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Brazil's Petrobras expects annual capital expenditures to be between the midpoint and top of its current estimates, as it rolls out investments faster than expected, the state-run oil company's chief financial officer said on Friday.
Brazilian state-run oil firm Petrobras on Thursday posted a $6.03 billion net profit for the third-quarter, a 2.7% increase when compared to the same period a year earlier.
Brazilian state-run oil firm Petrobras said on Monday that its board of directors has approved a new voluntary redundancy program targeting about 1,100 people.
Colombia's state-run energy company Ecopetrol and Brazil's state-run oil firm Petrobras announced on Thursday a partnership for the joint marketing of natural gas from Colombia's Sirius project.
Brazil's Petrobras has authorized studies for a logistics center in the Amazonian state of Amapa, where the state-run oil firm started exploring in a promising offshore block last week, state Governor Clecio Luis told Reuters.
Brazilian state-run oil firm Petrobras reported on Friday a total oil, gas and gas liquids production of 3.14 million barrels of oil equivalent per day (boed) in the third quarter, up some 17% from a year earlier.
Brazil's state-run oil firm Petrobras and Norway's Equinor were the big winners in an auction for blocks in Brazil's pre-salt area, acquiring one block each and partnering up to explore a third one, the country's oil regulator ANP made public on Wednesday.
Brazilian state-run oil company Petrobras' could start oil and gas production in the Foz do Amazonas basin within seven years if large reserves are confirmed, the company's Chief Executive Magda Chambriard told Reuters on Tuesday.
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