Brazil's Petrobras leapfrogs oil majors in dividend payouts:
reuters.com/business/energy/petrobras-leapfrogs-oil-majors-dividend-payouts-by-more-than-50-2022-08-02/
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| Last Updated | Aug 03 22 |
| Total Articles | 2 |
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Petrobras shareholders approve payout of 50% of withheld dividends: Shareholders of Petrobras voted on Thursday for the Brazilian state-run oil firm to pay out ...
reuters.com/business/energy/petrobras-shareholders-approve-payout-50-withheld-dividends-2024-04-25/
Brazil's plans to drill for oil in the Amazon hit stiff Indigenous resistance: State-run energy firm Petrobras has hit growing resistance from Indigenous groups ...
reuters.com/world/americas/brazils-plans-drill-oil-amazon-hit-stiff-indigenous-resistance-2024-04-18/
Quick Glance: Brazil's Struggle Over Amazon Oil Drilling
- Petrobras faces resistance from Indigenous groups and government agencies in its key exploration project to open Brazil's northern coast to oil drilling.
- The denial of a drilling license in the Foz do Amazonas area due to potential impacts on Indigenous groups has led to organized opposition and a decision expected in 2024.
- The conflict highlights a rift in Lula's government, balancing Amazon protection with oil interests, and the potential for a significant oil discovery in Amapa state.
- Indigenous leaders demand consultation before drilling, amid concerns over environmental impact and the influx of migrant workers to Oiapoque.
Petróleo Brasileiro S.A. - Petrobras (PBR) Q4 2023 Earnings Call Transcript: Petróleo Brasileiro S.A. - Petrobras (NYSE:NYSE:PBR) Q4 2023 Earnings Conference ...
seekingalpha.com/article/4677127-petroleo-brasileiro-s-petrobras-pbr-q4-2023-earnings-call-transcript
Rivalries in Lula’s Cabinet Roil Petrobras and Brazilian Markets: A spiraling dispute over the leadership of Petroleo Brasileiro SA is exposing fault lines in ...
bloomberg.com/news/articles/2024-04-08/rivalries-in-lula-s-cabinet-roil-petrobras-and-brazilian-markets
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Quick Glance: Brazil's Lula Convenes Meeting on Petrobras CEO's Future
- President Luiz Inacio Lula da Silva convened a meeting with three ministers to decide on a potential replacement for Petrobras' CEO.
- Ministers of Finance, Mines and Energy, and the President's chief of staff were summoned to the meeting.
- Speculations surrounding the current CEO's replacement have caused uncertainty and share price volatility at Petrobras.
- The president of Brazil's National Development Bank was mentioned as a possible successor to the current CEO.
Petrobras’ Prates Aligns Himself With Lula to Boost Shipbuilding: Brazil’s state-controlled oil producer Petrobras is getting behind President Luiz Inacio Lula ...
bloomberg.com/news/articles/2024-04-18/petrobras-prates-aligns-himself-with-lula-to-boost-shipbuilding
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Petrobras CEO Emerges After Speculation of Replacement at Brazil State Oil Firm: Petrobras Chief Executive Officer Jean Paul Prates highlighted exploration ...
bloomberg.com/news/articles/2024-04-12/-crisis-what-crisis-petrobras-chief-points-to-future
Paid articlePaidQuick Glance: Decision on Petrobras CEO role rests with Brazil's president, as stated by energy minister
- Brazil's energy minister Alexandre Silveira emphasized that the decision regarding Petrobras' CEO, Jean Paul Prates, is solely in the hands of Brazil's President Luiz Inacio Lula da Silva.
- Following days of speculation about Prates' future, Silveira made it clear that he respects the controversial CEO and no changes will be made without the president's approval.
- Discussions about the future direction of Petrobras led to fluctuations in the company's stock price in recent sessions.
- Additionally, the minister announced that the additional dividends withheld from Petrobras shareholders in March will be distributed once the board of the state-run oil company gives the green light.
Brazil's Petrobras could decide dividend payout at shareholders meeting April 25: Brazil's state-run oil firm Petrobras said that a proposal to disburse up to ...
reuters.com/business/energy/brazils-petrobras-could-decide-dividend-payout-shareholders-meeting-april-25-2024-04-20/
Petrobras unit to launch by May process to contract four vessels: Brazilian logistics firm Transpetro plans to launch by May a process to contract four ...
reuters.com/business/energy/petrobras-unit-launch-by-may-process-contract-four-vessels-2024-04-18/
Brazil's Petrobras discovers oil deposits in ultra-deep waters of Potiguar basin: Brazil's state-run oil company Petrobras said on Tuesday it has discovered oil ...
reuters.com/markets/commodities/brazils-petrobras-discovers-oil-deposits-ultra-deep-waters-potiguar-basin-2024-04-09/
Quick Glance: Petrobras Discovers Oil Reserves in Ultra-Deep Waters of Potiguar Basin
- Petrobras has uncovered oil reserves in the ultra-deep waters of the Potiguar basin.
