Petrobras stock (PBR) slips as oil falls; Tupi hits 1 million bpd, fertilizer restart in focus
Rio de Janeiro, Jan 15, 2026, 12:45 BRT — Regular session Petrobras’ shares listed in the U.S. slipped Thursday, despite the Brazilian oil giant highlighting new operational progress at its key offshore fields. Petróleo Brasileiro S.A. – Petrobras is heavily dependent on volume. Production from the pre-salt—deepwater reserves buried beneath a thick salt layer—has powered earnings and dividends lately, and traders react swiftly to any sign that this growth is slowing. Petrobras is also pressing forward with another venture: fertilizers. The timeline for reviving its urea and ammonia plants in Brazil’s northeast has turned into a subtle yet telling sign