Latest news with #PETR4
Reuters
2 days ago
- Business
- Reuters
Brazil's Petrobras to cut average jet fuel prices by 7.9% as of June
RIO DE JANEIRO, May 30 (Reuters) - Brazilian state-run oil firm Petrobras ( opens new tab will cut its average jet fuel prices to distributors by 7.9%, or 0.28 real ($0.0490) per liter, starting June 1, the company said in a statement on Friday. ($1 = 5.7174 reais)
Reuters
3 days ago
- Business
- Reuters
Brazil's Petrobras to commission 52 vessels by 2026-end in $5.1 billion investment
RIO DE JANEIRO, May 29 (Reuters) - Brazil's state-run oil firm Petrobras ( opens new tab will commission 52 vessels by 2026, investing 29 billion reais ($5.12 billion), said Chief Executive Magda Chambriard during an event on Thursday alongside President Luiz Inacio Lula da Silva. Without providing further details, Chambriard said the firm will ensure up to 65% in local content for the construction of the vessels, which would help boost Brazil's shipbuilding industry. ($1 = 5.6621 reais)
Reuters
12-05-2025
- Business
- Reuters
Brazil's Petrobras posts 49% increase in Q1 net profit
RIO DE JANEIRO, May 12 (Reuters) - Brazilian state-run oil firm Petrobras ( opens new tab posted on Monday a net profit of 35.2 billion reais ($6.21 billion) for the first quarter, up 48.6% from a year earlier. Petrobras' adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) stood at 61 billion reais, a 1.7% increase over the same period of 2024. Without non-recurring effects, adjusted EBITDA stood at 62.3 billion reais, Petrobras said. Analysts polled by LSEG had expected a 62.9 billion real EBITDA. Net revenue for the firm rose 4.6% to 123.1 billion reais, slightly below the 124.9 billion reais expected by analysts. Capex for the first quarter of this year came in at $4.1 billion. ($1 = 5.6699 reais)
Reuters
12-05-2025
- Business
- Reuters
Petrobras announces $2.1 billion in dividends and interest on equity
SAO PAULO, May 12 (Reuters) - Brazilian state-run oil firm Petrobras ( opens new tab said on Monday its board of directors approved the payment of 11.72 billion reais ($2.07 billion) in dividends and interest on equity to shareholders, or about 0.91 real per share. ($1 = 5.6699 reais)
Reuters
09-05-2025
- Business
- Reuters
Brazil's Petrobras reports fresh oil discovery in the Santos Basin
SAO PAULO, May 9 (Reuters) - Brazil's Petrobras ( opens new tab has identified oil "of excellent quality and without contaminants" in an exploratory well at the pre-salt of the Santos Basin, the company said in a statement on Friday.