- This marks the second discovery of hydrocarbons in Potiguar, pending further investigations.
- The find was situated close to the border of the northeastern states of Ceara and Rio Grande do Norte.
- Petrobras intends to conduct drilling operations for 16 wells in the Equatorial Margin over the next five years, although strikes are causing delays in permit issuance by the Brazilian environmental regulator Ibama.
Ecopetrol and Petrobras should collaborate on green hydrogen, Colombian president says
reuters.com/sustainability/climate-energy/ecopetrol-petrobras-should-collaborate-green-hydrogen-colombian-president-says-2024-04-17/
Petrobras board not to discuss extra dividends at Friday meeting, sources say: The board of directors of Brazilian state-run oil company Petrobras is scheduled ...
reuters.com/business/energy/petrobras-board-not-discuss-extra-dividends-friday-meeting-sources-say-2024-04-17/
Petrobras Investors Need to Get Used to Lower Dividends as Lula Has His Way: Shareholders will need to get used to lower dividends from the Brazilian oil major.
bloomberg.com/news/newsletters/2024-03-13/petrobras-investors-need-to-get-used-to-lower-dividends-as-lula-has-his-way
Petrobras: The Sell-Off Provides Opportunity: Petrobras' dividend policy, even without the special dividend, looks very generous compared to most Western peers ...
seekingalpha.com/article/4681669-petrobras-stock-the-sell-off-provides-opportunity
Paid articlePaidQuick Glance: Petrobras: Opportunity for Purchase
- The volatile trading history of Petrobras stock has led to a downturn that now presents a buying opportunity.
- Analysts reacted negatively to news of possible dividend cuts, resulting in a decline in the stock price.
- Despite risks, Petrobras remains financially strong and offers a good buying opportunity with growth potential.
- Petrobras' valuations indicate significant upside potential, making it an attractive O&G bet.
Petrobras Team Goes to Venezuela Despite Oil Sanctions Threat: Brazilian state-controlled oil giant Petrobras sent a team of production specialists to Venezuela ...
bloomberg.com/news/articles/2024-03-09/petrobras-team-goes-to-venezuela-despite-oil-sanctions-threat
Paid articlePaid Petrobras exec says offshore Colombia project could find enough gas for exports: A promising area off Colombia's coast where Brazil state-run Petrobras is ...
reuters.com/business/energy/ceraweek-petrobras-exec-says-offshore-colombia-project-could-find-enough-gas-2024-03-20/
Quick Glance: Petrobras Exec Foresees Abundant Gas in Offshore Colombia for Exports
- Petrobras aims to extract sufficient gas for exports in a promising area off Colombia's coast.
- Brazil's Petrobras is expanding into new regions like Colombia as oil production in the country's presalt region is expected to stabilize.
- The gas discovery in Colombia's Tayrona block could yield more gas than the country requires, creating export opportunities.
- Petrobras plans to determine the project's scale and gas commercialization after evaluating the wells, potentially including LNG facilities.
In Petrobras dividend spat, CEO navigates Lula's divided cabinet: The fallout from a missing Petrobras dividend may have shifted the balance in a tug-of-war ...
reuters.com/business/energy/petrobras-dividend-spat-ceo-navigates-lulas-divided-cabinet-2024-03-13/
Quick Glance: CEO Navigates Petrobras Dividend Dispute in Lula's Divided Cabinet
- Petrobras CEO's proposal for an extraordinary dividend was blocked by government officials, leading to a significant stock drop.
- The Energy Minister convinced President Lula to hold onto cash for investments, despite CEO warnings of disastrous consequences.
- Finance Minister Haddad aims to counterbalance pressure from other ministers and ensure shareholder dividend payments.
- Haddad plans to appoint a new Petrobras board member to reduce the energy minister's influence and shape future discussions within the company.
