HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — Petrobras received R$1.025bn in a contingent payment (earnout) related to the oil barrel price for the 2024 fiscal year from Petro Rio Jaguar PetrĂłleo S.A. (PRIO), a subsidiary of PRIO S.A. The payment is in accordance with terms of the agreement […]
Tag: Petro Rio
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 line at the floating production storage and offloading (FPSO) vessel on location. The shutdown is expected to last 5-7 days, […]