The plans are in line with the federal government's efforts to reduce the dependence of the country – a global agribusiness ...

PBR aims to re-enter Nigeria's oil market, targeting deepwater exploration to support the country's efforts to increase oil production and attract investment.

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Petrobras aims to cut FPSO costs to $3.5 bln with simplified designs. Find the latest news from the maritime industry on the PortNews website.

Petrobras' dividend thesis is under pressure due to rising CapEx, weaker Brent prices, and declining free cash flow. Learn ...

Nigeria is discussing exploration of its deep water oil acreage with Petrobras, years after the Brazilian oil giant exited ...