Equinor Sees 1H:21 Peregrino Restart
(Reuters, 12.Apr.2021) — Equinor’s Peregrino oilfield off the coast of Brazil is on track to restart in the first half of this year following several delays, a spokesman said on...
Petrobras Shareholders Pave Way For New CEO
(Reuters, 12.Apr.2021) — Shareholders in Brazil’s Petrobras voted on Monday to remove Roberto Castello Branco as CEO, and elected his government-picked successor to the board of directors, but discontent among...
At Petrobras, A ‘Spartan’ Military Man Takes The Reins
(Reuters, 12.Apr.2021) — For many investors, the appointment of former army general Joaquim Silva e Luna as the new chief executive of Brazil's state-run oil company Petrobras was unexpected -...
Petrobras Pushes Back Mero-1 Start-Up
(Petrobras, 7.Apr.2021) — Petrobras informs that the production expected to start from Mero 1, through FPSO Guanabara, was postponed from the 4th quarter of 2021 to the 1st quarter of...
Petrobras Boosts Investments In Northern Brazil
(Petrobras, 6.Apr.2021) — Petrobras announces that it signed agreements with BP Energy do Brasil Ltda (BP) to take over BP's entire stakes in six blocks, located in ultra-deep water in...
Petrobras To Boost Natural Gas Price For Distributors
(Petrobras, 5.Apr.2021) — Petrobras informs that as of 1 May 2021, the natural gas sale prices for distributors will increase, by 39% in R$/m3, in relation to the last quarter....
Petrobras Adopts Cautious Fuel Price Approach
(Petrobras, 2.Apr.2021) — Petrobras, regarding the pieces of news published in the media, clarifies that it chose to adopt a more cautious approach in January 2021 and accelerated the fuel...
Petrobras Reports Rise In S-10 Diesel Sales
(Petrobras, 1.Apr.2021) — Petrobras informs that in March it recorded total diesel sales in the amount of 791 thousand bpd, representing growths of 35% and 17% when compared to sales...
Petrobras Completes Health Plan Transition
(Petrobras, 1.Apr.2021) — Petrobras, following up on the release disclosed on 29 April 2020, informs that the transition of Petrobras health plan operation was completed. As of April, the Petrobras...
Jair Bolsonaro Sparks Political Crisis
(Reuters, 30.Mar.2021) — Brazil will replace the three heads of its armed forces, the Defense Ministry said on Tuesday, as Latin America’s biggest nation, already roiled by the pandemic, faced...
Petrobras Dismisses HR Executive
(Petrobras, 29.Mar.2021) — Petrobras, regarding the pieces of news in the media, clarifies that today the Executive Manager of Human Resources was dismissed from the company for having failed to...
LatAm Briefs: Petrobras Form 20-F, Ecopetrol Eyes Net Zero
(Energy Analytics Institute, 25.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: Brazil’s Petrobras filing its Form 20-F for 2020 and Colombia’s Ecopetrol announcing its commitment and...
Petrobras On Arbitration Decision
(Petrobras, 25.Mar.2021) — Petrobras, following up on the releases disclosed to the market on 22 June 2020 and 11 November 2020, announces that it received, on this date, a decision...
Key Petrobras Executives Set To Depart
(Petrobras, 24.Mar.2021) — Petrobras informs that Andrea Almeida, Chief Financial and Investor Relations Officer, Carlos Alberto Pereira de Oliveira, Chief Exploration and Production Officer, André Chiarini, Chief Trading and Logistics...
Petrobras Begins Bahia Terra Cluster Binding Phase
(Petrobras, 19.Mar.2021) — Petrobras, following up on the release disclosed on 23 December 2020, informs the beginning of the binding phase, referring to the sale of all of its stakes...
Petrobras On BOD Nominees
(Petrobras, 18.Mar.2021) — Petrobras, pursuant to CIRCULAR LETTER/CVM/SEP/No.01/2021, reports that it has received the nomination of candidate Pedro Rodrigues Galvão de Medeiros for the Board of Directors, in case multiple...
