rpt-petrobras targets larger market share with new crude oil in Durban

Petrobras, responsible on its own or in joint ventures for nearly 90% of Brazil’s oil and gas output, is navigating volatile commodity prices

Petrobras plans to increase its oil production by 400,000 barrels per day over the next five years. The company targets emerging markets like China and India, both vital for its

The new supply could help lift Petrobras' crude oil exports,which dropped 53.8 percent in June from a year ago to 696,000barrels per day (2.86 million tonnes) as the company hiked

The Petrobras logo is seen in front of the company's

Petrobras increased its proven oil and gas reserves by 500 million barrels in 2025 and plans to invest $111 billion in exploration and production

Petrobras targets larger market share with new crude oil 7/31/2025 SINGAPORE/RIO DE JANEIRO, (Reuters) Brazil’s state-controlled energy company Petrobras plans to push more

Sales of oil products on the market rose by 3.2% in the quarter, with diesel and LPG sales standing out, reflecting more significant economic activity and lower

Rio de Janeiro — Brazilian state-led oil company Petrobras plans to spend $55 billion over the next five years to develop subsalt fields that will boost the company's crude oil

The government’s Proálcool program, launched in 1975, aimed to reduce reliance on imported oil by promoting the use of domestically produced

Understanding the Petrobras customer demographics and Petrobras target market is crucial for grasping the company's operational scope and strategic direction. Petrobras, a major player in the oil and gas industry, caters to a diverse range of customers through its Business-to-Consumer (B2C) and Business-to-Business (B2B) operations. Its customer base spans from

Saudi Arabia is ready to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output, in a sign that the kingdom is resigned to a period of lower oil prices

(Reuters) Petrobras aims to make Africa its main region of development outside Brazil, the state-run oil giant’s CEO told Reuters on Thursday during a wide-ranging interview about the company

The usage of these technologies to extract crude oil and its byproducts will create a revolution in the industry paving way to increased crude oil market share. Artificial intelligence or AI is being used to communicate and convey the tasks and procedures to be completed.

It covers the exploration, development, and production of crude oil, Natural Gas Liquids (“NGL”), and natural gas in Brazil and abroad, with the main purpose of serving the country's refineries. The E&P segment also operates with other

The global crude oil market covered are BP, Shell, Sinopec, Marathon Oil, Husky Energy, Suncor Energy, Saudi Aramco, and more.

In addition, the oil company also plans to build five more units beyond 2030, which will be installed in both the pre-salt and post-salt layers. The company’s plans also include six other projects under study, which reveals Petrobras’ central

Petrobras increased its proven oil and gas reserves by 500 million barrels in 2025 and plans to invest $111 billion in exploration and production over the next five years.

Financial Performance & Future Growth Strong Market Position & Expansion Plans Petrobras reported billions in annual revenue, driven by record oil production and exports. Expansion into Asian markets (China & India are major buyers of Brazilian crude oil). Investment in new refining projects to increase production efficiency.

Brazil’s national oil company Petrobras met its 2025 production targets, with total oil and gas output reaching 2.7mn barrels of oil equivalent per day,the company said. Commercial production...

"Petrobras seeks to expand its oil reserves by targeting assets in Africa." Nidhi Verma, Reuters NEW DELHI EnergiesNet 02 14 2025 Brazil's Petrobras (PETR4.SA) wants to buy stakes in African oil assets, mainly in