PEMEX and Petrobras signed a strategic cooperation agreement to explore deepwater Jurassic reservoirs in the Gulf of Mexico. Leveraging Petrobras' salt-layer expertise, the project aims to mitigate ri
Petrobras and Pemex are partnering to explore ancient, deep-sea rock formations under the Gulf of Mexico for potential massive oil reserves. This high-risk project aims to revitalize Pemex and diversi
Petrobras and Pemex are collaborating to explore deep Jurassic rock formations off Mexico's coast for potential oil reserves. This high-risk venture aims to revitalize Pemex and could significantly im
Brazil's Petrobras and Mexico's Pemex signed an MOU for oil, petrochemical, and fertilizer collaboration, focusing on deepwater resources and low-carbon technologies in the Gulf of Mexico.
Brazilian and Mexican presidents signed an agreement between state oil giants Petrobras and Pemex to cooperate on energy, petrochemicals, and fertilizers. This partnership aims to boost production and
Pemex and Petrobras have signed a memorandum of understanding to collaborate on oil exploration, refining, and petrochemical projects across Latin America. The partnership aims to boost reserves and l
Brazil's Petrobras and Mexico's Pemex signed an MoU for cooperation in oil exploration, petrochemicals, and fertilizers, targeting Gulf pre-salt resources and refining capabilities without immediate b
Petrobras and Pemex are set to sign memorandums of understanding for technical and strategic oil and gas cooperation, with CEOs attending the event in Rio de Janeiro.
Petrobras produced and sold its first CORSIA-certified sustainable aviation fuel (SAF) batch made from soybean oil sourced from Bunge. The 3,800 cubic meter shipment was processed at the Duque de Caxi
Pemex CEO Juan Carlos Carpio is scheduled to visit Brazil to negotiate a joint oil exploration deal with Petrobras in the Gulf of Mexico. State-run firms intend to sign memorandums for offshore studie
Petrobras reduces domestic diesel prices by 9.6% to 3.30 reais per liter starting June 1, tied to a federal subsidy program offsetting fuel tax reinstatement amidst regional conflict concerns.
Petrobras will reduce diesel prices by 0.3515 reais per liter starting June 1, aligning with a new government cashback system. The move aims to neutralize tax impacts on consumers while the company ev
Brazil's state bank BNDES sold billions in shares of oil major Petrobras and power company Axia Energia this month, citing elevated stock levels. The move aligns with the bank's strategy to divest fro
Brazil's Petrobras plans to partner with Mexico's Pemex for oil exploration and refining to replenish reserves and ensure fuel self-sufficiency. CEO Magda Chambriard highlighted underdeveloped Gulf wa
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