Oil, gas, strategy, governance and the global role of Brazil’s largest energy company.
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Petrobras closed at a record R$700.08 billion market capitalization on October 2 after reporting another oil-bearing interval at an exploratory well off Amapá. The result remains preliminary, with environmental licensing under appeal.
Petrobras closed at a record R$700.08 billion market capitalization on October 2 after reporting another oil-bearing interval at an exploratory well off Amapá. The result remains preliminary, with environmental licensing under appeal.
Petrobras has signed production-sharing contracts for eight offshore exploration blocks in Côte d’Ivoire, giving the Brazilian company operatorship of 34,000 square kilometers in a deepwater frontier area.