Petrobras (PETR4 BZ) Boosts LNG Imports With Rota 1 Gas Pipeline Off Line: Brazilian state-controlled oil company Petrobras is turning to liquefied natural gas ...
bloomberg.com/news/articles/2024-03-20/petrobras-lifts-lng-imports-to-offset-major-pipeline-maintenance
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Brazil budget not affected by Petrobras extraordinary dividends, says Haddad: Brazilian Finance Minister Fernando Haddad said on Monday that the government ...
reuters.com/business/energy/brazil-budget-not-affected-by-petrobras-extraordinary-dividends-says-haddad-2024-03-11/
Petrobras and the Dividend Dilemma: Leadership in Limbo?: President Luiz Inácio Lula da Silva's administration is reportedly on the verge of making a ...
riotimesonline.com/petrobras-and-the-dividend-dilemma-leadership-in-limbo/
Los objetivos contradictorios de Brasil: ser potencia ecológica y petrolera: La empresa estatal Petrobras pronto podría convertirse en la tercera mayor ...
nytimes.com/es/2024/03/15/espanol/brasil-petrobras-medio-ambiente.html
Shareholder payouts hit a record $1.7 trillion last year as bank profits surged: Banks delivered record payouts as high interest rates boosted margins ...
cnbc.com/2024/03/12/shareholder-payouts-hit-a-record-1point7-trillion-last-year-as-bank-profits-surged.html
Gusher Of Demand, Visions Of 340% Growth Fuel This Potential Breakout: Fueled by new contracts with BP, Shell and Petrobras, as well as explosive growth ...
investors.com/research/breakout-stocks-technical-analysis/technipfmc-primes-buy-point-on-gusher-of-demand/
Petrobras (PBR) CEO Prates in Hot Seat as Lula Pushes Growth Over Payouts: Brazilian President Luiz Inacio Lula da Silva’s return to power in 2023 sparked ...
bloomberg.com/news/articles/2024-03-12/petrobras-pbr-ceo-prates-in-hot-seat-as-lula-pushes-growth-over-payouts
Paid articlePaid Brazil’s Major Federal Enterprises Not in Top Form under Lula: In 2023, Brazil's major federal companies, including Petrobras, Banco do Brasil, BNDES, Caixa ...
riotimesonline.com/brazils-major-federal-enterprises-not-in-top-form-under-lula/
Brazil’s Clashing Goals: Protect the Amazon and Pump Lots More Oil: State-owned Petrobras could soon be the world’s third-biggest oil producer ...
nytimes.com/2024/03/13/climate/brazil-oil-production.html
Petrobras' lower dividend payout triggers market slump in Brazil : Brazil's financial markets are the worst performing in the world ...
wionews.com/videos/petrobras-lower-dividend-payout-triggers-market-slump-in-brazil-698872
Today’s Morning Call: Navigating Past Influences and Upcoming Data: This week opens with the stock market poised for future developments and reflecting on ...
riotimesonline.com/todays-morning-call-navigating-past-influences-and-upcoming-data/
Ibovespa Climbs, Led by Vale and Petrobras; Casas Bahia Faces Sharp Decline: Global market optimism propelled Ibovespa, with Vale and Petrobras driving ...
riotimesonline.com/ibovespa-climbs-led-by-vale-and-petrobras-casas-bahia-faces-sharp-decline/
Can Petrobras (PETR4 BZ) Investors Expect Big Dividends? CEO Suggests Caution: Latin America’s biggest oil company will be more cautious about issuing ...
bloomberg.com/news/articles/2024-02-28/can-petrobras-investors-expect-blockbuster-dividends-ceo-suggests-caution
Public squabbling over policies hits investor confidence : In Brazil, a spiralling dispute over the leadership of state-owned energy giant Petrobras is exposing ...
wionews.com/videos/public-squabbling-over-policies-hits-investor-confidence-709665
Brazil oil firm Petrobras posts 6% decrease in Q4 net recurring profit: Brazilian state-controlled oil firm Petrobras posted on Thursday a 6 ...
reuters.com/business/energy/brazil-oil-firm-petrobras-posts-6-decrease-q4-net-recurring-profit-2024-03-08/
Petrobras Delivers Record Dividends in 2023: Today, Petrobras announced a groundbreaking total shareholder payout doe 2023 of R$ 94.35 billion ($18.32 billion).
riotimesonline.com/petrobras-delivers-record-dividends-in-2023/
Ibovespa Climbs Amid Global Earnings Season: Following recent fluctuations, the Ibovespa found its footing, ending the day up by 0.36% at 125,574 points
riotimesonline.com/ibovespa-climbs-amid-global-earnings-season/
Petrobras: We Shouldn't Be Unnerved By The Overblown Dividend Crisis: Petrobras investors faced significant uncertainty over the extraordinary dividend payouts ...
