Petrobras Seeks to Increase Energy Imports From Argentina
PBRPetrobras(PBR) ZACKS·2024-08-27 21:55

Petrobras (PBR) , a Brazilian integrated oil and gas company, is actively searching for shale gas deals in Argentina, specifically in the prolific Vaca Muerta region, according to Bloomberg. This move aligns with PBR’s goal to diversify and enhance its natural gas supplies, which is a key factor in driving Brazil’s industrial growth. As part of a larger international expansion plan, this strategy underlines PBR’s ambition to restore its oil and gas reserves domestically and abroad while catering to rising e ...