Petrobras on Petrobras Day
(Petrobras, 30.Nov.2022) — Petrobras will hold Petrobras Day on 1 December 2022. There will be two webcasts, the first in Portuguese and the second in English, with presentations about our...
Petrobras Concludes REMAN Divestment
(Petrobras, 30.Nov.2022) — Petrobras, following up on the release disclosed on 25 Aug. 2021, 10 Mar. 2022, 13 May 2022 and 30 Aug. 2022, informs that it has today finalized...
Petrobras Concludes Transfer of Interest in Búzios
(Petrobras, 30.Nov.2022) — Petrobras, following up on the releases disclosed on 29 Sep. 2021, 4 Oct. 2021, 4 Mar. 2022 and 24 Nov. 2022 informs that it concluded today the...
Petrobras on Petros Plan
(Petrobras, 30.Nov.2022) — Petrobras informs that it was disclosed by the Fundação Petrobras de Seguridade Social (Petros) that its Deliberative Council approved the Deficit Equalization Plan (PED) for the year...
Petrobras on Sale of Thermal Power Plant
(Petrobras, 30.Nov.2022) — Petrobras, following up on the releases disclosed on 14 Aug. 2020 and 15 Jun. 2020, informs that its Executive Board has approved the termination of the competitive...
Petrobras Approves Strategic Plan 2023-27
(Petrobras, 30.Nov.2022) — Petrobras informs that its Board of Directors approved, in a meeting held today, the Strategic Plan for the five-year period 2023-2027 (SP 2023-27). Throughout 2022, Petrobras delivered...
Petrobras on Shareholder Remuneration Policy, Gross Debt
(Petrobras, 27.Nov.2022) — Petrobras, regarding the news in the media about the Shareholder Remuneration Policy, approved by the Board of Directors in 2019 and improved in 2020 and 2021, clarifies...
Petrobras on $1.9bn Payment by CNOOC for Búzios Field Participation
(Petrobras, 24.Nov.2022) — Petrobras, following up on the releases of 29 Sep. 2021, 4 Oct. 2021 and 04 Mar. 2022, informs that it has received today the amount of R$...
Lula to Start Job Interviews for Petrobras Overhaul, Sources Say
(Reuters, 21.Nov.2022) — Brazilian President-elect Luiz Inacio Lula da Silva begins interviews this week with candidates to run oil firm Petrobras, people familiar with the talks said, kicking off what...
Petrobras on Shareholder Remuneration Distribution Method
(Petrobras, 18.Nov.2022) — Petrobras, following up on the releases disclosed on 3 November 2022, informs that the distribution of the second installment of the remuneration to shareholders, approved by the...
![Petrobras Financial Performance in 3Q22 [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2022/08/petrobras2-768x459.jpg)
Petrobras Financial Performance in 3Q22 [PDF Downloads]
(Petrobras, 3.Nov.2022) — The message from Petrobras CFO Rodrigo Araujo Alves about the company’s third quarter of 2022 results. Dear shareholders and investors, Once again, I am pleased to share...
Petrobras on Leniency Agreements
(Petrobras, 1.Nov.2022) — Petrobras informs that it received, over the last quarter, the devolution of about R$439mn, recovered through leniency agreements with Camargo Corrêa, Novonor S.A. (formerly known as Odebrecht...
Petrobras on Coparticipated Area of Sépia
(Petrobras, 31.Oct.2022) — Petrobras confirms a discovery of oil in the Coparticipated Area of Sépia with the drilling of well 4-BRSA-1386D-RJS, in the northwestern part of the field. The well...
Energy Analytics Institute’s NRGBriefs: October 2022
(Energy Analytics Institute, 31.Oct.2022) — Energy briefs as well as others related to finance and politics during October 2022 including US President Joe Biden congratulating Luiz Inácio Lula da Silva...
![Petrobras Highlights 3Q:22 Production and Sales [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2022/10/brazil-3q22-rpt-source-petrobras-768x773.png)
Petrobras Highlights 3Q:22 Production and Sales [PDF Download]
(Petrobras, 24.Oct.2022) — In 3Q22, Petrobras said it kept a solid operating performance, with average production of oil, NGL and natural gas reaching 2.64 MMboed, virtually in line with 2Q22....
