Tag: Petrobras

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 13.Mar.2025) — Rio de Janiero-based Petrobras will pay on 20 Mar. 2025 the second installment of shareholder remuneration relating to the balance sheet of 30 Sep. 2024, based on the shareholder position of 23 Dec. 2024.  This second installment will be paid in […]

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 12.Mar.2025) — In the past 5 years, Petrobras said it has paid over R$1.1tn in taxes and Government Take (Gov. Take) in Brazil, an amount that was distributed among the federal government, states, the federal district and municipalities. Petrobras released its Tax […]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 26.Feb.2025) — The Board of Directors of Petrobras authorized the submission to the Annual General Meeting (AGM), scheduled for 16 Apr. 2025, of the proposal for the distribution of dividends equivalent to R$9.1bn.  If approved by the AGM, considering the amounts advanced by […]

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 20.Feb.2025) — Rio de Janeiro-based Petrobras will make payment of the first installment of shareholder remuneration relating to the balance sheet of 30 Sep. 2024. The gross amount to be distributed corresponds to R$0.67545217 per common and preferred share, paid totally in the […]

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 17.Feb.2025) — Petrobras signed 2 Protocols of Intent to carry out studies on the reuse of oil and gas production platforms in the demobilization stage.  The initiative foresees demobilization of 10 platforms by 2029 and includes studies to evaluate possibilities for reusing […]

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 13.Feb.2025) — Petrobras will pay on 20 Feb. 2025 the first installment of shareholder remuneration relating to the balance sheet of 30 Sep. 2024, based on the shareholder position of 23 Dec. 2024. This first installment will be paid in the form […]

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 6.Feb.2025) — Petrobras is allocating R$50mn to establish an Impact Fund for Bioeconomy and Nature-Based Solutions Socio-Environmental Projects (dubbed the Petrobras Bioeconomy Fund), with Régia Capital, a management firm focused on sustainable investments and financial solutions, that is contributing an additional R$50mn. […]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 3.Feb.2025) — Petrobras received contingent payment installments (earnout) this week for R$2.161bn from the partners of the Sépia and Atapu blocks and R$516mn from Karoon Petróleo & Gás Ltda., a subsidiary of Karoon Energy Ltd., referring to the sale of the Baúna field. […]

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 29.Jan.2025) — The Board of Directors of Petrobras canceled all 155,468,500 preferred shares issued by the company held in treasury, without reducing the share capital, which were acquired under its last share buyback program. Another 72,909 preferred shares and 222,760 common shares, […]

HOUSTON, TEXAS (Editors  at Energy Analytics Institute, 29.Jan.2025) — Brazilian state-owned Petrobras will release its 4Q:24 Production and Sales Report on 3 Feb. 2025, and its 4Q24 Financial Performance Report on 26 Feb. 2025, both after the markets close. On 27 Feb. 2025, a webcast will be held to present […]

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 23.Jan.2025) — Petrobras commenced the binding phase for the total transfer of its 25% minority interest in the exploration, development, and production of oil and natural gas in the Tartaruga Field, operated by SPE Tiêta (Petrorecôncavo). Qualified potential buyers for this phase will […]

(Aaron Simonsky, Energy Analytics Institute, 9.Jan.2025) — A final favorable arbitration award has been handed down in 1 of the arbitrations taking place before B3‘s Market Arbitration Chamber (CAM).  This arbitration was initiated by several foreign investors who acquired Petrobras shares traded on B3, alleging financial losses caused by informational […]

(Aaron Simonsky, Energy Analytics Institute, 16.Dec.2024) — Rio de Janeiro-based Petrobras will return to the Dow Jones Sustainability Index World (DJSI World) of S&P Global’s Corporate Sustainability Assessment as of Feb. 2025.  Petrobras’ return to the index is recognition of the Brazilian company’s efforts and initiatives in the environmental, social […]

(Petrobras, 21.Nov.2024) — Petrobras‘ Board of Directors approved, at a meeting held today, the Strategic Plan 2050 (SP 2050) and the Business Plan 2025-2029 (BP 2025-29). During the development of the Plans, the Board of Directors took part in discussions with the technical areas and the Executive Board, leading to […]

(Energy Analytics Institute, 18.Nov.2024) — Petrobras will hold a webcast on 22 Nov. 2024 in the presence of the company’s Executive Board of Directors (BODs) to detail its Strategic Plan 2050 and Business Plan 2025-2029, which will be submitted for approval by the same BODs. The event will be presented […]

(Energy Analytics Institute, 18.Nov.2024) — Rio de Janeiro-based state oil giant Petrobras reiterated that the proposal for its 2025-2029 Business Plan was deliberated by its Executive Board on 14 Nov. 2024. However, the plan will still be considered by the Board of Directors (BODs) at a meeting scheduled for 21 […]

(Energy Analytics Institute, 11.Nov.2024) — Petróleo Brasileiro S.A. (Petrobras) said the Natural Gas Processing Unit (UPGN), located at the Boaventura Energy Complex (Itaboraí, RJ) commenced commercial operation.  The UPGN is currently operating with its first module, which has the capacity to process 10.5 million m³/day (MMcm/d) of gas, Petrobras revealed 11 […]

(Petrobras, 11.Nov.2024) — Since 10 Nov. 2024, the Natural Gas Processing Unit (NGPU), situated at the Boaventura Energy Complex (Itaboraí, RJ), has been commercially operating its first module, which is capable of processing 10.5 million m³/day. Once the second module becomes operational, probably by the end of the year, the […]

(Petrobras, 7.Nov.2024) — Petrobras Chief Financial and Investor Relations Officer Fernando Melgarejo commented on the Brazilian company’s financial performance in the third-quarter 2024. “In this third quarter of 2024, we achieved consistent financial results amid a context of declining Brent prices, which we were able to offset with higher sales […]

(Energy Analytics Institute, 5.Nov.2024) — Petrobras has rescheduled for 2 p.m. the webcast to be held on 8 Nov. 2024 to present the company’s third-quarter 2024 results.  The event will be presented in Portuguese and will have simultaneous translation into English. The release of the 3Q:24 Financial Performance Report is […]

(Energy Analytics Institute, 1.Nov.2024) — Rio de Janeiro-based Petrobras, responding to news published in the Brazilian media about the payment of extraordinary dividends and about its Strategic Plan, said the news wrongly attributed to Petrobras’ Chief Financial and Investor Relations Officer, Fernando Melgarejo, are not true.  “There has been no […]