Petrobras Chairman Pietro Mendes is stepping down from the crude producer following his approval by the Brazilian Senate to become a director at Brazil’s oil and gas regulator, known as ANP.

Petrobras said Chairman Pietro Mendes has resigned from the position and from his seat on the state-run company's board.

SAO PAULO (Reuters) -Brazilian state-run oil firm Petrobras said on Wednesday that chairman Pietro Mendes has resigned from ...

Petrobras awarded contracts worth a combined ~1.8B reais ($328M) to cover well completion services at as many as 18 ...

PBR warns that Brazil's revised oil price benchmark may impact post-salt and onshore projects despite boosting government revenues.

Petrobras operates Buzios with an 88.99 percent stake. CNOOC Ltd. owns 7.34 percent through wholly-owned subsidiary CNOOC ...

Petrobras’ evolving ethanol strategy is a signal of transformation for Brazil’s biofuel industry. By shifting focus toward ...

Petrobras has awarded a pair of contracts to oilfield service heavyweights Halliburton and SLB for work offshore Brazil. The ...

Brazil's Transpetro, the logistics subsidiary of state-run oil firm Petrobras , is set to relaunch a tender for building ...

Brazil's Petrobras is leaning toward corn as the raw material for a renewed foray into ethanol, potentially sidelining ...

Petrobras (NYSE:PBR) is looking to increase production at three floating offshore production platforms it operates in the ...

Petrobras (NYSE:PBR) said late Monday it has no planned investments in ethanol production or distribution of the fuel with ...