seekingalpha.com/article/4685005-petrobras-stock-should-not-unnerved-overblown-dividend-crisis
Paid articlePaid Petrobras Asks Investors to Approve 50% Payout of Extra Dividends: Petroleo Brasileiro SA’s board settled on a 50% payout of its potential extraordinary ...
bloomberg.com/news/articles/2024-04-20/petrobras-asks-investors-to-approve-50-payout-of-extra-dividends
Paid articlePaid Petrobras Announces $73 Billion Boost for Oil Exploration and Naval Revival: Brazil's state-controlled company, Petrobras, the largest enterprise in the ...
riotimesonline.com/petrobras-announces-73-billion-boost-for-oil-exploration-and-naval-revival/
Petrobras Chairman Pietro Adamo Mendes Returns to Board in Political Showdown: A Brazilian judge has reinstated Petroleo Brasileiro SA’s chairman as acrimony ...
bloomberg.com/news/articles/2024-04-17/petrobras-chair-returns-to-divided-board-of-oil-producer-in-political-showdown
Paid articlePaid Petrobras (PETR4 BZ) Swings on Reports That CEO Departure Is Imminent: Petroleo Brasileiro’s shares swung wildly on Thursday as traders digested local media ...
bloomberg.com/news/articles/2024-04-04/petrobras-swings-on-reports-that-ceo-departure-is-imminent
Paid articlePaid
Trafigura bribery details laid out in $127mn guilty plea agreement: US prosecutors say trading house paid Brazilian officials to keep its business with state oil ...
ft.com/content/a7b7fabc-b14b-4506-a400-8eef8eccc0c2
Paid articlePaid Monday’s Morning Call: A Quiet Start to the Week Puts Focus Back on Petrobras: The week kicks off with a muted morning call, highlighting an absence of ...
riotimesonline.com/mondays-morning-call-a-quiet-start-to-the-week-puts-focus-back-on-petrobras/
Friday’s Morning Call: Focus on U.S. Job Data and Petrobras Outlook: Financial Markets are keenly awaiting this Friday's U.S. job report for March ...
riotimesonline.com/fridays-morning-call-focus-on-u-s-job-data-and-petrobras-outlook/
Ibovespa’s Subtle Gains Amid Petrobras Uncertainty: Brazil's Ibovespa index witnessed slight gains, closing up only 0.09% at 127,427 points ...
riotimesonline.com/ibovespas-subtle-gains-amid-petrobras-uncertainty/
Petrobras’ Future Dividends Tied to Investment Strategy: On April 3, Finance Minister Fernando Haddad emphasized the significant influence of Petrobras' ...
riotimesonline.com/petrobras-future-dividends-tied-to-investment-strategy/
Wednesday’s Morning Call: Spotlight on Key Economic Agenda: Wednesday's morning call casts a light on pivotal economic data set to impact stock market ...
riotimesonline.com/wednesdays-morning-call-spotlight-on-key-economic-agenda/
Lula Criticizes Central Bank Chief Campos Neto, Petrobras Dividend: Brazil President Luiz Inacio Lula da Silva once again criticized central bank head Roberto ...
bloomberg.com/news/articles/2024-03-12/brazil-politics-lula-criticizes-campos-neto-petrobras-dividend
Paid articlePaid
Headwinds for BP and Petrobras: Selling pressure for BP and Petrobras. Because oil prices are correcting. Dollar strength and US inventory data remain in focus.
deraktionaer.de/artikel/aktien/gegenwind-fuer-bp-und-petrobras-20353415.html
Petrobras Bondholders Left Unscathed After Stock Rout: Petroleo Brasileiro SA’s decision to skip a special dividend amid political pressure from President Luiz ...
bloomberg.com/news/articles/2024-03-20/petrobras-bondholders-left-unscathed-after-12-billion-equity-rout
Paid articlePaid Brazil Markets Are World’s Worst as Petrobras Dividend Sends Shockwaves: Brazilian markets are slumping after a smaller-than-expected dividend payout from state ...
bloomberg.com/news/articles/2024-03-08/brazil-markets-are-world-s-worst-as-petrobras-dividend-sends-shockwaves
Ibovespa Rises with Petrobras Recovery: The Ibovespa, Brazil's leading stock index, finished the day higher on Tuesday, bolstered by a recovery in Petrobras ...