Petrobras On Fiscal Council Nomination
(Petrobras, 18.Mar.2021) — Petrobras, pursuant to CIRCULAR LETTER/CVM/SEP/No.01/2021, reports it has received from holders of common shares the nomination of candidates for the Fiscal Council, whose election will take place...
Petrobras On Questionings Energy Ministry
(Petrobras, 18.Mar.2021) — Petrobras clarifies that it inquired its controlling shareholder, through the Ministry of Mines and Energy (MME), to which the company is linked under Law 9. 478/1997, about...
Petrobras Informs Of Committee Meeting
(Petrobras, 15.Mar.2021) — Petrobras, in relation to the pieces of news published in the media, informs that its People Committee will hold a meeting tomorrow and, until this moment, among...
Petrobras Says Board, CEO To Fulfill Terms
(Petrobras, 12.Mar.2021) — Petróleo Brasileiro S.A. or Petrobras, regarding the piece of news in the media, clarifies that the members of the Executive Board and the CEO are committed to...
Petrobras On Board Member Pietro Antonelli’s Decision
(Petrobras, 3.Mar.2021) — Petrobras, regarding the piece of news published in the media, clarifies that the Board Member Leonardo Pietro Antonelli informed the company that he does not intend to...
Petrobras On Board Member Decisions
(Petrobras, 2.Mar.2021) — Petrobras following up on the releases disclosed on 19 and 23 February 2021 announces it was informed by the Board Members João Cox Neto, Nivio Ziviani, Paulo...
Petrobras Inks Contract To Divest Mangue Seco 2
(Petrobras, 26.Feb.2021) — Petrobras, following up on the release disclosed on 05/04/2020, informs that it signed today with Fundo de Investimento em Participações Multiestratégia Pirineus (FIP Pirineus), a contract for...
SBM Offshore Awarded LOI For Almirante Tamandaré
(SBM Offshore, 25.Feb.2021) — SBM Offshore signed a Letter of Intent (LOI) together with Petróleo Brasileiro S.A. (Petrobras) for a 26.25 years lease and operate contract for the FPSO Almirante...
Petrobras Inks LOI 6th FPSO For Búzios Field
(Petrobras, 24.Feb.2021) — Petrobras today signed a letter of intent with SBM Offshore for the chartering and provision of services for the FPSO - floating production storage and offloading unit...
Petrobras Inks Deal For Sale Of Miranga Cluster
(Petrobras, 24.Feb.2021) — Petrobras, following up on the release disclosed on 04/03/2018, signed today with SPE Miranga S.A., a wholly owned subsidiary of PetroRecôncavo S.A., a contract for the sale...
![Petrobras Tax Report 2020 [PDF Download]](https://secureservercdn.net/166.62.110.232/azj.dc0.myftpupload.com/wp-content/uploads/2021/02/header-2021-02-27-D974_Relatorio-Fiscal-2020_-versao-ingles.png?time=1618666498)
Petrobras Tax Report 2020 [PDF Download]
(Petrobras, 24.Feb.2021) — Petrobras CEO Roberto Castello Branco provides comments from senior management on 2020 in the company’s year-end tax report. comunicado-ao-mercado-tax-report-2020_petrobras-1Petrobras Tax Report 2020 Petrobras and society witnessed an...
Petrobras BOD Approves CDMPI Incorporation
(Petrobras, 24.Feb.2021) — Petrobras informs that its Board of Directors, in a meeting held today, approved the proposed incorporation of Companhia de Desenvolvimento e Modernização de Plantas Industriais (CDMPI). The...
Petrobras Comments On News Published In Media
(Petrobras, 24.Feb.2021) — Petrobras, in clarification to a piece of news published in the media, informs that the Board of Directors requested the Chief Financial and Investor Relations Officer, Andrea...
