Petrobras Reports Record Production In 2020
(Petrobras, 7.Jan.2021) — Petrobras registered records in its 2020 annual oil production and total annual production (oil and gas) of, respectively, 2.28 million barrels per day (bpd) of oil and...
Pompeo On Win-Win Solutions, Capital Storming
(Energy Analytics Institute, 6.Jan.2021) — US Secretary of State Michael Pompeo comments on win-win mineral solutions in certain countries from DRC to Brazil as well as other issues related to...
Petrobras Comments On IESA Oleo e Gas Case
(Petrobras, 4.Jan.2021) — Petrobras informs that an arbitral panel seated in New York, has issued an award in an arbitration initiated by IESA Óleo e Gás S.A. determining the payment...
Brazil Eyes Oil Industry Reforms To Lure Investors
(S&P Global, 31.Dec.2020) — Brazil needs to continue making important oil industry reforms in 2021 to remain as one of the world's top destinations for investments amid heated global competition...
Petrobras Comments On Gaspetro’s Divestment
(Petrobras, 30.Dec.2020) — Petrobras, following up on the release disclosed on November 30, 2020, regarding the divestment of Petrobras Gás S.A. (Gaspetro), informs that it received on 22 December 2020...
Petrobras Closes Equity Interest In Sete Brasil Group
(Petrobras, 30.Dec.2020) — Petrobras, following up on the release disclosed on 20 December 2019, informs that its Dutch subsidiary Petrobras Netherlands B.V. transferred, today, to companies of Sete Brasil Group,...
Petrobras On Vitol Leniency Agreement
(Petrobras, 29.Dec.2020) — Petrobras informs that it received, as of today, the amount of R$232.6mn, as a result of a leniency agreement entered into between the Federal Prosecutor's Office (MPF)...
Petrobras On Transpetro Share Capital Reduction
(Petrobras, 29.Dec.2020) — Petrobras informs that, as sole shareholder, it approved today the reduction of share capital of its wholly-owned subsidiary Petrobras Transporte S.A. (Transpetro), in the amount of R$557,020,835.82...
Petrobras Starts Arbitration Against Odebrecht
(Petrobras, 28.Dec.2020) — Petrobras presented today a request for arbitration with an indemnity claim estimated at approximately R$800mn, against Odebrecht S.A., based on the shareholders' agreement regarding Braskem, for violations...
SBM Offshore Extends Lease For FPSO Espirito Santo
(SBM Offshore N.V., 23.Dec.2020) — SBM Offshore reports a contractual lease extension for FPSO Espirito Santo in Brazil and expects a potential increase in the lease duration for FPSOs in...
Petrobras Inks Deal To Sell Onshore Fields In Bahia
(Petrobras, 23.Dec.2020) — Petrobras informs that it signed today with Petrorecôncavo S.A. a contract for the assignment of its entire stake in 12 onshore exploration and production fields, denominated Remanso...
Petrobras Concludes Redemption Of Global Notes
(Petrobras, 23.Dec.2020) — Petrobras, following up on the release disclosed on 18 December 2020, announced its wholly-owned subsidiary Petrobras Global Finance B.V. (PGF) concluded today the financial settlement of the...
Petrobras Starts Bahia Terra Cluster Non-binding Phase
(Petrobras, 23.Dec.2020) — Petrobras, following up on the release disclosed on 4 November 2020, informs the beginning of the non-binding phase, referring to the sale of all of its stakes...
Petrobras On New Contracts With Braskem
(Petrobras, 22.Dec.2020) — Petrobras informs that it has signed new long-term contracts with Braskem S.A. to supply petrochemical naphtha to the industrial unit in the state of São Paulo and...
Petrobras Confirms Oil At Buzios Well
(Petrobras, 22.Dec.2020) — Petrobras confirmed oil of excellent quality with the drilling of well 9-BUZ-48D-RJS, located in the extreme northwest of Búzios field in the Santos Basin. The well is...
