(Petrobras, 9.May.2016) – Petrobras' total oil and natural gas production in April amounted to 2.69 MMboe/d, of which 2.50 MMboe/d were produced in Brazil and 190,000 boe/d abroad. The average...
(Petrobras, 8.May.2016) – Petrobras, regarding the sale of its stake in Petrobras Argentina, as disclosed in the Material Fact on February 3, 2016, would like to announce that negotiations with...
(Petrobras, 4.May.2016) – Petrobras has completed negotiations with the Southern Cross Group on the main terms and conditions for the sale of 100 percent of Petrobras Chile Distribución Ltda. (PCD),...
(Karoon Gas Australia Ltd., 28.Apr.2016) – Karoon Gas Australia Ltd. provided an update on recent events relating to its 65 percent owned Santos Basin Blocks S-M-1037, 1101, 1102, 1165 &...
(Petrobras, 26.Apr.2016) – Petrobras declared that the new injunction granted by the Rio Federal Court has not suspended the sale of 49 percent of its interest in Gaspetro, but determined...
(Petrobras, 10.Apr.2016) – Petrobras' oil and natural gas output in March reached 2.55 MMboe/d, including 2.36 MMboe/d produced in Brazil and 183,000 boe/d abroad. Average oil production in March was...
(Keppel Corporation Ltd. 7.Apr.2016) – Singapore's Keppel Corp. Ltd. announced that its unit Keppel Offshore & Marine Ltd. (Keppel O&M), through its subsidiary, Keppel FELS Brasil SA's BrasFELS shipyard has...
(Petrobras, 1.Apr.2016) – Petrobras launched a new Program to Encourage Voluntary Severance (PIDV), which will be open to all employees, regardless of their age or length of service at the...
(Golar LNG, 4.Mar.2016) — Golar GenPower Brasil Participações S.A., a joint venture between LNG Power Limited (UK), a standalone non-recourse subsidiary of Golar LNG Limited and GenPower Participações S.A., announced...
(Energy Analytics Institute, Jared Yamin, 30.Oct.2015) – Brazil’s state oil entity Petrobras discusses its challenges in the pre-salt during the Offshore Technology Conference in Houston, Texas. https://youtu.be/dJMlsTw2BU4
(Statoil ASA, 22.Sep.2015) – Norway's Statoil ASA, on behalf of the Peregrino license partners, has been awarding a contract to Wood Group to provide 4-year operations and maintenance for 2...
(Petrobras, 17.Sep.2015) – Due to the article published in the press on the potential sale of Gaspetro, Petrobras clarifies that, as announced on June 29, 2015, a divestment plan has...
(Petrobras, 16.Sept.2015) – Petrobras' oil and natural gas production in Brazil and abroad reached 2.88 MMboe/d in Aug.2015, a new record. It is up 0.8% on the previous record of...
(Petrobras, 15.Sep.2015) – Petrobras hereby responds to BM&FBovespa Official Letter 2851/2015-SAE, which requests the following clarifications: BM&FBovespa Official Letter 2851/2015-SAE "We request that you provide clarification, by 9 a.m. on...
(Petrobras, 15.Sep.2015) – Petrobras' Board of Directors approved the appointment of Director Luiz Nelson Guedes de Carvalho at a meeting. Carvalho will chair this Board during Mr. Murilo Pinto de...
(Petrobras, 15.Sept.2015) – In regard to the news items carried by the press concerning the leasing of oil rigs, Petrobras cannot confirm that it is about to sign a 15-year...
(Petrobras, 14.Sep.2015) – Petrobras' Chair of the Board of Directors, Murilo Ferreira, has advised the Board that he will be on leave of absence until 30.Nov.2015. ***
(Petrobras, 11.Sep.2015) – Regarding Standard & Poor's announcement of its new rating on September 10, 2015, Petrobras reiterates the medium-term fundability of its projects has been assured through loans taken...
(Petrobras, 11.Sep.2015) – Petrobras and Braskem have signed contracts to supply naphtha for 2-months, starting on September 1, 2015: one is for the Braskem Unit in São Paulo and the...
