(Stabroek News, 30.Apr.2019) — Representatives of the majority-state-owned Brazilian oil company, Petrobras yesterday presented a five-year strategic plan for Guyana’s oil and gas industry, which includes technical assistance, export and...
(Petrobras, 30.Apr.2019) — Petrobras reports that it filed today the Reference Form (“Formulário de Referência”) for the financial year 2018 with the Securities and Exchange Commission of Brazil (Comissão de...
(Energy Analytics Institute, Aaron Simonsky, 29.Apr.2019) — Petrobras Uruguay commented on announcements made from Petrobras' headquarters in Rio de Janeiro, Brazil. "Petrobras Uruguay will continue to develop its business and...
(Petrobras, 26.Apr.2019) — Petrobras announced that the Board of Directors, in a meeting held today, approved new guidelines for the management of its asset portfolio. The guidelines are in line...
(Petronas, 26.Apr.2019) — Petronas through its subsidiary, Petronas Petróleo Brasil Ltda. (PPBL) entered into a Sale and Purchase Agreement (SPA) with Petróleo Brasileiro S.A. (Petrobras), Brazil’s petroleum multinational corporation, for...
(Petrobras, 25.Apr.2019) — Petrobras informs that today it executed three sale and purchase agreements to sell assets in the total amount of US$ 10.3 billion (about R$ 40 billion). In...
(Petrobras, 25.Apr.2019) — Petrobras informs, within its ongoing process of assessment of contingencies, that it will provision R$ 1.3 billion as a result of the current stage of litigation involving...
(Petrobras, 25.Apr.2019) — Petrobras informs that it received the Official Letter No. 141/2019/CVM/SEP/GEA-1, which requests the following clarification: Official Letter No 141/2019/CVM/SEP/GEA-1 "Dear Executive Officer, We refer to the Relevant...
(Petrobras, 24.Apr.2019) — Petrobras informs that its Board of Directors, at a meeting held today, elected Ms. Andrea Marques de Almeida as the Company's Chief Financial and Investor Relations Officer....
(Petrobras, 24.Apr.2019) — Petrobras reports that its Board of Directors has approved a new Voluntary Severance Program - PDV. Employees of Petrobras holding who are retired through the INSS (Brazilian...
(Petrobras, 24.Apr.2019) — Petrobras following up on the release dated 04/09/2019, informs that, on 04/18/2019, the Resolution of the National Council of Energy Policy (CNPE) No. 6 was published, setting...
(Petrobras, 24.Apr.2019) — Petrobras informs that its Board of Directors, at a meeting held today, approved the appointment of Ms. Carla Dodsworth Albano Miller to the position of Investor Relations...
(Ft.com, Bryan Harris and Andres Schipani, 24.Apr.2019) — Castello Branco knows Brazil oil group needs to show autonomy to regain investor trust. Roberto Castello Branco, the new chief of Brazilian...
(Petrobras, 22.Apr.2019) — Petrobras informs that as of today, the daily prices of gasoline and diesel in each of its points of sale throughout the national territory are available on...
(Petrobras, 18.Apr.2019) — Petrobras reports that Board member Jerônimo Antunes submitted his resignation from the Board of Directors of the company, as well as from the Board’s Committees in which...
(Petrobras, 18.Apr.2019) — Petrobras announces that it has completed the drilling of the well 3-SES-192 (Petrobras nomenclature) / 3-BRSA-1367-SES (ANP nomenclature)l in the area known as Moita Bonita, located in...
(Reuters, 17.Apr.2019 — Brazil’s government will require a signing bonus of 106 billion reais ($26.9 billion) in an Oct. 28 auction of excess oil from the so-called transfer-of-rights area in...
(Petrobras, 17.Apr.2019) — Petrobras has decided to increase the diesel price by R$ 0.10/liter, which implies a minimum variation of 4.518% and a maximum of 5.147% in its 35 points...