Petrobras Inks New Supply Deal With Braskem
(Petrobras, 22.Dec.2020) — Petrobras signed new long-term contracts with Braskem S.A. to supply petrochemical naphtha to the industrial unit in the state of São Paulo and to supply ethane and...
PetroRio Reveals Long-Term Financing With Prisma
(PetroRio, 21.Dec.2020) — PetroRio S.A., in accordance with best corporate governance practices and transparency, and in order to maintain informational equity in view of the possible share offering disclosed in...
PetroRio Buys Ventura’s Atlantic Zephyr Rig For $1
(PetroRio, 21.Dec.2020) — PetroRio signed an agreement with Ventura for the acquisition, for $1 (one US Dollar), of the Atlantic Zephyr rig, a semi-submersible anchored rig suitable for interventions and...
Petrobras Receives “Dragon” Supercomputer
(Petrobras, 21.Dec.2020) — Petrobras started to receive the equipment that compose the supercomputer called “Dragon”, a high performance computer aiming at a greater geophysical processing performance, reducing geological and operational...
ANP Board Agrees To Maintain Covid-19 Protocols
(Energy Analytics Institute, 18.Dec.2020) — The ANP Board approved on 17 December 2020 a resolution to maintain temporary safety measures and protocols to deal with the emergency that has arisen...
PBio Completes Sale Of BSBios Shares
(Petrobras, 18.Dec.2020) — Petrobras, following up on the press release disclosed on 27 April 2020, informs that its wholly-owned subsidiary Petrobras Biocombustível S.A. (PBio), as part of the competitive process,...
Petrobras On Deal In Arbitration Of Sete Brasil
(Petrobras, 17.Dec.2020) — Petrobras informs that, on this date, the payment of R$190mn was made to the Pension Fund of the Employees of the Bank of Brazil - Previ, due...
Brazil Removes 32 Sensitive, Offshore Blocks From Round
(S&P Global Platts, 11.Dec.2020) — Brazil's National Energy Policy Council, or CNPE, dealt a sharp blow to the country's offshore exploration and production program by removing 32 high potential but...
Petrobras Inks Deal To Divest Onshore Sergipe Field
(Petrobras, 11.Dec.2020) — Petrobras, following up on the release disclosed on 01/03/20, informs that it signed today with Energizzi Energias do Brasil Ltda a contract for the sale of its...
Petrobras Starts Marlim Cluster Non-binding Phase
(Petrobras, 10.Dec.2020) — Petrobras, following up on the release disclosed on 16 November 2020, informs the beginning of the non-binding phase regarding the sale of 50% of its stakes in...
Petrobras Eyes Dividend Payment For 2019
(Petrobras, 10.Dec.2020) — Petrobras informs it will pay, on Tuesday, 15 December 2020, dividends referred to the 2019 fiscal year, based on shareholding position as of 22 July, in connection...
Petrobras Concludes Sale Of Onshore Fields
(Petrobras, 9.Dec.2020) — Petrobras, following up on the release disclosed on 03/09/2020, has concluded the sale of 100% of its stakes in four onshore fields, located in the Tucano Basin,...
Petrobras Receives Bids On Four Refineries
(Petrobras, 2.Dec.2020) — Rio de Janeiro-based Petrobras, following up on the press release disclosed on 1 October 2020, has received binding proposals for four refineries: Landulpho Alves (RLAM), in Bahia,...
Petrobras On Favorable Arbitration Decision
(Petrobras, 1.Dec.2020) — Petrobras informs that it received, on this date, a favorable partial decision in one of the arbitrations proceeding before the Market Arbitration Chamber (CAM) of B3, initiated...
Petrobras To Join Corporate Sustainability Index (ISE)
(Petrobras, 1.Dec.2020) — Petrobras will be part of B3 Corporate Sustainability Index (ISE) again. The company will integrate the main Brazilian index under the aspect of corporate sustainability in 2021,...
