PBR Dec 2024 5.000 call
| Previous Close | 10.11 |
| Open | 10.09 |
| Bid | 8.50 |
| Ask | 13.50 |
| Strike | 5.00 |
| Expire Date | 2024-12-20 |
| Day's Range | 10.09 - 10.11 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 20 |
ZacksPetrobras' (PBR) Buzios Field Achieves Production Milestone
Petrobras (PBR)-operated Buzios oil field has reportedly produced 1 billion barrels of oil by the end of March this year. With new production systems, PBR expects this figure to grow even further.
ReutersBrazil'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 and government agencies to its premier exploration project, which would open the most promising part of Brazil's northern coast to oil drilling. Environmental agency Ibama denied Petrobras a license for exploratory drilling offshore in the Foz do Amazonas area last year, citing possible impacts on Indigenous groups and the sensitive coastal biome.
- Reuters
UPDATE 1-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 to meet on Friday, but a much-awaited discussion on extra dividends will not be on the agenda, four sources familiar with the matter told Reuters. Market participants have been eagerly awaiting a decision on whether the oil giant will pay out the extraordinary dividends relative to its 2023 results or not, but the final word will likely come next week when shareholders gather for a general assembly, the sources said. Petrobras' board in March voted to set aside 43.9 billion reais ($8.39 billion) to pay out in extra dividends in the future, with Brazil's government - which controls the company and its board - hoping it would be able to reinvest that cash.
