BARRACUDA

Petrobras Settles U.S. Court Dispute with EIG for $283 Million

March 8, 2025March 8, 2025 - by Sofia Nawab - Leave a Comment

Petrobras has agreed to a $283 million settlement to resolve its U.S. court dispute with EIG Global Energy Partners. The board’s approval highlights the importance of addressing legal issues and …

Business / Technology

Petrobras Shares Decline Following Unexpected Capital Expenditure Increase

February 27, 2025February 27, 2025 - by Liam Nguyen - Leave a Comment

Petrobras shares have dipped due to an unexpected surge in capital spending and the cancellation of a crucial FPSO commissioning bid. Investors express concerns over financial management and regulatory challenges …