riotimesonline.com/ibovespa-rises-with-petrobras-recovery/
Petrobras' Dividend Crisis Is Overblown: Petrobras has declined 20% in the past month due to concerns about record-breaking dividends ...
seekingalpha.com/article/4678751-petrobras-dividend-crisis-is-overblown
Paid articlePaid Friday’s Morning Call: Calm End to the Week with Minimal News: This Friday's morning call draws attention to a subdued end to the week ...
riotimesonline.com/fridays-morning-call-calm-end-to-the-week-with-minimal-news/
Today’s Morning Call: Petrobras Results and U.S. Job Data in Focus: Today's financial update shines a light on the stock market's response to ...
riotimesonline.com/todays-morning-call-petrobras-results-and-u-s-job-data-in-focus/
Petrobras Secures Top Four Spot in Global Oil Profits for 2023: In 2023, Petrobras marked itself as the world’s fourth-highest-earning oil company ...
riotimesonline.com/petrobras-secures-top-four-spot-in-global-oil-profits-for-2023/
Thursday’s Morning Call: Retail Data Influences Brazil and U.S. Markets: This Thursday, the stock exchanges will closely examine January's retail data from ...
riotimesonline.com/thursdays-morning-call-retail-data-influences-brazil-and-u-s-markets/
Ibovespa Rises, Defying Petrobras Downturn: Ibovespa stock index rose Wednesday due to dollar decline and absence of major announcements, closing at 128,006 ...
riotimesonline.com/ibovespa-rises-defying-petrobras-downturn/
Hedge Fund That Shorted Petrobras Scores Win on Friday’s Tumble: The plunge in shares of Brazilian state-owned oil company Petroleo Brasileiro SA that erased ...
bloomberg.com/news/articles/2024-03-13/hedge-fund-that-shorted-petrobras-scores-win-on-friday-s-tumble
Paid articlePaid Dollar Stabilizes as US Inflation Data Looms and Petrobras Dividends Stir Market: On Monday, the dollar held steady against the Brazilian real as investors ...
riotimesonline.com/dollar-stabilizes-as-us-inflation-data-looms-and-petrobras-dividends-stir-market/
Petrobras Weathers Dividend Cut and Market Value Drop: On March 8, 2024, Petrobras experienced a significant loss in market value, dropping R$55 ...
riotimesonline.com/petrobras-weathers-dividend-cut-and-market-value-drop/
Ibovespa Falls 1% as Petrobras and Banco do Brasil Stocks Dip: The Brazilian stock market saw a decrease on Friday, with the Ibovespa index dropping by 0 ...
riotimesonline.com/ibovespa-falls-1-as-petrobras-and-banco-do-brasil-stocks-dip/
Lula’s Petrobras (PETR4 BZ) Directors Shot Down Special Dividend Proposal: Petroleo Brasileiro SA board members aligned with the government of Luiz Inacio Lula ...
bloomberg.com/news/articles/2024-03-08/lula-s-petrobras-directors-shot-down-special-dividend-proposal
Petrobras Proposes Regular and Extraordinary Dividends for Q4 2023: Petrobras (PETR4) on Thursday outlined plans to issue regular and extraordinary dividends for ...
riotimesonline.com/petrobras-proposes-regular-and-extraordinary-dividends-for-q4-2023/
Ibovespa Declines Amid Anticipation of Petrobras Financials: On Thursday, the Ibovespa, Brazil's benchmark stock index, dropped by 0.43%, closing at 129 ...
riotimesonline.com/ibovespa-declines-amid-anticipation-of-petrobras-financials/
Today’s Morning Call: Quiet Market Eyes Petrobras Results: Tuesday's market is calm with no major Brazil news but awaits key data: February's S&P ...
riotimesonline.com/todays-morning-call-quiet-market-eyes-petrobras-results/
Ibovespa Starts Week Lower, Blue Chips Weigh Down: The Ibovespa (IBOV) experienced a downturn at the start of the week, declining by 0.65% to 128,340.54 points ...
riotimesonline.com/ibovespa-starts-week-lower-blue-chips-weigh-down/
Week’s Highlights: Petrobras Earnings & U.S. Payroll: From March 4th to 8th, the economic scene spans Brazil and the U.S. In Brazil, the focus is on ...
riotimesonline.com/weeks-highlights-petrobras-earnings-u-s-payroll/
Market Reacts to Petrobras’s Dividend Caution: Petrobras's shares fell sharply on Wednesday, with a 3.8% dip in preferred shares.CEO Jean Paul Prates ...
riotimesonline.com/market-reacts-to-petrobrass-dividend-caution/
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