Brazilian oil and gas company Petrobras is injecting $50 million Brazilian Real ($8.69 million) into a newly created environmental fund, the company said Thursday.

Bullish option flow detected in Petrobras (PBR) with 13,564 calls trading, 1.6x expected, and implied vol increasing over 8 points to 31.73%.

Discover the top 7 undervalued Oil, Gas & Consumable Fuels stocks for Thursday, February 06 based on AAII’s Stock Grades.

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China’s Achpower Offshore Engineering (Tianjin) and Dutch player OOS International presented the lowest bids in the competition and were expected to land one contract each.