Advertisement from Petroleo Brasileiro SA- Petrobras ( (PBR) ) is now available.
Petrobras has announced the enactment of a new Brazilian law, Law 15.075/2024, which restructures the oil and gas sector by allowing the transfer of surplus domestic content between contracts and allowing the extension of production sharing agreements under favorable conditions for the Brazilian Federal Union. The legislation also includes measures to stimulate domestic investment through royalty reductions and accelerated depreciation of specific marine vessels. Petrobras views this legal development as a milestone, and expects that it will benefit the national industry and attract new investments.
More about Petroleo Brasileiro SA – Petrobras
Petrobras is a Brazilian multinational company operating in the oil and gas industry, focusing on the exploration, production, refining and transportation of petroleum and its derivatives. It plays an important role in Brazil’s energy sector and is a major player in global oil markets.
Price performance since the beginning of the year: -4.52%
Average trading volume: 14,744,343
Artistic Sentiment Consensus Rating: He sells
Current market value: $79.29B
For detailed information about PBR stock, go to TipRanks stock analysis page.
https://media.zenfs.com/en/tipranks_452/a6bcd6c4845745448b0030f373aefdaf
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