BARRACUDA

Petrobras Settles Legal Dispute with EIG for $283 Million

March 8, 2025March 8, 2025 - by Liam O'Sullivan - Leave a Comment

Brazil’s Petrobras is set to pay $283 million to EIG Global Energy Partners to settle a U.S. court dispute. This agreement aims to resolve ongoing legal challenges as Petrobras focuses …

Business / Technology

Brazil’s Petrobras Shares Decline Following Capital Spending Surge

February 27, 2025February 27, 2025 - by Ravi Patel - Leave a Comment

Petrobras shares have fallen due to rising capital expenditures and canceled bids for FPSO units. Environmental recommendations against drilling in the Amazon and revised capex forecasts for 2025 also influence …