Petrobras Comments On Gaspetro Divestment
(Petrobras, 30.Nov.2020) — Petrobras, following up on the release disclosed on 27 November 2020, regarding the divestment of Petrobras Gás S.A. (Gaspetro), clarifies that the company Compass Gás Energia S.A....
![Petrobras Day 2020 [PDF Download]](https://secureservercdn.net/166.62.110.232/azj.dc0.myftpupload.com/wp-content/uploads/2020/12/2020-12-03-Apresentacao-do-PowerPoint-brazil-768x432.jpg)
Petrobras Day 2020 [PDF Download]
(Petrobras, 30.Nov.2020) — Rio de Janeiro-based Petrobras provided operational and financial details from its once yearly Petrobras Day. Petrobras Day 30 November 2020 ... petrobras_day_final_ingles_2020Download __________
Compass Gas Energia Out Of Running For Gaspetro
(Energy Analytics Institute, 27.Nov.2020) — Brazil’s state oil company Petrobras announced that regarding divestment of Petrobras Gás S.A. (Gaspetro) that Compass Gás Energia S.A. wasn’t qualified for the continuation of...
Petrobras Says Not Party In Arbitrations
(Petrobras, 26.Nov.2020) — Petrobras, in relation to the news published in the Exame magazine yesterday, informs that it is not a party in the arbitrations that are jointly pending before...
Petrobras Reveals Strategic Plan 2021-2025, Cuts CAPEX
(Petrobras, 25.Nov.2020) — Petrobras announced its Board of Directors approved, in a meeting held today, the Strategic Plan for the five-year period 2021-2025 (SP2021-25). The plan maintains the five pillars...
Petrobras Launches “More Value Program”
(Petrobras, 24.Nov.2020) — Petrobras launched the “More Value Program” (Programa Mais Valor), a new financial solution tool for suppliers. The pilot started last week and, in November 30th, the tool...
Petrobras Release Dates For Petrobras Day
(Petrobras, 24.Nov.2020) — Petrobras informs that the Petrobras Day will be held in Portuguese on 30 November 2020 and in English on 1 December, when it will present its 2021-25...
Petrobras Updates On Papa-Terra Field Rumors
(Petrobras, 24.Nov.2020) — Petrobras, in relation to the news published in the media, regarding the divestment of the Papa-Terra field, Campos Basin, clarifies that the stage of receiving binding offers...
Geopark To Divest 10% Stake In Manati Gas Field In Brazil
(GeoPark, 23.Nov.2020) — GeoPark Limited announced its Board of Directors has approved an agreement to sell its 10% non-operated working interest in the Manati gas field in Brazil to Gas...
Canadian Solar Inks Deals With BTG And Furnas
(Canadian Solar, 23.Nov.2020) — Canadian Solar Inc., one of the world’s largest solar power companies, announced that it recently signed a power purchase agreement (PPA) with BTG Pactual and that...
Braskem And Haldor Topsoe Production MEG From sugar
(Braskem, 23.Nov.2020) — Braskem, the largest petrochemical company in the Americas and a world leader in the production of biopolymers, and Denmark-based Haldor Topsoe, a global leader in supply of...
Petrobras Redeems Five Series Of Notes
(Petrobras, 23.Nov.2020) — Petrobras’ wholly-owned subsidiary Petrobras Global Finance B.V. (PGF) has delivered notices of redemption to the holders of the outstanding 5.375% Global Notes due 2021 (“5.375% Notes”), 8.375%...
Petrobras Starts Carmópolis Cluster Non-binding Phase
(Petrobras, 19.Nov.2020) — Petrobras, following up on the release disclosed on 23 October 2020, informs the beginning of the non-binding phase regarding the sale of all of its stakes in...