Petrobras on Divestment of Onshore Fiber Optic Network
(Petrobras, 21.Oct.2022) — Petrobras, following up on the release disclosed on 30 September 2022, informs the beginning of the non-binding phase regarding the sale of its onshore fiber optic network....
Petrobras to Host 3Q:22 Webcasts
(Petrobras, 14.Oct.2022) — On 4 November 2022, two webcasts will be held, the first in Portuguese and the second in English, to present Petrobras' results for the third quarter of...
Petrobras on Divestment of Petrobras Operaciones S.A.
(Petrobras, 14.Oct.2022) — Petrobras has started the opportunity disclosure stage (teaser), regarding the sale of 100% of its stake in Petrobras Operaciones S.A. (POSA), Petrobras' wholly owned subsidiary in Argentina,...
Equinor Says Peregrino Phase 2 On Stream
(Equinor, 13.Oct.2022) — On 10 October at 20:00 local time, the new platform in Brazil, Peregrino C, produced its very first oil. Peregrino phase 2 will extend the Peregrino field...
Petrobras on NTS Contracts
(Petrobras, 3.Oct.2022) — Petrobras, following up on the release disclosed on 22 December 2021, informs that, as part of the actions taken to open the Brazilian natural gas market, signed,...
Petrobras on Divestment of Potassium Mining Rights
(Petrobras, 30.Sep.2022) — Petrobras, following up on the release disclosed on 08/11/2022, informs the beginning of the binding phase concerning the sale of its mining rights for research and mining...
Petrobras Inks Deal with Keppel Related to P-83 Construction
(Petrobras, 28.Sep.2022) — Petrobras signed a contract with Keppel Shipyard Limited for the construction of the P-83 platform, as a result of the advancement of the Búzios field development project,...
Petrobras Starts Bidding Phase for Stake in Potiguar Basin
(Petrobras, 20.Sep.2022) — Petrobras, following up on the releases disclosed on 16 August 2022 and 8 September 2022, informs the beginning of the binding phase regarding the sale of 40%...
Petrobras Closes Offering of Commercial Notes
(Petrobras, 16.Sep.2022) — Petrobras, continuing the notices released on 19 August 2022 and 9 September 2022, hereby informs that the public offering of public distribution, with restricted distribution efforts, of...
TechnipFMC Inks Subsea Deal for Lapa North East Development
(Energy Analytics Institute, 14.Sep.2022) — TechnipFMC (NYSE: FTI) was awarded a significant engineering, procurement, construction and installation (EPCI) contract valued between $75mn-$250mn by TotalEnergies for the French company's Lapa North...
Petrobras Downplays UFN-III Sale
(Energy Analytics Institute, 9.Sep.2022 — Brazil’s state owned Petrobras said rumors that it’s about to close the divestment process related to Nitrogen Fertilizer Unit III (UFN-III) with Yara Fertilizers were...
Petrobras on Commercial Notes Bookbuilding
(Petrobras, 9.Sep.2022) — Petrobras, in continuation of the notice released on 19 August 2022, hereby informs that it was concluded, on this date, the bookbuilding procedure of the 1st issuance...
Petrobras to Maintain Albacora Concession
(Petrobras, 8.Sep.2022) — Petrobras, following up on the release disclosed on 5 November 2021, informs that its Executive Board approved today the end of the competitive process for the sale...
Petrobras on Divestment of Potiguar Basin Exploration Assets
(Petrobras, 8.Sep.2022) — Petrobras, following up on its release from 16 August 2022, informs the extension of the deadlines, contained in items AA and AC of the teaser, for the...
Petrobras on Chief Digital Transformation, Innovation Officer
(Petrobras, 5.Sep.2022) — Petrobras announced its CEO Caio Mário Paes de Andrade has appointed Paulo Palaia for the position of Chief Digital Transformation and Innovation Officer, replacing Juliano Dantas. The...
Energy Analytics Institute’s NRGBriefs: August 2022
(Energy Analytics Institute, 31.Aug.2022) — Energy briefs as well as others related to finance and politics during August 2022 including Petrobras announcing firm well commitments to drill exploratory wells in...
