Petrobras PBR, Brazil's state-run oil and gas company, reported a notable decrease in third-quarter 2024 oil production. This highlights the challenges faced by the company in maintaining its output levels....
SLBÂ SLB announced that its joint venture, OneSubsea, was awarded a prominent engineering contract by BP plc BP for the Kaskida project, a significant deepwater development in the Gulf of Mexico.The project...
Petrobras PBR has achieved remarkable milestones in the company’s refining operations, significantly improving the utilization of its refineries and reaching unprecedented production levels in the third...
Petrobras S.A. PBR, Brazil’s state-owned energy company, is planning to shift its focus to Africa via a new expansion strategy, where the company seeks to acquire shares of major oil players like Exxon...
SLB SLB is currently considered expensive on a relative basis, with the stock trading at an 8.26x trailing 12-month Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization (EV/EBITDA),...
Brazil's state-owned energy giant, Petrobras S.A. PBR has unveiled its new strategic plan that will mark a shift toward a greater emphasis on oil and gas exploration and production as the company seeks...
The demand for NVIDIA’s NVDA graphic processing units (GPUs) has surged significantly, positioning it as a leading player in the artificial intelligence (AI) revolution and one of the world's most valuable...
The head of Brazil’s Petrobras is stepping down after a fight over dividends, sending shares of the state-controlled oil and gas giant tumbling
Just because things are bad at Petrobras doesn't mean they can't get even worse.