petrobras

Latest news and articles about petrobras from NEX English

Petrobras Faces Profit Challenges Despite Rising Oil Prices

Brazil's state-owned Petrobras announced it could not meet profit expectations, maintaining local gasoline prices despite significant global price increases. This comes at a critical time for the Brazilian economy.

Petrobras Raises Gas Prices by 19% Amid Global Energy Shock

Petrobras, Brazil's state-owned oil company, has announced a 19.2% increase in natural gas prices, reflecting the ongoing rise in global energy costs. This adjustment comes in response to geopolitical tensions affecting energy markets.

Petrobras Takes Steps to Combat Energy Inflation in Brazil

Petrobras, the largest oil producer in Latin America, is striving to contain energy inflation caused by global military conflicts amid an election year. These measures coincide with government efforts but may lead to a diesel shortage in Brazil.