Petrobras Comments On Liquigás Divestment
(Petrobras, 18.Nov.2020) — Petrobras, following up on the release disclosed on 19 November 2019, informs the Administrative Council for Economic Defense (CADE), in a Court session held on this date,...
Petrobras Starts Non-binding Phase For Albacora
(Petrobras, 17.Nov.2020) — Petrobras, following up on the release disclosed on 25 September 2020, informs the beginning of the non-binding phase regarding the sale of all of its stakes in...
Petrobras Starts Teaser For Campos Basin Assets
(Petrobras, 16.Nov.2020) — Petrobras started the opportunity disclosure stage (teaser), referring to the sale of 50% of its stakes in the concessions of Marlim, Voador, Marlim Leste and Marlim Sul,...
Brazil’s ANP To Hold 2nd Permanent Bid Round
(Energy Analytics Institute, 12.Nov.2020) — Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP by its Portuguese acronym) will hold its second permanent bid round where it will offer 14...
Petrobras Board Approves Deadline For Sete Brasil Deal
(Petrobras, 12.Nov.2020) — Petrobras, following up on the release disclosed on 28 September 2020, announced its Executive Board approved a new change in the deadline for certain conditions set forth...
Court Annuls Petros Sentence Arbitration
(Petrobras, 11.Nov.2020) — Petrobras, following up on the releases disclosed on 21 and 29 July, 26 August and 9 October 2020, hereby informs that a judicial decision was issued at...
Braskem On Carbon Neutrality By 2050
(Braskem, 10.Nov.2020) — Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, announces its latest sustainability ambitions to significantly expand its efforts to...
Equinor Awards Bacalhau Drilling Contracts
(Equinor, 10.Nov.2020) — Equinor has, on behalf of the partners ExxonMobil and Petrogal Brasil, awarded Baker Hughes, Halliburton and Schlumberger contracts for drilling and well services on the Bacalhau field...
Essar, Raizen And Ultra Eye Bid For Petrobras’ Refinery
(Reuters, 9.Nov.2020) — Brazil's Petroleo Brasileiro SA is set to receive binding offers on Dec. 10 for its Rio Grande do Sul state refinery Refap, with Indian conglomerate Essar Group...
Petrobras Finalizes Baúna Field Divestment
(Petrobras, 6.Nov.2020) — Petrobras, following up on the releases disclosed on 24 and 28 July 2020, concluded the sale of its entire stake in the Baúna field (BM-S-40 concession area),...
Petrobras Commences Ceará E&P Assets Binding Phase
(Petrobras, 4.Nov.2020) — Petrobras, following up on the release disclosed on 7 August 2020, informs the beginning of the binding phase regarding the sale of its entire stake in the...
Petrobras Cuts Natural Gas Price For Distributors
(Petrobras, 4.Nov.2020) — Petrobras has readjusted, on 1 November 2020, the sales prices of natural gas for distributors for the contracts started in January. The adjustments occurred according to parameters...
Petrobras Reveals Teaser For Bahia E&P Assets
(Petrobras, 4.Nov.2020) — Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of all of its stakes in a set of twenty-eight onshore production...
Petrobras Creates Climate Change Exec Management
(Petrobras, 3.Nov.2020) — Petrobras, reinforcing the growing importance of the transition to low carbon in the company, informs the creation of the Climate Change Executive Management, which will be responsible...
Petrobras Reinforces Climate Change Initiatives
(Petrobras, 3.Nov.2020) — Petrobras, reinforcing the growing importance of the transition to low carbon in the company, informs the creation of the Climate Change Executive Management, which will be responsible...
Petrobras Initiates Araucária Binding Phase
(Petrobras, 30.Oct.2020) — Petrobras, following up onthe press release disclosed on 17 September 2020,informs the beginning of the binding phase regarding the sale of all its shares in the wholly-owned...
Petrobras Updates On Dividend Policy
(Petrobras, 28.Oct.2020) — Petrobras informs that its Board of Directors, in a meeting held yesterday, approved the revision of the Shareholders Compensation Policy in order to enable the Management to...