FPSO Brazil Congress 2022 returns in November!
(FPSO Network c/o Energy Analytics Institute, 31.Aug.2022) — Energy Analytics Institute (EAI) is proud to be a supporting partner for the upcoming FPSO Brazil Congress 2022. This event will be happening...
Petrobras: Binding Phase Underway for UFN-III Divestment
(Petrobras, 29.Aug.2022) — Petrobras, following up on the release disclosed on 31 May 2022, informs that the binding phase concerning the full sale of the Nitrogen Fertilizer Unit III (UFN-III)...
Petrobras Comments on Braskem Divestment Process
(Petrobras, 28.Aug.2022) — Petrobras, regarding the news published in the media concerning the Braskem divestment process, reaffirms that its stake in Braskem is part of the portfolio of assets for...
Bolsonaro says Petrobras Privatization Possible Next Year
(Reuters, 26.Aug.2022) — President Jair Bolsonaro said on Friday he has authorized Minister of Mines and Energy Adolfo Sachsida to consider the privatization of oil company Petrobras next year, if...
Lula’s Plan to Keep Petrobras State-Controlled Is a Mistake, Minister Says
(Bloomberg, 26.Aug.2022) — Luiz Inacio Lula da Silva’s plan to keep Brazil oil giant Petroleo Brasileiro SA as a state-controlled company if elected again is a mistake, according to Energy...
Moody’s Changes Ultrapar’s Outlook to Stable from Negative
(Moody's, 26.Aug.2022) — Moody's Investors Service affirmed Ultrapar Participações S.A.'s Ba1 Corporate Family Rating and the Ba1 rating of the Backed Senior Unsecured Notes issued by Ultrapar International S.A., guaranteed...
Petrobras Receives Transparency Trophy 2022
(Petrobras, 24.Aug.2022) — Petrobras was elected one of the ten companies with the most transparent financial statements in Brazil in the category of companies with net revenues over R$20bn. The...
Petrobras BODs Approves Issuance of Commercial Notes
(Petrobras, 19.Aug.2022) — Petrobras hereby informs that the Executive Board approved on 18 August 2022, the 1st issuance of book-entry commercial notes (Issuance), without collateral and personal guarantee, in up...
Petrobras on Divestment of Refining and Logistics Assets
(Petrobras, 19.Aug.2022) — Petrobras, following up on the releases disclosed on 27 June 2022 and 15 July 2022, informs the beginning of the non-binding phase in the processes of sale...
Petrobras Concludes Ibiritermo S.A. Acquisition
(Energy Analytics Institute, 18.Aug.2022) — Petrobras finalized the acquisition of Edison S.p.A.'s 50% stake in Ibiritermo S.A. while the transfer of Usina Termelétrica Ibirité to Petrobras has been carried out....
CVM Rejects ANAPETRO Shareholder Meeting Request
(Energy Analytics Institute, 17.Aug.2022) — Petrobras received a letter on from the Brazilian Securities and Exchange Commission (CVM) informing that the Collegiate of the CVM decided to reject the request...
Brazil’s ANP Opens Permanent Bid Round for 11 Offshore Blocks
(Energy Analytics Institute, 17.Aug.2022) — Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP) published details 17 August 2022 in the South American country’s Official Gazette (DOU) regarding the timeline...
Petrobras on the Divestment of Potiguar Basin Exploration Assets
(Petrobras, 16.Aug.2022) — Petrobras informs that it has started the opportunity disclosure stage (teaser), regarding the sale of 40% of its interest in the BM-POT-17 exploratory concessions, in which the...
Petrobras on Letter Regarding Controlling Shareholder
(Energy Analytics Institutes, 15.Aug.2022) — Petrobras, following up on press statements it distributed on 20 July 2022 and 11 August 2022, says it has received an official letter from Brazil’s...
Petro Rio Reports Temporary Production Hiccup at Frade
(Energy Analytics Institute, 15.Aug.2022) — Petro Rio S.A. (B3: PRIO3) notified its shareholders of a temporary production interruption at the Frade Field due to a variance in the inert gas...