(Petrobras, 17.Apr.2019) — Petrobras says it has received correspondence from Caixa Econômica Federal informing that it is studying the possibility of selling shares that they hold issued by Petrobras, having...
(AP, Peter Prengaman and Mauricio Savarse, 13.Apr.2019) — The administration of President Jair Bolsonaro plans to auction seven offshore oil fields in the northeast despite contrary advice from analysts of...
(Petrobras, 12.Apr.2019) — Petrobras informs that, in line with its strategy for diesel price readjustments, announced on 03/26/19, it revisited its hedge position and evaluated, throughout the day, with the...
(Bloomberg, Simone Preissler Iglesias and Sabrina Valle, 12.Apr.2019) — A conversation lasting less than 20 minutes was enough to put the neo-liberal credentials of Brazil President Jair Bolsonaro’s government in...
(SeekingAlpha, Carl Surran, 10.Apr.2019) — Brazil's government will pay $9.06B to Petrobras for revising the contract for the transfer of rights area, Energy Minister Albuquerque announced late yesterday. The resolution...
(Petrobras, 9.Apr.2019) — Petrobras announced the final results of its previously announced debt tender offers (the “Waterfall Offers”). As of 11:59 p.m., New York City time, on April 8, 2019...
(Petrobras, 9.Apr.2019) — Petrobras, following up on the press release disclosed on 04/05/2019, regarding the competitive sale process of 100% of Liquigás Distribuidora SA, informs that the new Teaser, which...
(Energy Analytics Institute, Aaron Simonsky, 9.Apr.2019) — TechnipFMC said it has been awarded a significant contract for the Lapa field by Total E&P do Brasil Ltda., on behalf of the...
(Petrobras, 9.Apr.2019) — Petrobras informs that became aware of the CNPE announcement regarding the revision of the Transfer of Rights Agreement in reference to their meeting held today. According to...
(Petrobras, 5.Apr.2019) — Petrobras informs that, in the scope of the competitive sale process of 90% of Transportadora Associada de Gás SA ("TAG"), ENGIE group, jointly with the Canadian investment...
(Reuters, 29.Mar.2019) — Brazilian state-run oil firm Petroleo Brasileiro SA said on Friday it had kicked off a second attempt to sell its liquefied petroleum gas (LPG) distribution unit after...
(Petrobras, 29.Mar.2019) — Petrobras reports that today it filed its 2018 Form 20-F with the U.S. Securities and Exchange Commission (SEC). Form 20-F is a SEC requirement and must be...
(Petrobras, 29.Mar.2019) — Petrobras reports that it has started the opportunity disclosure stage (Teaser), related to the sale of Liquigás Distribuidora S.A. (Liquigás). Liquigás is a wholly owned subsidiary of...
(Petrobras, 28.Mar.2019) — Petrobras signed a Revolving Credit Facility - RCF in the amount of US$3.25 billion, maturing in March 2024, which may be extended for up to two years....
(Reuters, 27.Mar.2019) — Brazilian state development bank BNDES will continue to reduce its stake in state-controlled oil company Petroleo Brasileiro SA as part of its divestment plan, the bank’s CEO...
(Reuters, Marta Nogueira, 26.Mar.2019) — Brazilian state-run oil company Petrobras has fined Bolivia’s state oil company YPFB after it failed to deliver liquefied natural gas (LNG) volumes secured under a...
(Reuters, 26.Mar.2019) — Brazil is likely to sign an energy sector cooperation agreement with Israel during President Jair Bolsonaro’s visit to the Middle Eastern country later this month, Brazilian Mines...
(Argus,26.Mar.2019) — Brazilian state-controlled Petrobras expects to continue to receive natural gas from Bolivia for up to four more years after its supply contract with its Bolivian counterpart YPFB expires...
(Petrobras, 26.Mar.2019) — Petrobras announced early results of its previously announced debt tender offers (the “Waterfall Offers”). As of 5:00 p.m., New York City time, on March 25, 2019 (the...
