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The Latest Breaking News from Petrobras

Revealed: How the global oil industry is fueling Israel’s war on Gaza

Analysis shows how jets and tanks are being kept fueled despite interim ICJ ruling warning Israel to prevent genocidal acts

The Guardian - US

Top 10: F1 feeder series kings who were overlooked the following year

Theo Pourchaire has become the third driver in succession miss out on a graduation to Formula 1 in the year after winning the Formula 2 title. As with Oscar Piastri (2021) and Felipe Drugovich (2022) before him, the Sauber junior will watch from the sidelines this year, though he will…

Motorsport

Top 10: The F1 feeder series kings who were overlooked the following year

Autosport

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Magnificent 7 Oil & Gas Stocks to Buy

The burgeoning demand for oil and gas, coupled with supply shortages, is propelling its prices, which is serving as an enduring tailwind for the energy sector. As the energy industry’s prospects appear bright, let's look at the fundamentals of the magnificent energy stocks Petróleo Brasileiro S.A. - Petrobras (PBR), Eni…

StockNews.com

Brazil's Lula takes heat on oil plans at UN climate talks, a turnaround after hero status last year

At last year's climate talks, then Brazilian President-elect Inacio Lula da Silva was received as a hero with chants of “Lula

The Independent UK

Is Brazil's Biggest Oil Stock a Value Buy Right Now?

As Brazil becomes the latest member of the OPEC+ alliance, could the country's state-run energy giant Petrobras emerge as a top oil pick for 2024?

Barchart

COP28 Puts Spotlight On State Oil Giants

Western energy firms are the usual suspects when it comes to criticism about the sector's role in climate change, but a less visible lineup of powerful state companies dominates the industry.

International Business Times

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Oil companies attending climate talks have minimal green energy transition plans, AP analysis finds

Oil and gas companies have a large presence at international climate talks aimed at getting the world to sharply reduce emissions, which lead to climate change

The Independent UK

Authors join call for Baillie Gifford to divest from fossil fuel

More than 150 writers and industry professionals are asking the firm, which is a leading sponsor of UK literary festivals, to drop their investments

The Guardian - UK

Europe’s banks helped fossil fuel firms raise more than €1tn from global bond markets

Exclusive: Pan-European investigation looked at thousands of transactions since Paris climate agreement in 2016

The Guardian - UK

1 Standout Oil Stock to Buy as Crude Hits Another New 2023 High

Soaring oil prices are just one factor that make this outperforming energy stock a top choice for investors.

Barchart

Brazil's Lula unveils $200 billion infrastructure plan as skeptics caution about spending spree

Brazilian President Luiz Inácio Lula da Silva has unveiled a plan to spend 1 trillion reais (nearly $200 billion) on infrastructure, energy and transportation over the next four years in a bid to boost economic growth and employment in Latin America’s largest nation

The Independent UK

Of course Greta Thunberg is right to call out greenwashing, but the reality can be messy

Her withdrawal from the Edinburgh book festival raises questions about how best to demand change, says Guardian columnist Charlotte Higgins

The Guardian - UK

Which Energy Stock Should You Buy, Hold or Sell: Schlumberger (SLB) or Geospace Technologies (GEOS)

Strong energy demand as China’s economy is rebounding and people planning vacation travel during summers coupled with tight supplies could push energy prices higher this year, benefitting energy producers and businesses serving them. So, let’s determine if investors should buy, hold, or sell energy stocks Schlumberger (SLB) and Geospace Technologies…

StockNews.com

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The Independent UK

Brazilian petrochemical company settles with city where mining destroyed entire neighborhoods

Brazil’s petrochemical giant Braskem says it has reached a $356 million settlement with a coastal city where four decades of the company’s rock salt mining destroyed five urban neighborhoods and displaced tens of thousands of people

Zenger

Goldman Sachs Upgrades Petrobras To Buy As Risks Diminish

Despite a 50% gain, current valuation remains attractive; Petrobras' management mulls buybacks

Reuters

Brazil's Petrobras to appeal decision blocking drilling at Amazon mouth

Brazilian state-run oil company Petrobras said on Wednesday it will file this week an appeal against environmental agency Ibama's decision of blocking it from drilling a well at the mouth of the Amazon river.

Reuters

Lula's coalition roiled by decision to block Petrobras' Amazon project

A decision by Brazil's environmental regulator to block state-owned oil company Petrobras' Amazon oil project has exposed tensions in President Luiz Inacio Lula da Silva's coalition between green advocates and those prioritizing economic development.

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The Independent UK

Oil drilling project near mouth of Amazon River rejected by Brazil's environmental regulator

Brazil’s environmental regulator has refused to grant a license for a controversial offshore oil drilling project near the mouth of the Amazon River, prompting celebration from environmentalists who had warned of its potential impact

The Independent UK

Oil project near Amazon River mouth blocked by Brazil's environment agency

The Conversation

The end of offshore oil and gas exploration in NZ was hard won – but it remains politically fragile

Recent news that the New Zealand government has granted an offshore oil and gas exploration permit it had earlier declined demonstrates how fragile the current ban on such activity still is.

The Independent UK

Bolsonaro's legal woes deepen with undeclared diamond gifts

Undeclared diamond jewelry brought into Brazil from Saudi Arabia has deepened the legal jeopardy of former Brazilian President Jair Bolsonaro

Autosport

How to be an ace engineer: F2 and damper specialist Gavin Bickerton-Jones

Years of preparing his own karts and single-seater cars gave Gavin Bickerton-Jones plenty of the core skills needed to make a career from motorsport. But never one to rest on his laurels, Norfolk-based Bickerton-Jones developed a specialism in dampers that has made him one of the most in-demand engineers in…

Reuters

Debate grows among Lula's team over Brazil fuel tax policy

A debate has broken out among senior aides to Brazilian President Luiz Inacio Lula da Silva over fuel taxes, underlining the competing views within his circle over the future path of his nascent leftist administration.

StockNews.com

3 Top Stocks You Can Buy Now and Hold for a Lifetime

With the central bank’s progress in controlling inflation, recession risks have subsided. Amid early signs of resilience, the IMF recently upgraded the outlook for the U.S. economy in 2023. Given this backdrop, fundamentally strong stocks Halliburton (HAL), Cardinal Health (CAH), and Jabil (JBL) could be ideal buy-and-hold options for solid…

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