Keppel Wins $2.9bn Newbuild FPSO P-80 Contract from Petrobras
(Keppel Shipyard, 15.Aug.2022) — Keppel Offshore & Marine (Keppel O&M)’s wholly owned subsidiary, Keppel Shipyard, has won an international tender from Brazil’s National Oil Company, Petroleo Brasileiro S.A (Petrobras), for...
Petrobras Inks Deal with Keppel for P-80 Platform
(Petrobras, 15.Aug.2022) — Petrobras informs that, as a result of the progress of the development project for the Búzios field, in the Santos Basin pre-salt area, it signed a contract...
Petrobras on Letter from the Ministry of Economy
(Petrobras, 11.Aug.2022) — Petrobras, following up on the release disclosed on 20 July 2022, informs that it received a official letter from the Ministry of Economy (ME) today, at 09:25...
Petrobras Concludes Divestment of Onshore Fields in Ceará
(Petrobras, 5.Aug.2022) — Petrobras, following up on the release disclosed on 14 August 2020, informs that it has concluded today the sale of all its stakes in the onshore fields...
Petrobras Inks New Addendum with Bolivia’s YPFB
(Petrobras, 5.Aug.2022) — Petrobras, following up on the release disclosed on 24 May 2022, has celebrated a new addendum to the natural gas purchase contract with Yacimientos Petrolíferos Fiscales Bolivianos...
Petrobras Announces Commencement of SIP Deal with Petrogal Brasil
(Petrobras, 1.Aug.2022) — Petrobras, following up on the release disclosed on 30 Sep. 2020, informs that the Integrated Processing System (SIP) contract signed with Petrogal Brasil started operating today. The...
![Petrobras Reports Solid 2Q:22 Results [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2022/08/brazil-2q22-source-petrobras-768x407.png)
Petrobras Reports Solid 2Q:22 Results [PDF Downloads]
(Petrobras, 29.Jul.2022) — Once again we delivered solid quarterly results. According to our CFO, Rodrigo Araujo Alves, “Second quarter results show the resilience and strength of the company, which is...
Fact Box: Petrobras’ Growth vs Sustaining CAPEX
(Petrobras, 28.Jul.2022) — Petrobras’ growth CAPEX corresponded to 64% of total capex in 2Q:22. Growth CAPEX are those with the primary objective of increasing the capacity of existing assets, deploying...
Petrobras on Shareholder Remuneration Policy
(Petrobras, 28.Jul.2022) — Petrobras, following up on the press release disclosed today, informs that its Board of Directors, at a meeting held today, approved the payment of dividends in the amount...
TechnipFMC Says 2Q:22 Subsea Inbound Orders Were $1,928mn
(TechnipFMC, 27.Jul.2022) — TechnipFMC plc announced subsea inbound orders were $1,928mn for the second quarter of 2022. Book-to-bill in the period was 1.4. The following awards were included in the...
NRGBriefs: FPSO Brazil Congress 2022 in Rio de Janeiro
(Energy Analytics Institute, 25.Jul.2022) — Energy briefs including the government of the Brazilian state of Ceara teaming up with Enel Green Power Brasil to study the potential for development of...
Petrobras Receives Letter from Economy Ministry about Dividends
(Petrobras, 25.Jul.2022) — Petrobras, regarding the news published in the media, confirms that it received, on 06/22/2022, a letter from the Special Secretary of the Treasury and Budget of the...
![Petrobras Releases 2Q:22 Production and Sales Report [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2022/07/brazil_2q22-sales-and-production-report.jpg)
Petrobras Releases 2Q:22 Production and Sales Report [PDF Download]
(Petrobras, 21.Jul.2022) — In 2Q22, we (Petrobras) delivered an operating performance fully in line with the company's plans. Average production of oil, NGL and natural gas reached 2.65 MMboed, 5.1%...
NRGBriefs: Bristow Inks 1.6bn 10-year Deal
(Energy Analytics Institute, 21.Jul.2022) — Energy briefs including Bristow Helicopters Ltd (NYSE: VTOL) signing a £1.6bn 10-year contract for the Second-Generation Search and Rescue Aviation program; Golden Arrow Resources Corporation (TSXV: GRG)...
