Petrobras has paid nearly R$ 500 billion in dividends to shareholders over the last six years
The amount has been questioned by sector experts, and one of President Lula's promises was to reduce the drain on resources
Petrobras shareholders approve payout of 50% of withheld dividends
Shareholders of Petrobras voted on Thursday for the Brazilian state-run oil firm to pay out 50% of the extraordinary dividends it withheld in March, easing investor concerns about the destination of those funds.
Petrobras Investors Come Out Ahead After Drama Over Dividends in Brazil
A seven-week tug of war over Petrobras’s dividends wound up with the company delivering a 22-billion-reais ($4.3 billion) payout to investors.
Petrobras Board Endorses 50% Dividend Payout, Ending Dispute
Petroleo Brasileiro SA’s board settled on a 50% payout of its potential extraordinary dividends from 2023, settling a dispute that rocked the Brazilian market over concerns that President Luiz Inacio Lula da Silva was exercising too much influence over the state-controlled oil producer.
Petrobras shareholders OK payout of 50% of withheld dividends
Investor concerns are eased as Petrobras shareholders vote to pay out 50% of withheld dividends, with the rest held for future disbursement.
Petrobras Shareholders Need to Embrace Brazil’s Reality
Politics is inherent to Petrobras and if investors aren’t ready to withstand that, they would be smart to find other stocks.
Brazil's Petrobras first quarter oil production rises by 4.4%
Brazilian state-run oil company Petrobras said on Monday that its crude oil production during the first quarter rose 4.4% ...
Petrobras Brasileiro Unusual Options Activity For April 29
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $15 ...
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Petrobras Signs Memo of Intent for Brazil Offshore Project
Petrobras and the Rio Grande do Norte government have signed an MOU on providing feasibility studies for a pilot offshore ...
Petrobras: Analysts celebrate extra dividend, already expecting the other half
After much noise and turbulence surrounding this issue, analysts and investors are celebrating Petrobras' announcement of ...
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Petrobras (NYSE:PBR) Settles Dividend Struggle, Shares Surge
It’s over. The seven-week battle over dividends at oil stock Petrobras (NYSE:PBR) has finally reached a conclusion. And ...
Petrobras: We Shouldn't Be Unnerved By The Overblown Dividend Crisis
Petrobras investors faced significant uncertainty over the extraordinary dividend payouts. Read why investors shouldn't be ...
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Petrobras in hunt for 10 more offshore support vessels
Brazilian oil giant Petrobras has launched new tenders to contract several types of offshore support vessels, as it continues ...
Oil3d
Petrobras approves installation of renewable energy plants at three refineries
Petrobras is moving forward with installation of solar photovoltaic plants at three of its Brazilian refineries as part of ...