(Petrobras, 3.Aug.2020) — Petrobras, following up on the press release disclosed on 3 July 2020, informs the beginning of the non-binding phase regarding the sale […]
Category: Brazil
Brazil energy
Petrobras Reveals Details Of Bahia LNG Terminal Lease
(Petrobras, 3.Aug.2020) — Petrobras, in accordance with the commitments made through the Agreement signed with the Administrative Council for Economic Defense (CADE), on 8 July […]
Petrobras 2Q:20 Earnings Call Transcript
(The Motley Fool, 1.Aug.2020) — Petrobras’s earnings call for the period ending 30 June 2020. Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: […]
Petrobras: Message From CEO Roberto Castello Branco
(Petrobras, 31.Jul.2020) — Brazil state oil and gas company Petrobras reported financial and operational results for the second quarter of 2020. The company’s Chief Executive […]
Petrobras Expects To Seal Refinery Sale To Mubadala
(Reuters 31.Jul.2020) — Brazilian state-run oil firm Petroleo Brasileiro SA expects to conclude unilateral negotiations regarding the sale of its RLAM refinery in northeastern Brazil […]
Petrobras To Sale Tayrona Block Offshore Colombia
(Petrobras, 27.Jul.2020) — Petrobras informs that it has started the opportunity disclosure stage (teaser), regarding the sale of its entire stake in the exploratory portion […]
Petrobras Makes $3.5bn Prepayment On Credit Lines
(Petrobras, 27.Jul.2020) — Petrobras, following up on the press release on 03/20/2020, informs that, as of today, it has made the partial prepayment of its […]
Petrobras Begins Contracting For 3 BĂşzios Field FPSOs
(Petrobras, 24.Jul.2020) — Petrobras’ Executive Board approved the beginning of the contracting processes for three new Floating Production Storage and Offloading (FPSOs) platforms for the […]
Petrobras Approves Dividends Payment
(Petrobras, 22.Jul.2020) — Petrobras informs that, in a meeting held today, the Annual General Meeting approved dividends to shareholders in the amount of R$ 1.7 […]
Petrobras On VAT Tax In PIS/COFINS Calculation Basis
(Petrobras, 21.Jul.2020) — Petrobras informs that it has obtained a favorable and final decision from the Federal Regional Court of the 2nd Region in process […]
Petrobras Concludes Divestment Of TAG
(Petrobras, 20.Jul.2020) — Petrobras, following up on the press release on 13 March 2020, entered into a share purchase and sale agreement, regarding its remaining […]
Petrobras On Cumulative Vote Process For AGM
(Petrobras, 17.Jul.2020) — Petrobras, in compliance with article 30, item XXXIV of CVM Instruction 480/09, informs that it received from shareholders who jointly hold more […]
Petrobras Informs On Vantage Arbitration Case
(Petrobras, 17.Jul.2020) — Petrobras, following up on the releases disclosed on 17 May 2019 and 21 June 2019, informs that, yesterday, the United States Court […]
Petrobras On OGCI’s Carbon Reduction Target
(Petrobras, 16.Jul.2020) — Petrobras informs that the Oil and Gas Climate Initiative (OGCI), an organization which Petrobras is a member, established a new collective target […]
Ibitu Energia Plans $830mn In Renewable Investments
(Reuters, 15.Jul.2020) — Brazil’s Ibitu Energia, owned by U.S.-based asset manager Castlelake LP, plans to invest roughly 4.5 billion reais ($839.43 million) in renewable energy […]
Petrobras Divests Ponta Do Mel And Redonda Fields
(Petrobras, 15.Jul.2020) — Petrobras, following up on the release disclosed on 30 September 2019, informs that it has finalized today the sale of its entire […]
Petrobras On Production Record In BĂşzios
(Petrobras, 14.Jul.2020) — Petrobras reports that the platforms installed in the BĂşzios field (P-74, P-75, P-76 and P-77), in the Santos Basin pre-salt, reached new […]
