News
09 August 2024

Petrobras posts net loss, cuts CAPEX and approves dividends

In:
Oil & gas

Petrobras posted a net loss of BRL2.6 billion ($470 million) for the second quarter of 2024, the firm said as it announced lower-than-expected results and a reduction in investment estimates.Despite the results, the firm's board approved a BRL13.57 billion ($2.45 billion) payout to shareholders...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
10 October 2025

Green shoots for green hydrogen as EIFO backs UK production

The outlook for the green hydrogen market has been challenged in recent years despite positive rhetoric from industry stakeholders. A consistent financing pipeline is yet to...

Perspective
17 October 2025

TXF Asia: Top takeaways

The top takeaways from Exile Asia: Agency, Energy and Infrastructure at Singapore’s Marina Bay Sands Expo and Convention Centre have emerged. From increased ECA flexibility to...