Petrobras Charters 6th Module Of Búzios
(Petrobras, 24.Feb.2021) — Petrobras today signed a letter of intent with SBM Offshore for the chartering and provision of services for the FPSO - floating production storage and offloading unit...
Petrobras’ BOD Approves R$10.3bn Dividend Payment
(Petrobras, 24.Feb.2021) — Petrobras, informs that its Board of Directors, at a meeting held today, approved dividends to shareholders based on the 2020 annual results in the amount of R$10.3bn,...
Moody’s On Govt Intervention At Petrobras
(Reuters, 24.Feb.2021) — Brazilian President Jair Bolsonaro's decision to replace the head of state-run oil giant Petrobras threatens the government's privatization program and potentially the economy's medium-term growth prospects, ratings...
Petrobras’ Political Risk Raises Uncertainties
(Fitch, 23.Feb.2021) — The request to replace Petroleo Brasileiro S.A.'s (Petrobras, IDR BB-/Negative) CEO made by the Brazil's Ministry of Mines and Energy is viewed by Fitch Ratings as raising...
Petrobras In Turmoil As Investors Digest Shake-up
(Argus, 22.Feb.2021) — The share price of Brazil's Petrobras nosedived today after President Jair Bolsonaro moved to overhaul the state-controlled company's management, heralding a return to state intervention and threatening...
Politics To Forefront With Petrobras CEO’s Removal
(Fitch, 22.Feb.2021) — On 19 Feb. 2021 Brazil's Ministry of Mines and Energy requested that Petroleo Brasileiro S.A.'s (Petrobras) board of directors replace the company's CEO. Fitch Ratings views this...
ANP: Petrobras Shakeup Will Not Change Refinery Policy
(Reuters, 22.Feb.2021) — Brazil’s oil sector regulator ANP does not see President Jair Bolsonaro’s appointment of a new Petrobras CEO altering the country’s policy of opening up the domestic refinery...
Petrobras On Samsung Leniency Deal
(Petrobras, 19.Feb.2021) — Petrobras has received R$360mn ($65mn) last week related to the leniency agreement executed by Samsung Heavy Industries. This cash arises from the first installment of the Samsung...
Petrobras Starts Binding Phase Of Carmópolis Cluster
(Petrobras, 19.Feb.2021) — Petrobras, following up on the release disclosed on 19 November 2020, informs the beginning of the binding phase regarding the sale of all of its stakes in...
Bolsonaro Says More Changes Underway
(Blooomberg, 19.Feb.2021) — Brazilian President Jair Bolsonaro said that more changes are underway after naming a former general to replace the University of Chicago-educated economist running state-controlled Petroleo Brasileiro SA....
Petrobras CEO Fights Pressure To Resign
(Reuters, 19.Feb.2021) — The chief executive of Brazil’s state-led oil company Petrobras is trying to fight off President Jair Bolsonaro’s bid to oust him over his insistence on raising gasoline...
Petrobras CEO Castello Branco Out, Luna In
(Energy Analytics Institute, 19.Feb.2021) — A shake up at Petrobras will see CEO Roberto Castello Branco being replaced by Joaquim Silva e Luna, according to Brazil’s mining and energy ministry....
Petrobras On Letter From Mines And Energy Ministry
(Petrobras, 19.Feb.2021) — Petrobras informs that it received a letter from the Ministry of Mines and Energy, requesting measures to convene an Extraordinary General Meeting in order to promote the...
Petrobras On Rating Maintenance By Fitch
(Petrobras, 16.Feb.2021) — Petrobras announces rating agency Fitch affirmed the ”BB-“ issuer default ratings for Petrobras, with a negative outlook, reflecting the agency’s opinion on the sovereign’s ratings. Petrobras stand-alone...
Petrobras To Host 4Q:20 Results Webcast
(Petrobras, 10.Feb.2021) — Petrobras informs that on 25 February 2021 two webcasts will be held, the first in Portuguese and the second in English, to present the company's results for...
