Petrobras On RLAM Refinery Divestment

(Petrobras, 9.Jul.2020) — Petrobras, regarding to the news published in the media, referring to the divestment of the Landulpho Alves Refinery (RLAM), clarifies that there […]

Petrobras Reports Record Bunker 2020 Output

(Petrobras, 8.Jul.2020) — Petrobras informs that the Paulínia Refinery (Replan), located in the state of São Paulo, broke the monthly production record for Bunker 2020, […]

Petrobras Decommissions P-12 Platform

(Petrobras, 7.Jul.2020) — Petrobras informs that, after approval by the National Agency for Petroleum, Natural Gas and Biofuels (ANP), the Brazilian Institute for the Environment […]

Petrobras Eyes Braskem Deal With Odebrecht

(Reuters, 6.Jul.2020) — Brazilian state-led oil company Petrobras expects within six months to reach an understanding with engineering group Odebrecht on a new shareholder agreement […]

Petrobras Eyes LNG Units For Pre-salt Gas

(Reuters, 3.Jul.2020) — Brazilian state-controlled oil company Petrobras is considering installing offshore units to liquefy the growing natural gas production from the so-called pre-salt area, […]

Petrobras Begins NTS Binding Phase

(Petrobras, 3.Jul.2020) — Petrobras, following up on the press release disclosed on 15 May 2020, announces the beginning of the binding phase regarding the sale […]

Petrobras Supports TCFD

(Petrobras, 1.Jul.2020) — Petrobras is supporting the Task Force for Climate-related Financial Disclosures (TCFD), an initiative by the Financial Stability Board of the G20 group, […]

Petrobras To Cut Over 20% Of Workforce

(Reuters, 1.Jul.2020) — Some 10,000 employees of Brazil’s Petrobras, or 22% of its workforce, have accepted voluntary buyouts, Chief Executive Roberto Castello Branco said on […]

Essar Bid For Petrobras’ Bahia Refinery

(Reuters, 30.Jun.2020) — Indian conglomerate Essar Group made a binding offer to Brazil’s Petroleo Brasileiro SA to buy the country’s second largest oil refinery, two […]

Brazil’s Refinery Utilization Rate Stable

(S&P Global Platts, 30.Jun.2020) — Brazil’s refineries returned close to pre-pandemic levels in June, despite several incidents at processing units across Latin America’s biggest country […]

Petrobras Implements PDV At Transpetro

(Petrobras, 29.Jun.2020) — Petrobras said the Board of Directors of its wholly-owned subsidiary Petrobras Transporte S.A. (Transpetro), approved the creation of a Voluntary Severance Program […]

Petrobras Reports Búzios Production Record

(Petrobras, 29.Jun.2020) — Petrobras reports that the platforms (P74, P-75, P-76 and P-77) installed in the Búzios field, in the Santos Basin pre-salt, reached new […]

Petrobras To Receive Offers For Bahia Refinery

(Reuters, 24.Jun.2020) — Brazil’s Petroleo Brasileiro SA is set to receive binding offers for the country’s second-largest refinery on Thursday, five people with knowledge of […]

Petrobras On Deal With Sete Brasil

(Petrobras, 24.Jun.2020) — Petrobras, following up on the release disclosed on December 20, 2019, informs that its Executive Board approved a change in the deadline […]

Petrobras On BR Distribuidora S.A. News

(Petrobras, 17.Jun.2020) — Petrobras, regarding to the news published in the media, referring to the sale of its stake in BR Distribuidora S.A. (BR), clarifies […]

Petrobras Refineries Near Pre-pandemic Levels

(Reuters, 12.Jun.2020) — Utilization rates at refineries owned by Brazil’s Petrobras are nearing pre-pandemic levels, as lower fuel imports by competitors and resilient international demand […]

Brazil’s PPSA Issues Pre-salt Oil Share Data

(Argus, 11.Jun.2020) — Brazil’s state-owned pre-salt marketing firm PPSA took around 17pc of crude from three production-sharing contracts in April, according to monthly data published […]

Petrobras Files 2019 Sustainability Report

(Petrobras, 10.Jun.2020) — Petrobras filed its 2019 Sustainability Report today. In addition to presenting Petrobras’ operational, economic, social, environmental, and governance performance in 2019, the […]

Bolivia Boosts Gas Exports To Argentina

(Energy Analytics Institute, 10.Jun.2020) — Bolivia’s state oil company Yacimientos Petroliferos Fiscales Bolivianos (YPFB) increased, as of 1 June, natural gas exports requested by Integración […]

Petrobras Hits New Fuel Oil Export Record

(Argus, 8.Jun.2020) — Brazil’s state-controlled Petrobras exported a record 1.11mn t of fuel oil in May, marking a return to the company’s focus on higher-margin […]

Petrobras Reports Rise In Fuel Exports

(Petrobras, 5.Jun.2020) — Petrobras reports that it exported 1.11 million tons of fuel oil in May, surpassing the previous record set in February 2020 by […]