(Petrobras, 16.Aug.2019) — Petrobras reports that it is one of the winning companies of the 2019 Transparency Trophy. The company was among the 10 best […]
Category: Brazil
Brazil energy
PetroRio Records Net Revenue Of R$547.9mn
(PetroRio, 15.Aug.2019) — PetroRio, the largest independent oil and gas company in the country, closed the second quarter of 2019 with records in operational and […]
Fact Box: PetroRio’s Frade And Polvo Fields
(PetroRio, 15.Aug.2019) — Details of PetroRio’s Frade and Polvo Fields in Brazil. Frade Field The Frade Field is located in deepwaters of Campos Basin, about […]
Petrobras Updates On CDB Debt Pre-Payment
(Petrobras, 14.Aug.2019) — Petrobras reports that today it fully prepaid a financing contract with China Development Bank (CBD) due in 2024, totaling US$ 3 billion. […]
Petrobras Clarifies About Fertilizer Divestments
(Petrobras, 14.Aug.2019) — Petrobras clarifies, in relation to news disclosed by the media, that the values related to the sale of the Nitrogen Fertilizer Unit […]
Petrobras Promotes Advances In Governance
(Petrobras, 14.Aug.2019) — Petrobras informs that it continuously improves its governance system, in compliance with the best market practices, with the objective of strengthening internal […]
Petrobras Confirms CAPEX For 2019-2023 Set At $84.1bn
(Petrobras, 14.Aug.2019) — Petrobras reports it has received the Official Letter No. 713/2019-SLS, which requests the following clarification: Official Letter nÂş 713/2019-SLS “Dear Gentlemen, In […]
Petrobras Says 20+ Groups Interested In Refineries
(Reuters, 13.Aug.2019) — More than 20 potential bidders are interested in the refineries that Brazil’s state-controlled oil company Petroleo Brasileiro SA plans to sell, the […]
Petrobras Signs COMPERJ Licensing Agreement
(Petrobras, 9.Aug.2019) — Petrobras informs signed a Conduct Adjustment Agreement in the amount of R$ 814.5 million with the State of Rio de Janeiro, the […]
Petrobras Inks Deal For Sale Of Potiguar Basin Fields
(Petrobras, 9.Aug.2019) — Petrobras reports that today it signed with SPE 3R Petroleum S.A., a wholly owned subsidiary of 3R Petroleum e Participações S.A., a […]
Petrobras Delists Shares From Argentine Exchange
(Petrobras, 9.Aug.2019) — Petrobras announces that its General Shareholders’ Meeting approved today the delisting of its common and preferred shares from Bolsas y Mercados Argentinos […]
Petrobras Inks Deal To Divest Interest In Belem Bioenergia Brasil
(Petrobras, 8.Aug.2019) — Petrobras reports that its subsidiary Petrobras BiocombustĂveis S.A. (PBIO) signed today a contract to sell its 50% stake in Belem Bioenergia Brasil […]
Brazil Market Reform Unlocks Investments
(WoodMac, 6.Aug.2019) — Brazil’s natural gas market reforms have taken a major step forward, with plans in place which are set to open up opportunities […]
Pre-salt E&P May See Spending Boost
(WoodMac, 6.Aug.2019) — Brazil’s natural gas market reforms have taken a major step forward, with plans in place which are set to open up opportunities […]
Petrobras Starts Phase To Sale EspĂrito Santo Assets
(Petrobras, 5.Aug.2019) — Petrobras, following up on the release dated 07/05/2019, informs the beginning of the binding phase related to the sale of all its […]
Brazil To Reduce Natgas Imports From Bolivia
(Merco Press, 5.Aug.2019) — The Brazilian oil company Petrobras has announced that in the coming months it will reduce its imports of Bolivian natural gas, […]
Petrobras Approves Revision Of LPG Pricing Policy
(Petrobras, 5.Aug.2019) — Petrobras reports that its Executive Board has approved revision of its LPG pricing policy for residential use, sold for bottling in cylinders […]