Petrobras Concludes Renewable Diesel Tests
(Petrobras, 14.Jul.2020) — Petrobras informs that, on July 11th, it successfully concluded tests on an industrial scale for the production of renewable diesel. The tests […]
Petrobras Reduces Cost Of Post-salt Well Construction
(Petrobras, 14.Jul.2020) — Petrobras informs that in early July, it completed, in half the time, the construction of the 7 GLF 49H ESS offshore well, […]
Petrobras On Asphalt Sale By Reduc
(Petrobras, 13.Jul.2020) — Petrobras reports that its refinery in Duque de Caxias (Reduc), located in Rio de Janeiro, reached the mark of 16,773 tons of […]
Petrobras On Measures In Aviation Gasoline
(Petrobras, 11.Jul.2020) — Petrobras informs that it has decided, preventively, to interrupt supplying a specific imported batch of aviation gasoline after tests carried out at […]
Mubadala Set For Talks With Petrobras For Bahia Refinery
(Reuters, 10.Jul.2020) — Abu Dhabi’s investment fund Mubadala Investment Co will enter into exclusive talks with Petrobras to purchase Brazil’s second-largest refinery, the Brazilian state-owned […]
BW Offshore Mulls Bids For Golfinho Field In Brazil
(Reuters, 10.Jul.2020) — Norway’s BW Offshore Ltd and DBO Energy are among the firms mulling a bid for Petrobras’ Golfinho oilfield cluster, two sources said, […]
Petrobras BiocombustĂvel To Divest Stake In BambuĂ
(Petrobras, 10.Jul.2020) — Petrobras, following up on the release disclosed on 07/03/2020, informs that its wholly-owned subsidiary Petrobras BiocombustĂvel S.A. (PBIO) signed an agreement for […]
Petrobras Starts Gaspetro’s Binding Phase
(Petrobras, 10.Jul.2020) — Petrobras, following up on the press release disclosed on 15 May 2020, announces the beginning of the binding phase regarding the sale […]
Petrobras On RLAM Refinery Divestment
(Petrobras, 9.Jul.2020) — Petrobras, regarding to the news published in the media, referring to the divestment of the Landulpho Alves Refinery (RLAM), clarifies that there […]
Petrobras Inks Deal For Shallow Water Field Sales
(Petrobras, 9.Jul.2020) — Petrobras signed with OP Pescada Ă“leo e Gás Ltda., a wholly-owned subsidiary of Ouro Preto Ă“leo e Gás S.A., an agreement for […]
Petrobras Reports Record Bunker 2020 Output
(Petrobras, 8.Jul.2020) — Petrobras informs that the PaulĂnia Refinery (Replan), located in the state of SĂŁo Paulo, broke the monthly production record for Bunker 2020, […]
Petrobras To Open Tender For Brazil’s Biggest Platform
(Reuters, 8.Jul.2020) — Petrobras is preparing to launch a tender to build Brazil’s largest-ever oil platform, according to two people with knowledge of the matter, […]
Petrobras Decommissions P-12 Platform
(Petrobras, 7.Jul.2020) — Petrobras informs that, after approval by the National Agency for Petroleum, Natural Gas and Biofuels (ANP), the Brazilian Institute for the Environment […]
Cosan Claims Reorganization May Entail Capitalization
(Reuters, 7.Jul.2020) — Brazilian energy company Cosan SA said its planned reorganization may involve the capitalization of all operating units controlled and co-controlled by the […]
Petrobras Eyes Braskem Deal With Odebrecht
(Reuters, 6.Jul.2020) — Brazilian state-led oil company Petrobras expects within six months to reach an understanding with engineering group Odebrecht on a new shareholder agreement […]
Petrobras Eyes LNG Units For Pre-salt Gas
(Reuters, 3.Jul.2020) — Brazilian state-controlled oil company Petrobras is considering installing offshore units to liquefy the growing natural gas production from the so-called pre-salt area, […]
Petrobras Begins NTS Binding Phase
