPhillips (COP), Schlumberger (SLB), and Baker Hughes (BKR), with solid upside potential, could be ideal investments now. Read more….

StockNews.com

Brazil's New Petrobras Chief Calls To Speed Up Oil Exploration

The new boss of Brazil's Petrobras said Monday it was crucial that the state-run company "accelerate" oil exploration, including in a controversial offshore basin near the mouth of the Amazon River.

International Business Times

Ex-regulator Confirmed As New Chief Of Brazil's Petrobras

Brazil's state-run oil company, Petrobras, confirmed former regulator Magda Chambriard as its new chief executive Friday, 10 days after left-wing President Luiz Inacio Lula da Silva sacked her predecessor.

International Business Times

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Chief Of State Oil Company Dismissed In Brazil

The CEO of Brazil's state oil company Petrobras has been sacked, the government announced Tuesday.

International Business Times

Brazil Government Announces Petrobras Chief Dismissed

The government of Brazilian President Luiz Inacio Lula da Silva announced Tuesday that the CEO of state oil company Petrobras has been sacked.

International Business Times

Brazil Faces Indigenous Resistance To Amazon Oil Drilling Plans

Indigenous opposition to oil drilling in the Amazon raises concerns about environmental impact and Indigenous rights in Brazil.

Top News

Brazil Judge Suspends Petrobras Chairman For Conflict Of Interest

Judge suspends Petrobras chairman over conflict of interest, underscoring the importance of ethical governance in the oil industry.

Top News

Brazil's Lula To Discuss Future Of Petrobras CEO

President Lula calls meeting to discuss Petrobras CEO's future amid company challenges and its impact on Brazil's energy sector.

Top News

3 Energy Stocks Set to Soar Beyond Expectations

Given the geopolitical tensions, increasing global oil demand, and supply adjustments, the energy sector is poised for robust growth. Therefore, investors might consider investing in energy stocks TechnipFMC (FTI), Weatherford International (WFRD), and ChampionX (CHX), which are poised to exceed expectations. Keep reading….

StockNews.com

3 Energy Dividend Stocks Analysts Like Better Than Petrobras

With Petrobras disappointing on its dividend payouts, investors might consider these three dividend-paying energy stocks that analysts rate higher than the Brazilian oil giant.

Barchart

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The Guardian - US

Revealed: How the global oil industry is fueling Israel’s war on Gaza

Analysis shows how jets and tanks are being kept fueled despite interim ICJ ruling warning Israel to prevent genocidal acts

Motorsport

Top 10: F1 feeder series kings who were overlooked the following year

Theo Pourchaire has become the third driver in succession miss out on a graduation to Formula 1 in the year after winning the Formula 2 title. As with Oscar Piastri (2021) and Felipe Drugovich (2022) before him, the Sauber junior will watch from the sidelines this year, though he will…

Autosport

Top 10: The F1 feeder series kings who were overlooked the following year

StockNews.com

Magnificent 7 Oil & Gas Stocks to Buy

The burgeoning demand for oil and gas, coupled with supply shortages, is propelling its prices, which is serving as an enduring tailwind for the energy sector. As the energy industry’s prospects appear bright, let's look at the fundamentals of the magnificent energy stocks Petróleo Brasileiro S.A. - Petrobras (PBR), Eni…

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The Independent UK

Brazil's Lula takes heat on oil plans at UN climate talks, a turnaround after hero status last year

At last year's climate talks, then Brazilian President-elect Inacio Lula da Silva was received as a hero with chants of “Lula

Barchart

Is Brazil's Biggest Oil Stock a Value Buy Right Now?

As Brazil becomes the latest member of the OPEC+ alliance, could the country's state-run energy giant Petrobras emerge as a top oil pick for 2024?

International Business Times

COP28 Puts Spotlight On State Oil Giants

Western energy firms are the usual suspects when it comes to criticism about the sector's role in climate change, but a less visible lineup of powerful state companies dominates the industry.

The Independent UK

Oil companies attending climate talks have minimal green energy transition plans, AP analysis finds

Oil and gas companies have a large presence at international climate talks aimed at getting the world to sharply reduce emissions, which lead to climate change

The Guardian - UK

Authors join call for Baillie Gifford to divest from fossil fuel

More than 150 writers and industry professionals are asking the firm, which is a leading sponsor of UK literary festivals, to drop their investments

The Guardian - UK

Europe’s banks helped fossil fuel firms raise more than €1tn from global bond markets

Exclusive: Pan-European investigation looked at thousands of transactions since Paris climate agreement in 2016

Barchart

1 Standout Oil Stock to Buy as Crude Hits Another New 2023 High

Soaring oil prices are just one factor that make this outperforming energy stock a top choice for investors.

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