Brazil Sees Oil Output Shrink Over Three Months
(The Rio Times, Richard Mann, 3.Aug.2019) — Oil production in the country dropped 6.4 percent from May to June after rising in the first months […]
Petrobras Gets R$1.275bn Advance From Eletrobras
(Petrobras, 2.Aug.2019) — Petrobras informs that today Centrais ElĂ©tricas Brasileiras S.A. – Eletrobras settled in advance R$ 1.275 billion of the outstanding balance of the […]
Petrobras Reports Production Boost
(Reuters, Gram Slattery and Marta Nogueira, 2.Aug.2019) — Brazilian state-run oil company Petroleo Brasileiro SA, or Petrobras, posted a long-awaited production boost in July after […]
Petrobras Approves Pmt Of Shareholder Remuneration
(Petrobras, 1.Aug.2019) — Petrobras informs that its Board of Directors, at a meeting held today, approved the distribution of anticipated remuneration to shareholders as interest […]
Petrobras Closes BR’s Public Offering For $9.6 Billion
(Petrobras, 29.Jul.2019) — Petrobras announces the closing, on this date, of the secondary public offering of 393,187,500 common shares issued by Petrobras Distribuidora S.A (“BR”) […]
Odebrecht Inks Post-‘Car Wash’ Deal With Petrobras
(Reuters, Marta Nogueira and Gram Slattery, 29.Jul.2019) — Brazil’s Petrobras has signed a two-year contract to lease a drilling rig from Ocyan, formerly known as […]
Petrobras Reports 3.8% Rise In 2Q:19 Oil, Gas Output
(Reuters, 26.Jul.2019) — Brazil’s state oil firm Petroleo Brasileiro SA said on Friday total second-quarter oil and gas production was 2.633 million barrels per day […]
Petrobras Reports Modest Output Growth
(Reuters, Ana Mano and Gram Slattery, 26.Jul.2019) — Brazilian state-run oil firm Petroleo Brasileiro SA posted a modest production boost in the second quarter, but […]
Petrobras Expects Final Offers For Liquigás By Aug. 7
(Reuters, Gabriel Araujo, 25.Jul.2019) — Brazil’s state-run oil company PetrĂłleo Brasileiro SA expects to privatize natural gas distribution unit Liquigás next month as part of […]
Petrobras Receives Over $100mn Via Recovered Assets
(Reuters, 25.Jul.2019) — Brazilian state-run Petrobras this week received 425 million reais ($112 million) as a result of leniency deals and recovered assets from parties […]
Karoon Eyes Output Boost After Grabbing Field
(Reuters, Marta Nogueira, 25.Jul.2019) — Karoon Energy Ltd aims to boost production by more than 60% at an oilfield it is purchasing from Petroleo Brasileiro […]
Petrobras CEO Says Liquigás To Be Privatized in August
(Reuters, 25.Jul.2019) — Roberto Castello Branco, chief executive of state oil company PetrĂłleo Brasileiro SA, said during an event on Thursday that Liquigás is the […]
Petrobras Reports On BR Shares Purchase Option
(Petrobras, 25.Jul.2019) — Petrobras, pursuant to article 24 of CVM Instruction 400 of December 29, 2003, as amended, reports that today the over allotment option […]
Petrobras Starts Phase For Sale Of Bahia Fields
(Petrobras, 25.Jul.2019) — Petrobras, following up on the release dated 07/08/2019, announces the beginning of the non-binding phase related to the sale of all its […]
Petrobras Receives R$425mn For Leniency Agreements
(Petrobras, 25.Jul.2019) — Petrobras received this week R$425 million as a result of leniency agreements and repatriations carried out by the Federal Prosecutor’s Office. Thus, […]
Core Laboratories Sets Earnings Call Schedule
(Core Laboratories, 24.Jul.2019) — Core Laboratories N.V. scheduled a conference call to discuss Core’s second quarter 2019 earnings announcement. The call will begin at 7:30 […]
Petrobras Signs $1.5bn Deals To Sale Shallow Water Assets