Petrobras Receives Proposal For Gaspetro
(Petrobras, 27.Oct.2020) — Petrobras informs, regarding the news published in the media, that it received yesterday binding proposals for the sale of its 51% stake in Gaspetro S.A. (Gaspetro) and...
Petrobras Approves Ethical Conduct Guide For Suppliers
(Petrobras, 27.Oct.2020) — Petrobras approved the Guide to Ethical Conduct for its suppliers. It is the first document exclusively aimed at our suppliers, with guidelines on expected values and ethical...
Atlas Renewable Obtains $67mn Loan From IDB Group
(Atlas Renewable Energy, 26.Oct.2020) — Atlas Renewable Energy obtained a $67 million loan from IDB Invest, member of IDB Group, and from DNB Bank ASA (Norway) to finance the construction...
Karoon Energy Names Julian Fowles As New CEO
(Karoon Energy, 26.Oct.2020) — Karoon Energy Ltd announced Dr Julian Fowles has been appointed as Chief Executive Officer and Managing Director. Dr Fowles will commence with Karoon immediately following the...
Petrobras Reveals Teaser For Sergipe E&P Assets
(Petrobras, 23.Oct.2020) — Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of a set of eleven onshore production field concessions, with integrated facilities,...
Karoon Gets ANP Approval For Baúna Acquisition
(Karoon Energy, 23.Oct.2020) — Karoon Energy Ltd provided the market with the following update on the Baúna asset acquisition: -- Karoon announced the Board of Directors of the Agência Nacional...
Petrobras Concludes $1bn Global Notes Offering
(Petrobras, 22.Oct.2020) — Petrobras concluded the offering of its 5.60% Global Notes due January 2031 in the international capital market in the amount of $1bn (CUSIP No. 71647NBH1/ ISIN No....
Petrobras Boosts Production Outlook
(Reuters, 20.Oct.2020) — Brazilian state-run oil company Petrobras said on Tuesday that 2020 production should exceed previously disclosed estimates, as the firm ramps up production at some of its most...
Vitol Recordings Expand Brazilian Oil Bribery Probe
(Reuters, 20.Oct.2020) — Brazilian police expanded a long-running corruption probe at state-controlled oil company Petroleo Brasileiro SA based in part on secret recordings made by a former executive of Swiss...
Petrobras Reveals Results Of Its Cash Tender Offers
(Petrobras, 20.Oct.2020) — Petrobras announces the expiration and expiration date results of the previously announced offers to purchase for cash by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) of...
Petrobras Updates On 3Q:20 Production And Sales
(Petrobras, 20.Oct.2020) — Petrobras' operational performance in 3Q20 was very good, considering the challenging scenario imposed by the COVID-19 pandemic. Our oil and gas production in Brazil grew by 9.0%...
Petrobras Delays Bidding For Parque Das Baleias FPSO
(Energy Analytics Institute, 16.Oct.2020) — Rio de Janeiro-based Petróleo Brasileiro SA or Petrobras, announced it has postponed the Integrated Project of Parque das Baleias by around a year; thus, pushing...
Petrobras Starts Alagoas Assets Binding Phase
(Petrobras, 15.Oct.2020) — Petrobras, following up on the release disclosed on 29 July 2020, informs the beginning of the binding phase regarding the sale of its entire stake in a...
Oceaneering Inks BOP Deal With Petrobras
(Oceaneering, 13.Oct.2020) — Oceaneering International, Inc. has been awarded a BOP tethering services contract offshore Brazil from Petrobras. The contract duration is one-year with the option to extend for an...
Petrobras Prices Global Notes
(Petrobras, 13.Oct.2020) — Petrobras priced an offering of additional notes of its 5.600% Global Notes due 2031 (CUSIP No. 71647NBH1/ ISIN No. US71647NBH17) to be issued by its wholly-owned subsidiary...