After careful consideration, I decided to invest my "small change".

As I now only carry a card case in which I transport bills and cards, I have gotten into the habit of putting the change in my pocket and then putting it in a container at home. I have now taken this container to the bank, and since January 2024 I have collected a proud €1,663.00.

Now I would like to invest in a company that pays out dividends regularly so that I can reinvest these dividends on a regular basis and enjoy my "petty cash" even more. I was already invested in $PETR3 (+7.56%) and have now chosen this position again as a template for my current investment in $PETR4 (+8.06%) (purely for the dividend).

I have now accumulated 347 shares. I will gradually invest any further small change there. As I use the Prime Broker at SC, I will always buy in €250+ tranches 😉 Last purchase today 48 shares at €5.238 for a total of €251.42

Thanks go out to @SAUgut77 for the news about Petrobras. So I'm now part of the team 🤝

Sylvia Anjos, Chief Upstream Officer of Petrobras $PETR3 (+7.56%)
$PETR4 (+8.06%) explained that the company's oil and gas projects are designed to withstand price fluctuations, even in the face of the recent sharp drop in Brent crude oil. "Our projects are still stable even at a price of just 28 dollars a barrel," she said.

Speaking at a Getulio Vargas Foundation (FGV) event in Rio, Ms. Anjos stressed that price fluctuations in the oil market were commonplace and Petrobras had not been forced to revise its investment plans as a result. "Crises are not the exception - they are the rule. We only experience a few moments of calm between them," she said.

Regarding Petrobras' plans to explore offshore oil reserves in the Foz do Amazonas region, Ms. Anjos reiterated the company's willingness to work safely in the environmentally sensitive area. "We need to evaluate the potential of this region - we cannot withhold it from the country. We have the necessary infrastructure to carry out drilling," she said.

On Saturday, Petrobras announced the completion of a wildlife rehabilitation center in Oiapoque, Amapá, and received an operating license from the state's environmental authority. The company is still awaiting an inspection by the Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) before it can begin full operations.

The Brazilian oil company Petrobras $PETR3 (+7.56%)
$PETR4 (+8.06%) will hold a tender for a new production vessel for the Buzios field in the country's pre-salt region in the coming months, the state-owned company told Reuters on Tuesday.

Reuters had previously reported, citing sources familiar with the matter, that the tender would be published in 60 days.

The new vessel will have a production capacity of 180,000 barrels of oil per day and will be able to transport 5.5 million cubic meters of natural gas per day to shore, Petrobras said.

The vessel will receive, process and ship gas from another vessel, P-82, also working in the Buzios field, Petrobras said.

P-82, which currently injects all the gas it produces back into the reservoir, will be able to transport some of its production onshore, according to Petrobras.

The new vessel will also be able to take over some of the gas production from other vessels, Petrobras said.

The tender for the FPSO will follow the build-operate-transfer-commissioning model, sources told Reuters, in which the company building the vessel will operate it for a certain number of years and then transfer ownership to Petrobras.

Increasing gas production is a priority of Brazilian President Luiz Inacio Lula da Silva, who wants to lower prices to boost the industry.

According to studies, the ship could also process gas from fields other than Buzios in the future, a source said.

The Brazilian state oil company Petrobras $PETR3 (+7.56%)
$PETR4 (+8.06%) is unlikely to cut diesel prices as long as the economic scenario abroad remains uncertain, CEO Magda Chambriard told Reuters after a government request to do so was made public on Monday.

Petrobras will not transfer the unrest abroad to the Brazilian market, Chambriard said, following reports that Brazil's Minister of Mines and Energy, Alexandre Silveira, had asked it to consider lowering the average price of diesel sold to dealers in Brazil again.

"We shouldn't do anything now while the geopolitical scenario is so unsettled and turbulent," Chambriard told Reuters by phone.

