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Petróleo Brasileiro S.A. - PetrobrasPBR
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Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil and internationally.

The company operates through Exploration and Production; Refining, Transportation and Marketing; and Gas and Power.

It also engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons.

The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries.

The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, marketing, and trading of crude oil and oil products; exportation of ethanol; and extraction and processing of shale, as well as holding interests in petrochemical companies.

The Gas and Power segment is involved in the logistic and trading of natural gas and electricity; transportation and trading of LNG; generation of electricity through thermoelectric power plants; holding interests in transportation and distribution of natural gas; and fertilizer production and natural gas processing business.

In addition, the company produces biodiesel and its co-products, and ethanol; and distributes oil products.

Further, it engages in research, development, production, transport, distribution, and trading of energy.

Petróleo Brasileiro S.A. - Petrobras was incorporated in 1953 and is headquartered in Rio de Janeiro, Brazil.

Latest News >
Mason Capital-Led Group in Partnership With IES Holdings, Other Investors Completes CB&I Acquisition
Mason Capital-Led Group in Partnership With IES Holdings, Other Investors Completes CB&I Acquisition
Dec 9, 2024
09:46 AM EST, 12/09/2024 (MT Newswires) -- A group led by Mason Capital Management in partnership with IES Holdings ( IESC ) and other investors has completed the acquisition of CB&I, CB&I said Monday. CB&I is a builder of storage facilities, tanks and terminals for energy and industrial markets, CB&I said Monday. Financial details of the deal were not provided....
US Listed Chinese Stocks Jump On China's Stimulus Measures, Looser Monetary Policy Assurances
US Listed Chinese Stocks Jump On China's Stimulus Measures, Looser Monetary Policy Assurances
Dec 9, 2024
On Monday, U.S.-listed Chinese stocks like Alibaba Group Holding ( BABA ). , JD.com, Inc. ( JD ) , Baidu, Inc. , NIO Inc. , Li Auto Inc. , and XPeng Inc.  maintained their upward trajectory ahead of a key policy meeting this week. China reportedly plans to host its annual economic planning meeting, at which it will discuss its financial goals and additional stimulus measures. On Monday, President Xi Jinping led...
Stereotaxis Says Magbot Catheter Cleared in China
Stereotaxis Says Magbot Catheter Cleared in China
Dec 9, 2024
09:47 AM EST, 12/09/2024 (MT Newswires) -- Stereotaxis ( STXS ) said Monday its Magbot Magnetic Navigation Ablation Catheter, developed with Shanghai MicroPort EP Medtech, received regulatory approval from China's National Medical Products Administration. The company said the Magbot catheter, used for treating specific heart rhythm disorders, is designed for use with Stereotaxis' ( STXS ) robotic systems and MicroPort's...
Factbox-Brokerages still expect 25-bps US rate cut in December
Factbox-Brokerages still expect 25-bps US rate cut in December
Dec 9, 2024
(Reuters) - Citigroup has lowered its expectations for an interest-rate cut at the U.S. Federal Reserve's December meeting, joining peers in predicting a 25-basis-point reduction, following robust nonfarm payrolls data. Brokerages including Morgan Stanley and Goldman Sachs reiterated their expectation of a 25-basis-point cut after the jobs data. Data showed nonfarm payrolls increased by 227,000 jobs last month after rising...
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