(Petrobras, 3.Jul.2020) — Petrobras, following up on the press release disclosed on 15 May 2020, announces the beginning of the binding phase regarding the sale […]
Petrobras’ Teaser For Sale Of Petrobras BiocombustĂvel
(Petrobras, 3.Jul.2020) — Petrobras started the opportunity disclosure stage (teaser), regarding the sale of its wholly-owned subsidiary Petrobras BiocombustĂvel S.A. (PBIO). This transaction consists of […]
Lawmakers Seek To Block Sale Of Petrobras’ Refineries
(Reuters, 2.Jul.2020) — Brazilian lawmakers are seeking a Supreme court injuction to prevent state-run oil company Petrobras from selling its refineries Landulpho Alves and Repar, […]
Golar Power Enters Alliance With Galileo
(Galileo Technologies, 2.Jul.2020) — The Agreement was signed yesterday in Sao Paulo and will leverage Golar Power’s natural gas distribution Project, without pipelines, in the […]
Petrobras Supports TCFD
(Petrobras, 1.Jul.2020) — Petrobras is supporting the Task Force for Climate-related Financial Disclosures (TCFD), an initiative by the Financial Stability Board of the G20 group, […]
Petrobras To Cut Over 20% Of Workforce
(Reuters, 1.Jul.2020) — Some 10,000 employees of Brazil’s Petrobras, or 22% of its workforce, have accepted voluntary buyouts, Chief Executive Roberto Castello Branco said on […]
Essar Bid For Petrobras’ Bahia Refinery
(Reuters, 30.Jun.2020) — Indian conglomerate Essar Group made a binding offer to Brazil’s Petroleo Brasileiro SA to buy the country’s second largest oil refinery, two […]
Atlas And Dow Ink Solar Energy PPA In Brazil
(Atlas, 30.Jun.2020) — Atlas Renewable Energy, a leading renewable energy company in Latin America along with the American material science multinational company Dow announced the […]
Brazil’s IBP Sees COVID-19 Impact Until The End Of 2021
(Reuters, 30.Jun.2020) — Brazil’s oil industry expects a recovery in domestic demand in the next months driven by growing China imports, but the negative effects […]
Brazil’s Refinery Utilization Rate Stable
(S&P Global Platts, 30.Jun.2020) — Brazil’s refineries returned close to pre-pandemic levels in June, despite several incidents at processing units across Latin America’s biggest country […]
Petrobras Says Buzios Oil Field Achieved New Record
(Reuters, 29.Jun.2020) — Brazil’s Petrobras said that its platforms P-74, P-75, P-76 and P-77 located in the deepwater Buzios oil field, the largest in the […]
Petrobras Implements PDV At Transpetro
(Petrobras, 29.Jun.2020) — Petrobras said the Board of Directors of its wholly-owned subsidiary Petrobras Transporte S.A. (Transpetro), approved the creation of a Voluntary Severance Program […]
Petrobras Releases Teaser For Sergipe-Alagoas Basin
(Petrobras, 29.Jun.2020) — Petrobras started the opportunity disclosure stage (teaser), referring to the sale of its entire stake in the Tartaruga field, located in shallow […]
Petrobras Reports BĂşzios Production Record
(Petrobras, 29.Jun.2020) — Petrobras reports that the platforms (P74, P-75, P-76 and P-77) installed in the BĂşzios field, in the Santos Basin pre-salt, reached new […]
Petrobras Receives R$265mn Of Leniency Agreement
(Petrobras, 26.Jun.2020) — Petrobras announces that, following up to the release disclosed on 25 July 2019, it has received R$265mn related to the second installment […]
Petrobras On The New Code Of Ethical Conduct
(Petrobras, 26.Jun.2020) — Petrobras said its Board of Directors has approved the company’s new Code of Ethical Conduct. The document, which unites the Code of […]
Total Reports Ramp-Up On Iara With Second FPSO
(Total, 25.Jun.2020) — Total and its partners announce the start-up of the Floating Production Storage and Offloading (FPSO) P-70 of the Iara cluster (Block BM-S-11A), […]