Petrobras Clarifies News in Media About Dividends

(Petrobras, 12.Mar.2024) — Petrobras, regarding the article “Presentation to analysts in NY would have signaled payment of dividends by Petrobras”, published in Valor, clarifies that the company did not promise or signal any indication of extraordinary dividends at the event held with analysts and investors on 01/30/2024 and 01/31/2024. Petrobras […]

Petrobras Proved Reserves Reach 10.9 Billion Boe in 2023

(Petrobras, 26.Jan.2024) — Petrobras discloses its proved reserves of oil, condensate, and natural gas, according to SEC (US Securities and Exchange Commission) regulation, estimated at 10.9 billion barrels of oil equivalent (boe), as of 31 Dec. 2023. Oil and condensate, and natural gas correspond to 84% and 16% of this […]

Exxon Activists Banished Best with Vote, Not Court

(Reuters, 22.Jan.2024) — Exxon Mobil (XOM.N), opens new tab is trying to banish a climate activist proposal in a Texas court. The $385 billion oil giant would be better off leaving its own shareholders to do so. After all, similar measures have resoundingly failed before. Choosing to instead fight against a vote is […]