Petrobras Concludes BSBios Divestment
(Petrobras, 9.Feb.2021) — Petrobras following up on the release disclosed on 23 December 2020, informs that its wholly-owned subsidiary Petrobras Biocombustível S.A. (PBio) completed today the sale of all its...
Petrobras On RLAM And REPAR Divestments
(Petrobras, 8.Feb.2021) — Petrobras concluded the final round of the binding phase of the sale process of the Landulpho Alves Refinery (RLAM) and its associated logistics assets, in Bahia, in...
Petrobras Says Alignment To Int’l Prices Unchanged
(Petrobras, 7.Feb.2021) — Petrobras is clarifying a piece of news published on Friday afternoon, 5 February 2021, based on distorted statements released by the press. The maintenance of the periodicity...
Petrobras Concludes Frade Field Divestment
(Petrobras, 5.Feb.2021) — Petrobras, following up on the release disclosed on 28 November 2019, informs that it has concluded today the sale of its 30% participation in the Frade field,...
Petrobras Begins Non-binding Phase For TBG, TSB
(Petrobras, 5.Feb.2021) — Petrobras, following up on the release disclosed on 23 December 2020, informs the beginning of the non-binding phase regarding the sale of its 51% stake in Transportadora...
Petrobras Says Fuel Prices Aligned To Import Parity
(Petrobras, 5.Feb.2021) — Petrobras, regarding the news published in the media about fuel prices, clarifies that it practices prices aligned to the import parity. In the first half of 2020,...
Petrobras Finalizes Sale Of Uruguayan Assets
(Petrobras, 5.Feb.2021) — Petrobras, following up on the release disclosed on 2 October 2020, informs that its indirect subsidiary Petrobras Uruguay Sociedad Anónima de Inversión (PUSAI), concluded today the sale...
Bolsonaro To Discuss Diesel Price With Petrobras Head
(Reuters, 4.Feb.2021) — Brazilian President Jair Bolsonaro said he will meet on Friday with his Cabinet and the head of state-run oil company Petrobras to discuss diesel prices, a move...
ANP Notifies Petrobras And BR Of Investigation
(Energy Analytics Institute, 4.Feb.2021) — Brazil’s National Agency of Petroleum, Natural Gas and Biofuels or ANP notified BR Distribuidora on 3 February 2021 and Petrobras on 4 February of an...
Petrobras Receives Proposals For Urucu Cluster
(Petrobras, 1.Feb.2021) — Petrobras, following up on the release disclosed on 7 December 2020, informs it has received binding proposals for the sale of its entire stake in a set...
No Bids By Petrobras For Renting Of LNG Terminal
(Petrobras, 1.Feb.2021) — Petrobras, following up on the release disclosed on 1 October 2020, informs that the bidding process started on 3 August 2020 was ended, with no valid proposals,...
Petrobras Chief Governance Officer Leaving In March
(Petrobras, 1.Feb.2021) — Petrobras informs that the Chief Governance and Compliance Officer, Marcelo Zenkner, has notified his intention to not renew his mandate, which will expire on 20 March 2021,...
Petrobras Inks Deal To Divest Espírito Santo Assets
(Petrobras, 1.Feb.2021) — Petrobras, following up on the release disclosed on 5 August 2019, informs it has signed with the companies OP Energia Ltda. and DBO Energia S.A. a contract...
Petrobras Finds Oil At Campos Basin Urissanê Well
(Petrobras, 29.Jan.2021) — Petrobras informs that has identified the presence of hydrocarbon in the wildcat well of block C-M-411, located in the pre-salt of the Campos Basin, in Rio de...
Petrobras And Ecopetrol Bullish On 2021
(Argus, 28.Jan.2021) — Just as Covid-19 affected each Latin American country differently, so too is the outlook of each country's future crude oil production and exports. Colombia's state-owned Ecopetrol and...
Bolsonaro Urges Truckers Not To Strike
(Reuters, 27.Jan.2021) — Brazilian President Jair Bolsonaro on Wednesday urged truckers not to strike on Feb. 1, suggesting he could lower diesel costs with tax breaks as he seeks to...