(Petrobras, 24.Jul.2019) — Petrobras announces that today it signed two contracts for the sale of upstream assets in shallow waters in Campos and Santos Basins, […]
Petrobras Informs CARF’s Decision Related To CIDE
(Petrobras, 24.Jul.2019) — Petrobras said the Administrative Board of Tax Appeals (CARF) issued today an unfavorable decision on an administrative tax proceeding which deals with […]
Petrobras Signs Shallow Water Deals For $1.5bn
(Petrobras, 24.Jul.2019) — Petrobras signed two contracts for the sale of upstream assets in shallow waters in Campos and Santos Basins, in the total amount […]
Core Lab Reports 2Q:19 Results
(Core Laboratories, 24.Jul.2019) — Core Laboratories N.V. reported that continuing operations resulted in second quarter 2019 revenue of $169,000,000. Second quarter 2019 revenue was impacted […]
Big Splash for Deep Blue in Brazil
(TechnipFMC, 23.Jul.2019) — The Deep Blue is making a big splash in Brazil. TechnipFMC’s flagship deepwater pipelay and construction vessel is embarking on a major […]
Petrobras Informs CARF’s Charter Contracts Decision
(Petrobras, 23.Jul.2019) — Petrobras reports that the Administrative Board of Tax Appeals (CARF) issued today an unfavorable decision on an administrative tax proceeding in the […]
Petrobras Approves Debentures Public Offering
(Petrobras, 23.Jul.2019) — Petrobras, in compliance with the provisions of Instruction no. 358 of January 3, 2002, issued by the Securities and Exchange Commission of […]
Petrobras Prices Offering Of Petrobras Distribuidora (BR)
(Petrobras, 23.Jul.2019) — Petrobras announced today the pricing of the secondary public offering of shares of Petrobras Distribuidora S.A. Petrobras’s Board of Directors approved today […]
BP And Bunge To Create Bioenergy Company
(Bunge, 22.Jul.2019) — Bunge Limited announced an agreement with BP plc to form a 50:50 joint venture that will create a leading bioenergy company (the […]
Constellation Reports New Contract Awards In Brazil
(Constellation, 22.Jul.2019) — Constellation Oil Services Holding S.A. announced three of the Company’s ultra-deepwater (UDW) rigs, Alpha Star, Gold Star, and Lone Star, have been […]
Fallout From Sweet Oil Deal For Venezuela’s Neighbors
(NPR, 20.Jul.2019) — It sounded like such a good idea at the time. The year was 2005. Global oil prices were climbing dramatically. Countries in […]
Petrobras Reports On Bidding To Acquire Pampo And Enchova Poles
(Petrobras, 19.Jul.2019) — Petrobras informs that in the scope of the bidding process for total disinvestment of Petrobras’ interests in Pampo and Enchova Poles in […]
Petrobras Clarifies Fuel Supply For Iranian Vessels
(Petrobras, 19.Jul.2019) — Petrobras clarifies media reports related to the supply of fuel to two Iranian vessels. Petrobras did not provide fuel to the exporting […]
Brazil Approves Transfer Of Saturno Stake To Ecopetrol
(Ecopetrol, 18.Jul.2019) — Ecopetrol S.A. said the Ministry of Mines and Energy of Brazil has authorized the transfer of a 10% stake in the Saturno […]
Petrobras Sets Release Dates For 2Q:19 Results
(Petrobras, 16.Jul.2019) — Petrobras, focusing on providing greater transparency in its information, reports that as from this quarter, it will disclose the production and sales […]
Petrobras Announces Early Tender Results
(Petrobras, 16.Jul.2019) — Petrobras announced the early results of its previously announced debt tender offers (the “Waterfall Offers”). As of 5:00 p.m., New York City […]
Petrobras Starts Non-Binding Phase Asset Sales In Brazil
(Petrobras, 15.Jul.2019) — Petrobras, following up on the release dated 06/28/2019, announces the beginning of the non-binding phase related to the first phase of the […]