Petrobras on Payment of Shareholders Remuneration
(Petrobras, 20.Jul.2022) — Petrobras, following up on the releases disclosed on 5 May 2022 and 20 June 2022, informs that it is carrying out today the payment of the 2nd...
NRGBriefs: GYSBI’s Guyana Contract with Exxon; Cubico Wind Deals in Uruguay
(Energy Analytics Institute, 20.Jul.2022) — Energy briefs including Cubico Sustainable Investments acquiring two operating wind projects in Uruguay from ACS; Sempra announced plans to report its 2Q:22 earnings and host...
NRGBriefs: Fitch Upgrades Petrobras’ Credit Rating; Vista’s Earnings
(Energy Analytics Institute, 9.Jul.2022) — Energy briefs including Fitch upgrading Petrobras’ credit rating; and Vista Energy, S.A.B. de C.V. (NYSE: VIST; BMV: VISTA) planning to release its consolidated financial statements...
Equinor Restarts Peregrino Field Production
(Equinor, 19.Jul.2022) — Production in the Peregrino field in Brazil resumed on 16 July, aiming to ramp up production and reduce emissions intensity. Peregrino production was suspended in April 2020....
Petrobras’ BODs Validates CELEG Analysis
(Petrobras, 18.Jul.2022) — Petrobras informs that, in an extraordinary meeting held today, its Board of Directors (BD), in a session attended only by its members who were not nominated for...
Petrobras Comments on Manifestation of the Eligibility Committee
(Petrobras, 13.Jul.2022) — Petrobras informs that the Eligibility Committee (CELEG) resumed today the meeting, started on 7 July 2022, to finalize the analyses of the candidates for the Board of...
Petrobras Announces Expiration Results of Cash Tender Offers
(Petrobras, 13.Jul.2022) — Petróleo Brasileiro S.A. (Petrobras) (NYSE: PBR) announced the expiration and expiration date results of the previously announced cash tender offers (each, an “Offer” and collectively, the “Offers”)...
Petrobras Starts Non-binding Phase for UEG Araucária S.A. (UEGA)
(Petrobras, 12.Jul.2022) — Petrobras, following up on the release disclosed on 3 June 2022, informs the beginning of the non-binding phase for the sale of its entire 18.80% stake in...
Petrobras Committed to the Practice of Competitive Prices
(Petrobras, 12.Jul.2022) — Petrobras, regarding the news published in the media about its frequency of readjustments in fuel prices, clarifies that, in 2022, it carried out an increase and a...
NRGBriefs: UEG Araucária Fact Sheet; BW Energy Stock Trades
(Energy Analytics Institute, 11.Jul.2022) — Energy briefs including details related to UEG Araucária S.A. (UEGA), a partnership between Petrobras, Copel and Copel Geração e Transmissão. LATIN AMERICA AND THE CARIBBEAN...
Petrobras Completes DST at Alto de Cabo Frio Central Block
(Petrobras, 11.Jul.2022) — Petrobras, following up on the release disclosed on 1 April 2022, has completed a Drill Stem Test (DST) on the 1-BRSA-1383A-RJS wildcat well (Alto de Cabo Frio...
Petrobras Finalizes Gaspetro Divestment
(Petrobras, 11.Jul.2022) — Petrobras, following up on the releases disclosed on 28 July 2021 and 22 June 2022, informs that it has today finalized the sale of 51% of Petrobras...
Petrobras Inks $1.25bn Loan Linked to Sustainability
(Petrobras, 11.Jul.2022) — Petrobras signed on 8 July 22 a credit line with sustainability commitments (Sustainability-Linked Loan - SLL) in the amount of $1.25bn and maturity in July 2027. The...
Petrobras to Host 2Q:22 Results Calls
(Petrobras, 7.Jul.2022) — Petrobras informs that it will release its 2Q22 Production and Sales Report on 21 July 2022 and its 2Q22 Financial Performance Report on 28 July 2022, both...
MAN Technology for Offshore Gas Production in Brazil
(MAN Energy, 7.Jul.2022) — MAN Energy Solutions has received an order to supply a total of seven compressor trains for a new FPSO vessel off the coast of Brazil. Yinson,...