(Petrobras, 26.Mar.2019) — Petrobras informs that yesterday its Executive Board approved a change in the frequency of diesel prices adjustment. Diesel prices at the company's refineries, which correspond to around...
(Reuters, Marta Nogueira and Gram Slattery, 25.Mar.2019) — Brazil’s government will announce “within days” a deal with state-run oil company Petrobras to settle a multi-billion-dollar contract dispute and clear the...
(Petrobras, 22.Mar.2019) — Petrobras has implemented a hedge strategy to protect part of its oil production expected for the year of 2019. Put options have been acquired with exercise price...
(Petrobras, 21.Mar.2019) — Petrobras, following up on the Press Release of 02/01/2019, informs that it obtained a favorable decision, reversing the injunction that suspended the mothballing of the fertilizer plant...
(Reuters, Jake Spring, 21.Mar.2019) — Brazil Mines and Energy Minister Bento Albuquerque said on Thursday that the government will present a program for overhauling the natural gas sector by June,...
(Petrobras, 20.Mar.2019) — Petrobras informs that the Administrative Board of Tax Appeals (CARF) pronounced, on this date, by a casting vote, an unfavorable decision regarding fiscal administrative proceeding that addresses...
(Petrobras, 20.Mar.2019) — Petrobras informs that its Board of Directors, at a meeting held today, elected Mrs. Anelise Quintão Lara for the position of Chief Refining and Natural Gas Executive...
(World Oil, 20.Mar.2019) — Margaret Øvrum recalls that investment depends on viability, “With a monopoly, you do not get the right price.” Norwegian Equinor (formerly Statoil), the second largest oil...
(Petrobras, 19.Mar.2019) — Petrobras announces that today it concluded the offering of securities in the international capital market (Global Notes) in the amount of US$ 3 billion, with US$ 750...
(Reuters, Gram Slattery, 19.Mar.2019) — Brazilian independent oil company PetroReconcavo has entered direct negotiations with state-run Petroleo Brasileiro SA to purchase a cluster of 34 oilfields in the nation’s northeast,...
(Petrobras, 19.Mar.2019) — Petrobras announced the expiration and expiration date results of the previously announced offer to purchase (the “Offer”) by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”), of...
(Petrobras, 19.Mar.2019) — Petrobras informs that it received the Official Letter No. 133/2019 -SAE, which requests the following clarification: Official Letter no. 133/2019 -SAE “Dear all, In a report published...
(S&P Global Platts, 19.Mar.2019) — Brazilian state-led oil producer and refiner Petrobras expects to ramp up its divestments in the near term, with a series of deals expected to close...
(Petrobras, 19.Mar.2019) — Petrobras reports that it has started today the production of oil and natural gas of P-77, the fourth platform to be put into production in the Búzios...
(Petrobras, 18.Mar.2019) — Petrobras informs that on Mar. 15 it prepaid Export Credit Notes with Banco do Brasil, in the amount of R$ 7.0 billion, with maturity in 2022. The...
(SeekingAlpha, 18.Mar.2019) — On March 13, 2019, GeoPark Limitedentered the Ecuador upstream by winning the Espejo and Perico blocks in the Oriente Basin in the Intracampos Bid Round (Fig. 1)....
(Petrobras, 18.Mar.2019) — Petrobras announced that its CEO Roberto Castello Branco appointed Ms. Andrea Marques de Almeida as Chief Financial and Investor Relations Officer of the company and Mr. Rafael...
(S&P Global Platts, Daniel Rodriguez, 13.Mar.2019) — Petrobras is looking to become a natural gas powerhouse, a market that is relatively undeveloped in Brazil, the company’s CEO Roberto Castello Branco...
(Petrobras, 12.Mar.2019) — Petrobras announces the pricing of (i) additional notes of its 5.750% Global Notes due 2029 and (ii) new notes denominated in U.S. Dollar and, together with the...