(Petrobras, 10.Sep.2015) – Currently, Petrobras has 28 contracts with Sete Brasil to charter drilling rigs. Charter contracts for 7 of the rigs were signed in Jun.2011 and the remaining 21...
(Petrobras, 26.Aug.2015) – Petrobras sets new daily and monthly records for oil extraction in the pre-salt layer. Petrobras' average oil and natural gas production rose 1.8% in July 2015 compared...
(Petrobras, 26.Aug.2015) – Petrobras has submitted to the Brazilian Financial and Capital Markets Association (ANBIMA) a request for the preliminary analysis of registration for the public offer of simple debentures,...
(Petrobras, 18.Aug.2015) – Pursuant to CVM Instruction 480/09, Petrobras has published, in the Brazilian Securities and Exchange Commission (CVM) system, an acknowledgement relating to the meeting of the Board of...
(Moody's Investor Service, 14.Aug.2015) – Moody's Latin America Agente de Calificación de Riesgo affirmed the Ba2/Aaa.ar global scale rating and national scale rating on Petrobras Argentina S.A.'s $300 million in...
(Petrobras, 14.Aug.2015) – Petrobras has decided to include tax debts in the Special Installment Program – REFIS, introduced under Law 12996/2014 and regulated by the Joint Ordinance PGFN/RFB 1064/15 and...
(Petrobras, 7.Aug.2015) – Following the publication of Joint Regulation RFB/PGFN #1064 and Regulatory Instruction 1576 in the Official Gazette on 3.Aug.2015, by the Brazilian Internal Revenue and the Office of...
(Petrobras, 7.Aug.2015) – Petrobras announces that, in continuation of the studies for the initial public offering of shares by Petrobras Distribuidora (BR), disclosed in the Material Fact of 1.Jul.2015, its...
(Petrobras, 7.Aug.2015) – Petrobras made net earnings of R$5.9 bln in the 1H:15, down 43% from the 1H:14. This result mainly reflects an increase in net financial expenses and recognition...
(Petrobras, 1.Aug.2015) – On July 31, 2015, the Cidade de Itaguaí started up production to commence the operational phase of the Iracema Norte project. This area is located in the...
(Petrobras, 31.Jul.2015) – The Federal Public Prosecution Ministry returned R$139 mln misappropriated by former employees to Petrobras. Petrobras has made its supplier management process stricter. Its suppliers must now provide...
(SBM Offshore N.V., 28.Jul.2015) – SBM Offshore N.V. announced that on 27.Jul.2015 it completed the project financing of FPSO Cidade de Saquarema -- which will be deployed to the Lula...
(Petrobras, 22.Jul.2015) – In regard to the news published by the press on the Braskem contract, Petrobras would like to make it clear that the naphtha supply contract between Petrobras...
(Petrobras, 21.Jul.2015) – Regarding reports in the press about an Initial Public Offering (IPO) for BR Distribuidora S.A., Petrobras clarifies that, as announced on 1.Jul.2015, the Executive Board authorized a...
(Petrobras, 17.Jul.2015) – Due to the unfavorable final ruling by the Tax Appeals Board (CARF), Petrobras paid R$1.6 bln to cover the Tax Deficiency Notice issued by the Brazilian Federal...
(Petrobras, 17.Jul.2015) – Further to the Parque das Baleias Arbitration released on July 6, 2015, the Arbitration Tribunal issued a new ruling (16.Jul.2015) to suspend deposits of disputed special participation...
(SBM Offshore B.V., 10.Jul.2015) – SBM Offshore announced the arrival of FPSO Cidade de Marica at BRASA, Brazil. The SBM Offshore vessel berthed safely at the Niteroi-Rio based yard 9.Jul.2015....
(Douglas-Westwood, 7.Jul.2015) – Douglas-Westwood commented on "Brazil – In Deep Trouble" in its latest edition of DW Monday. Petrobras has long been a pioneer in the adoption and deployment of...