Petrobras’s Refining Head Anelise Quintão Lara Leaves
(Petrobras, 26.Jan.2021) — Petrobras informs that its Board of Directors, in a meeting held today, approved the dismissal of Anelise Quintão Lara and elected Rodrigo Costa Lima e Silva as...
Petrobras On Deal With Sete Brasil
(Petrobras, 26.Jan.2021) — Petrobras, following up on the release disclosed on 12 November 2020, informs it has received a notification from the Sete Brasil in which: (a) it indicates that...
Petrobras’ Proved Reserves Fall In 2020 Versus 2019
(Petrobras, 26.Jan.2021) — Petrobras discloses its proved reserves of oil, condensate and natural gas, according to SEC (US Securities and Exchange Commission) regulation, estimated at 8.816 billion barrels of oil...
Petrobras Comments On REFAP Sale
(Petrobras, 21.Jan.2021) — Petrobras, regarding the news published in the media, about Ultrapar Participações S.A.'s proposal to acquire Refinaria Alberto Pasqualini (REFAP), in Rio Grande do Sul, clarifies that the...
Petrobras Comments On Refinery Divestments
(Petrobras, 19.Jan.2021) — Petrobras, regarding the news published in the media on the divestments progress of the refineries, clarifies: (i) the company has received a binding proposal for the sale...
Petrobras On Amendments To Deals With CADE
(Petrobras, 18.Jan.2021) — Petrobras in relation to the news published in the media clarifies that the company did not sign the amendment to the Commitment Agreement (“TCC”) signed with the...
Petrobras Comments On New Pension Plan (PP-3)
(Petrobras, 18.Jan.2021) — Petrobras, following up on the release disclosed on 1 October 2020, informs that the Petros Deliberative Council and the company's Board of Directors have approved a new version...
Petrobras Starts North Capixaba Binding Phase
(Petrobras, 15.Jan.2021) — Petrobras, following up on the press release disclosed on 29 September 2020, informs the beginning of the binding phase regarding the sale of the totality of its...
Petrobras CEO Denies Claims Of ‘Predatory’ Pricing Policy
(Reuters, 13.Jan.2021) — Roberto Castello Branco, chief executive of Brazil's state-run oil company Petroleo Brasileiro SA, has dismissed accusations from private fuel importers that the firm is enforcing a price...
Petrobras’ 4Q:20 Results Call Details
(Energy Analytics Institute, 13.Jan.2021) — Petrobras will report and release its production and sales details for the fourth quarter 2020 on 2 February 2021 followed by its fourth quarter financial...
Petrobras Sets Fresh Annual Production Record In 2020
(S&P Global Platts, 8.Jan.2021) — Brazilian state-led oil company Petrobras set a fresh record for annual output in 2020 on better-than-expected performance at the Buzios Field and improved corrosion-treatment efforts...
Petrobras Inks Deal To Divest Mangue Seco 1
(Petrobras, 7.Jan.2021) — Petrobras, following up on the release disclosed on 4 May 2020, informs that it signed today with V2I Transmissão de Energia Elétrica S.A., with Vinci Infraestrutura Gestora...
Petrobras Inks Deal To Divest Mangue Seco 3 And 4
(Petrobras, 7.Jan.2021) — Petrobras, following up on the release disclosed on 12 June 2020, informs that it signed today with V2I Transmissão de Energia Elétrica S.A., with Vinci Infraestrutura Gestora...
Petrobras Reports Record Production In 2020
(Petrobras, 7.Jan.2021) — Petrobras registered records in its 2020 annual oil production and total annual production (oil and gas) of, respectively, 2.28 million barrels per day (bpd) of oil and...
Petrobras Comments On IESA Oleo e Gas Case
(Petrobras, 4.Jan.2021) — Petrobras informs that an arbitral panel seated in New York, has issued an award in an arbitration initiated by IESA Óleo e Gás S.A. determining the payment...