Brazil’s Petrobras posts lower profits with oil output highlights offsetting price drops in gas and domestic fuel

Tuesday, 14 May 2024

Petróleo Brasileiro S.A., the Brazilian major known as Petrobras and the first national oil company to import LNG to chartered floating storage and regasification units (FSRUs) back in 2009 while never developing LNG production itself, posted an almost 35 percent drop in first-quarter profits as global energy prices eased.


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Last modified on Tuesday, 14 May 2024 04:31
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