In a conversation with Chambriard last week, Silveira cited the recent drop in oil prices and the stability of the dollar as conditions that would allow a price cut, a source told Reuters on Monday. CNN Brasil had reported on Silveira's request earlier in the day.

The voting shares of Petrobras $PETR3 (+7.56%) voting shares fell 5.6% in Sao Paulo on Monday, contributing to a drop of about 1.3% in Brazil's benchmark Bovespa stock index.

The move came as oil prices slid on US President Donald Trump's tariffs, which could push economies around the world into recession and reduce demand for energy.

Trump's announcement of global tariffs on April 2 came just a day after Petrobras cut the price of diesel at refineries by 4.6%, or 0.17 reais per liter, the first reduction for the fossil fuel since 2023.

The Brazilian energy giant Petrobras $PETR3 (+7.56%)
$PETR4 (+8.06%) has set a new milestone in the reinjection of carbon dioxide (CO2) into the pre-salt layer of the Santos Basin thanks to 22 floating production, storage and offloading (FPSO) vessels that capture and re-inject CO2 off the Brazilian coast. The company is pursuing the combination of carbon capture, utilization and storage (CCUS) with enhanced oil recovery (EOR) to bring low-carbon barrels to market.

According to the Brazilian giant, 14.2 million tons of CO2 were injected into the pre-salt reservoirs of the Santos Basin last year, exceeding the 13 million tons of CO2 in 2023. Petrobras is not only a pioneer in the field of ultra-deep waters, but also claims that its program is the largest in the world in terms of the amount of CO2 injected annually.

According to the latest report by the Global CCS Institute (GCCSI), the annual injection capacity of CCUS projects in operation worldwide will reach 51 million tons of CO2 in 2024. The results of injection into pre-salt reservoirs represent more than a quarter (28%) of the global capacity reported for 2024.

Petrobras $PETR3 (+7.56%)
$PETR4 (+8.06%) has announced a reduction in diesel prices of R$0.17 per liter. This measure corresponds to a price reduction of 4.6%, which comes into effect today, explained CEO Magda Chambriard on Monday (March 31) at an event at the Petrobras headquarters in downtown Rio de Janeiro.

"Our diesel price is nominally 20.9% lower than in December 2022," said the CEO.

Ms. Chambriard also mentioned that the price of aviation fuel is expected to drop from April 1. "We review the prices every 15 days and adjust them if necessary."

Petrobras last adjusted (increased) diesel prices by 6.28% or R$0.22 per liter in early February, after more than a year of no price changes.

In addition to the company's pricing, diesel also became more expensive due to the increase in the locally levied tax on the movement of goods and services (ICMS). Prior to the price increase in February, the state-owned company had last reduced the cost of diesel by 7.4% at the end of December 2023.

Petrobras $PETR3 (+7.56%)
$PETR4 (+8.06%) has completed modernization work on Train 1 of the Abreu e Lima refinery (RNEST) in the city of Ipojuca in the state of Pernambuco, Brazil.

Around R$ 93 million was invested in the renovation and expansion (revamp), which will increase the plant's processing capacity from 115,000 to 130,000 bpd.

This important milestone marks the completion of the production capacity expansions planned for the refinery train currently in operation, with the aim of improving the flow of light products and increasing the processing capacity for pre-salt oil.

Of all Brazilian refineries, RNEST has the highest conversion rate of crude oil to diesel (70%). Once the RNEST project (SNOX, Revamp Train 1 and Train 2) is completed, the refinery will have a processing capacity of 260,000 bpd, which would mean an increase in national production of S-10 diesel of around 13 million lpd.

In December 2024, RNEST commissioned the SNOX unit, the first of its kind in the Brazilian refinery, which is responsible for reducing sulfur oxide (SOx) and nitrogen oxide (NOx) emissions and produces sulfuric acid, a new product marketed by the refinery that contributes to environmental protection. Among other things, the acid produced is an important raw material for the treatment and production of drinking water.

The contract award process for the completion of Train 2, which will increase RNEST's capacity by 130,000 bpd, is underway.