(Petroleo Brasileiro S.A., 6.Jul.2015) – Petroleo Brasileiro S.A. (Petrobras) reported that the floating production, storage and offloading unit (FPSO) Cidade de Itaguai is now anchored in the Iracema Norte area...
(Petrobras, 6.Jul.2015) – On 2.Jul.2015, the Arbitration Court granted a provisional remedy in an action filed by Petrobras relating to a resolution of the National Agency of Petroleum, Natural Gas...
(Petrobras, 2.Jul.2015) – Petrobras signed with PetroRio S.A. contracts for the sale of 20% of its stake in the concessions of Bijupirá and Salema fields, currently operated by Shell. The...
(Petrobras, 1.Jul.2015) – Petrobras’ Executive Board, at a meeting held on 30.Jun.2015, authorized studies to be prepared analyzing strategic alternatives for its wholly-owned subsidiary Petrobras Distribuidora S.A. (BR). Among the...
(Petrobras, 29.Jun.2015) – On 26.Jun.2015, the Board of Directors of Petrobras approved the 2015–2019 Business and Management Plan. The plan earmarks investments of $130.3 billion for 2015-2019. The investment portfolio...
(Swire Oilfield Services, 29.Jun.2015) – Swire Oilfield Services secured an exclusive five year contract with Weatherford International plc in Brazil. “This is a great reward for the team’s efforts in...
(The Brazil Business, Renata Garcia, 16.Jun.2015) — IBAMA is an institute that was created to ensure the preservation and maintenance of the environment. It acts in the protection of Brazilian...
(Petrobras, 12.Jun.2015) – Petrobras completes analysis of factors that contributed to accident on 11.Feb.2015, on board FPSO Cidade de São Mateus, in Espírito Santo. The report is aimed at documenting...
(Petrobras, 12.Jun.2015) – Petrobras’ pre-salt production in May set two new monthly output records. Production handled by the company, including both Petrobras and partner production, reached a new high of...
(Petrobras, 5.Jun.2015) – Brazil is now among the countries that best use their natural gas output. By significantly reducing gas flaring on its platforms, in Feb.2015 Petrobras achieved a record...
(Moody's, 3.Jun.2015) – Moody's Investors Service assigned a Ba2 rating to Petrobras Global Finance B.V.'s proposed global notes, which will be unconditionally guaranteed by Petrobras. The Ba2 rating on the...
(Petrobras, 20.May.2015) – On 19.May.2015, Petrobras signed a cooperation agreement with the China Development Bank (CDB) for the years 2015-2016. The deal encompasses funding of $3.5 billion already disbursed, as...
(Petrobras, 20.May.2015) – Petrobras has provisioned, in its 2014 Financial Statements, an allowance for impairment of trade receivables to cover uncollateralized receivables. In the 1Q:15 financial statements, as disclosed in...
(Petrobras, 19.May.2015) – Petrobras’ foreign oil and natural gas production in April 2015 was 2.785 (Mmboe/d), in Brazil and abroad, up 0.8% on March 2015, which was 2.764 Mmboe/d. Among...
(Petrobras, 13.May.2015) – Petrobras announces that on April 11, 2015, oil production in the fields it operates in the pre-salt province of the Santos and Campos basins reached the milestone...
(Petrobras, 8.May.2015) – Petrobras has filed joint lawsuits with the Federal Public Prosecutors’ Office for improper conduct against the contractors and executives identified as responsible for irregularities within the scope...
(Petrobras, 8.May.2015) – Petrobras’ Board of Directors has unanimously approved the new composition of its Audit Committee, by appointing Directors Luiz Nelson Guedes, Luiz Augusto Fraga Navarro de Britto Filho...
(Moody's, 30.Apr.2015) – Moody's América Latina assigned a Baa3 global scale and Aaa.br national scale ratings to Raízen Energia S.A.'s proposed BRL 500 million senior unsecured CPR-F (Cédulas de Produto...
(Petrobras, 29.Apr.2015) – Petrobras finished drilling well 3-BRSA-1296-SES (ANP nomenclature) in the Sergipe Basin’s ultra-deep waters, in concession BM-SEAL-10, block SEAL-M499. The test results confirmed the presence of light oil...
