Stratos Wealth Partners LTD. acquired a new stake in shares of Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor ...

Brazilian state-run oil firm Petrobras has confirmed the presence of oil in a well at its offshore Buzios field, the firm ...

PBR is targeting oil assets, particularly in Angola, Namibia and South Africa, to boost its reserves. It aims to reach a production level of 2.8 million barrels per day (bpd) in 2025.