The American oilfield services company NOV and the Brazilian state-owned energy company Petrobras $PETR3 (+7.56%)
$PETR4 (+8.06%) have signed a pre-commercial agreement to develop flexible pipes for deepwater applications with high CO2 content.

The collaboration, formalized with the signing of an agreement in February, focuses on the development of stainless steel armor to combat CO2-induced stress corrosion cracking (SCC), described as a persistent challenge in subsea oil and gas operations.

Under the terms of the agreement, Petrobras will invest in the development and qualification of this new technology and work closely with NOV to ensure the solution meets stringent industry standards.

The focus will be on the development of 6-inch and 8-inch production and gas injection risers and flowlines that can withstand high CO2 levels in deepwater applications.

According to NOV, the technology also aims to preserve the key characteristics of standard flexible pipes, such as ease of installation and compatibility with existing vessels and infrastructure, ensuring minimal disruption and cost-effective integration into Petrobras' field developments.

The Brazilian state-owned oil and gas company Petrobras $PETR3 (+7.56%)
$PETR4 (+8.06%) has detected hydrocarbons in the Campos pre-salt basin in an exploratory well in the Norte de Brava block.

The hydrocarbons were found in well 1-BRSA-1394-RJS, which is located 105 km from the state of Rio de Janeiro at a water depth of 575 meters.

The well has been completed and is currently undergoing a final wireline survey.

The hydrocarbon-bearing interval was discovered using electrical logs, gas measurements and fluid samples, which will later be characterized by laboratory analysis.

The consortium will continue work to complete the drilling project to the planned final depth and characterize the conditions of the deposits encountered.

Based on this data, it will be possible to evaluate the potential and guide the next exploration activities in the area.

The Norte de Brava block is an important asset for the exploration of pre-salt potential, particularly in the Campos Basin.

The block was acquired in December 2022 in the first cycle of open acreage under production sharing, a bidding round organized by the National Agency for Petroleum, Natural Gas and Biofuels (ANP) under the production sharing system with Pré-Sal Petróleo S.A. (PPSA) as manager.

Petrobras is the operator of the block and holds a 100% stake in the project.

Hello dear GQ community,

almost a month ago I already presented my portfolio and my investment case. (those interested can take another quick look at it)

I have now experienced the first correction of my investment career and can say that, yes, it hurts to look at the portfolio with all the red figures, but holding on to the fact that I am convinced of the companies in the long term has kept me strong up to this point. Only time will tell whether this correction was particularly strong or weak. True to the motto "red means supply", I have tried to use my uninvested budget for additional purchases and new positions.

I may have too many different positions for some people's taste and still have too large a stake in the US, tech and financial sectors. Overall, I am simply a fan of picking companies that fulfill three conditions:

- consistent dividend growth over the last 10 years

- long-term share price growth (depending on how long the company has been on the stock market, but if I don't have green figures over the maximum period, I leave you out)

- preferably a P/E ratio of less than 20 (with exceptions)

And generally in line with my case, a 3+% dividend.

In the unknown future, I will continue to hold my small positions of $PLTR (+19.19%) , $BLK (+9.46%) , $NVDA (+18.56%) and $TGT (+10.01%) (these were my first 4 purchases of 25€ each without any idea, Palantir compensates the losses of the other 3 quite nicely). From $AAPL (+14.14%) in the long term, but it does not yet play a major role in my immediate savings.

By the end of the year, I will be saving a further €750 a month via a savings plan, split evenly between $PETR3 (+7.56%) , $MUV2 (+6.69%) , $7203 (+7.36%) , $ENEL (+4.01%) , $HTGC (+8.07%) and $ALV (+5.84%). With the aim of balancing out the inequality somewhat.

In general, I am very happy to have discovered this platform, as I have gathered many useful tips and experiences, so thank you for that.

I am always grateful for your opinions, tips and suggestions. Thanks for reading.