(Petrobras, 28.Apr.2015) – On 24.Apr.2015, Petrobras submitted a request to assist the Federal Prosecutors Office in seven criminal lawsuits related to Operação Lava Jato (Operation Car Wash), in which the...
(Petrobras, 23.Apr.2015) – Petrobras presented a loss of R$21.6 billion for the year 2014, mainly due to an asset impairment charge of R$44.6 billion, a write-down of improperly capitalized additional...
(Baker Hughes Incorporated, 21.Apr.2015) – Baker Hughes Incorporated announced results for the first quarter of 2015. Latin America revenue was $493 million for the 1Q:15, down $37 million, or 7%,...
(Karoon Gas Australia Ltd., 21.Apr.2015) – Karoon Gas Australia Ltd. announced that a 699 foot (213 meter) gross oil column has been confirmed in the Echidna-1 exploration well in Block...
(Petrobras, 17.Apr.2015) – Petrobras has approved the following contracts: -- R$ 4.5 billion export note with Banco do Brasil through its subsidiary BR Distribuidora for a 6-year period. -- R$...
(Petrobras, 15.Apr.2015) – Petrobras' approved divestment plan does not contain pre-salt assets. As reported in a Material Fact on 2.Mar.2015, Petrobras has approved a divestment plan with a total value...
(Subsea 7 S.A., 14.Apr.2015) – Norway's Subsea 7 S.A. was awarded a contract worth approximately $200 million with a duration of approximately 2-years. “This new contract for Seven Seas maintains...
(Petrobras, 27.Mar.2015) – The Petrobras Annual Shareholders' Meeting scheduled for April 29, 2015 will elect new members of the Board of Directors and Fiscal Council. Petrobras has not yet completed...
(Petrobras, 27.Mar.2015) – Petrobras has decided to initiate its plan for withdrawing from Okinawa, Japan. The plan involves closing down the refining activities of the Nansei Sekiyu refinery (NSS). To...
(Petrobras, 25.Mar.2015) – At a meeting on March 24, 2015, Petrobras' Executive Board gave the go-ahead for a project to review its corporate governance and organizational management model, based on...
(Petrobras, 24.Mar.2015) – The Libra consortium has finished drilling extension well 3-BRSA-1267-RJS/3-BRSA-1267A-RJS (3-RJS-735/735A). The drilling results confirmed the presence of a hydrocarbon column approximately 200 meters deep in reservoirs with...
(Petrobras, 22.Mar.2015) – Economist Guido Mantega resigned on March 23, 2015 from the Petrobras' Board of Directors, leaving his position as President. The Board approved by majority vote the election...
(Karoon Gas Australia Ltd., 20.Mar.2015) – Karoon Gas Australia Ltd.'s disclosed that the Kangaroo-2 appraisal well, located in exploration Block S-M-1165, confirmed a 820 foot (250 meter) gross or 443...
(Petrobras, 19.Mar.2015) – Petrobras output from the Santos and Campos basin pre-salt clusters reached record levels in February. On 26 of the month, records were broken for own output, which...
(Petrobras, 18.Mar.2015) – Petrobras set a new national record, drilling under a water column (distance between the water surface and the seabed) of 2,990 meters. This was achieved in February...
(Petrobras, 13.May.2015) – Petrobras CEO Aldemir Bendine participated in a ceremony to return to Petrobras sums recovered through the Federal Police’s “Operação Lava Jato” anti-corruption investigation. At the event, a...
(Petrobras, 12.Mar.2015) – On March 10, 2015 Petrobras started up its early production system in the Santos Basin’s Buzios field. This will be the first large-scale long-term production run in...
(Global Credit Research, 3.Mar.2015) – Moody's Investors Service comments that Braskem S.A. announcement of a third extension of its naphtha supply contract with Petroleo Brasileiro S.A. (Petrobras) is credit negative...
(Petrobras, 2.Mar.2015) – Petrobras announces that its Board of Directors, on a meeting on February 27, has approved a contract with PricewaterhouseCoopers Auditores Independentes for the provision of accounting audit...