(Petrobras, 11.Mar.2019) — Petrobras, following up on the Material Fact dated 07/28/2017 and Notice to the Market dated 10/4/2017, announces the beginning of the binding phase of the competitive process...
(Reuters, 6.Mar.2019) — Norway’s BW Offshore has won approval from Brazil’s antitrust watchdog Cade to buy the Maromba oilfield from Petrobras and Chevron, according to a statement in the official...
(S&P Global Platts, 5.Mar.2019) — Surpassing Russia, Brazilian crude oil shipments for China’s independent refineries topped the list in February at 2.17 million mt, S&P Global Platts monthly survey showed...
(Bloomberg, Peter Millard, 3.Mar.2019) — There’s enough as-yet-unassigned oil under the Atlantic Ocean off Brazil’s Rio de Janeiro to keep the entire world running for almost six months. So why...
(Petrobras, 1.Mar.2019) — Petrobras, following up on the release dated 12/10/2018, announces the beginning of the binding phase related to the sale of its entire equity share in three onshore...
(Energy Analytics Institute, Aaron Simonsky, 28.Feb.2019) — Heard on the street and LatAmNRG briefs on plans by the Bolivian and Paraguayan presidents to discuss LPG, urea, and gas, Brazil's Petrobras...
(Reuters, 28.Feb.2019) — The Brazilian government will offer in an auction in October production sharing contracts for companies to explore areas that it says hold “significant volumes of oil and...
(Energy Analytics Institute, Piero Stewart, 28.Feb.2019) — Heard on the street and LatAmNRG briefs on Colombia’s state oil company Ecopetrol reporting an attack along the Caño Limón-Coveñas pipeline, and Brazil’s...
(Petrobras, 27.Feb.2019) — Petrobras informs that its Board of Directors, at a meeting held today, approved dividends to shareholders who own non-voting shares, in the amount of R$ 106,678,312.41, corresponding...
(Petrobras, 27.Feb.2019) — Petrobras informs that, in February, it pre-paid bank debts totaling R$ 5,9 billion and US$ 1 billion, according to the table below: Table: pre-payment operations (in million)...
(Bloomberg, Lucia Kassai and Ezra Fieser, 27.Feb.2019) — U.S. Gulf refiners are bidding up prices for Colombian crude amid sanctions on Venezuelan imports, historically one of America’s top oil suppliers....
(Reuters, 27.Feb.2019) — Brazilian state-run oil company Petroleo Brasileiro SA said on Tuesday that it is studying a voluntary layoff programme at its administrative headquarters in Sao Paulo to cut...
(Petrobras, 27.Feb.2019) — Petrobras informs that today it published its 2018 Integrated Report, comprised of: (i) Annual Report, which brings key information about the company, presenting how the organization generates...
(Petrobras, 26.Feb.2019) — Petrobras, following up on the release dated 01/21/2019, reports that its Board of Directors, in a meeting held today, approved the nomination of Mr. Nivio Ziviani as...
(Reuters, Tatiana Bautzer and Carolina Mandl, 26.Feb.2019) — Brazilian state-owned bank Caixa Economica Federal is close to selling a 9-billion-real ($2.4 billion) stake it owns in oil company Petroleo Brasileiro...
(Reuters, 26.Feb.2019) — Petrobras Distribuidora SA, the distribution unit of Brazilian state-run oil firm Petroleo Brasileiro SA, posted a major boost in quarterly net profit on Tuesday thanks to the...
(Reuters, 25.Feb.2019) — Brazil’s oil regulator said on Monday that is has started an investigation into an oil spill at an offshore platform owned by Petroleo Brasileiro SA. On Saturday,...
(Petrobras, 23.Feb.2019) — Petrobras reports the occurrence, in the early hours of today 23 Feb. 2019, of a hose rupture at P-58 during the offloading of oil to a relief...
(Petrobras, 22.Feb.2019) — Petrobras announced that in January its total production of oil and gas, including natural gas liquids (NGL), was 2.61 million barrels of oil equivalent per day (boed),...