Petrobras Starts Regap Binding Phase

(Petrobras, 20.Dec.2019) — Petrobras, following up on the release dated on October 4, 2019 informs the beginning of the binding phase related to the sale […]

Petrobras On Biofuels Segment Exit Strategy

(Petrobras, 20.Dec.2019) — Petrobras reports on divestments in the biofuels segment. The company guideline to exit this segment, announced in 2016, accelerated in 2019 and […]

Petrobras To Pay Shareholder Remuneration

(Petrobras, 18.Dec.2019) — Petrobras announced its Board of Directors, at a meeting held 18 Dec., approved the distribution of anticipated remuneration to shareholders as interest […]

Petrobras Joins Tax Programs

(Petrobras, 18.Dec.2019) — Petrobras, under the scope of its ongoing contingency assessment process, decided to join the Programs for Partial Tax Remission and Interest and […]

Petrobras Seeks Alternatives For Comperj

(Petrobras, 18.Dec.2019) — Petrobras has completed the economic feasibility study regarding the completion of the Comperj refinery construction, together with the Chinese company CNPC and […]

Petrobras Announces E&P Asset Binding Phase

(Petrobras, 17.Dec.2019) — Petrobras, following up on the release disclosed on 11/01/2019, announces that it has started the binding phase referring to the sale of […]

Sinopec, EIG Deliver Bid For Petrobras Refinery

(Reuters, 17.Dec.2019) — China’s Sinopec and U.S.-based EIG Global Energy Partners have delivered non-binding offers to buy Brazilian refinery REGAP from state-run oil firm Petrobras, […]

YPFB Fundamental For Bolivia Gas Supply

(Energy Analytics Institute, Ian Silverman, 17.Dec.2019) — Bolivia’s Hydrocarbon Minister VĂ­ctor Hugo Zamora said the new team at state oil company YPFB will be fundamental […]

Petrobras Prepays $5bn CDB Loan

(Petrobras, 16.Dec.2019) — Petrobras, following up on the press release disclosed on August 14, 2019, prepaid a $5 billion loan with China Development Bank (CDB), […]

BNDES Evaluates Sale Of Its Petrobras Shares

(Petrobras, 13.Dec.2019) — Petrobras received correspondence from Banco Nacional de Desenvolvimento EconĂ´mico e Social (BNDES), in which it communicates the intention to evaluate the sale […]

S&P Ups Petrobras’ Global Scale Outlook

(Petrobras, 12.Dec.2019) — Petrobras said rating agency S&P Global Ratings (S&P) raised the company’s global scale outlook from stable to positive, and maintained its corporate […]

Petrobras’ Teaser For TAG Stake Divestment

(Petrobras, 11.Dec.2019) — Petrobras started the opportunity disclosure stage (teaser), relating to the sale of its remaining stake (10%) in Transportadora Associada de Gás S.A. […]

Petrobras On TOR Amendment

(Petrobras, 11.Dec.2019) — Petrobras following up on the release dated November 1, 2019, informs that, in alignment with its cash management strategy and in accordance […]

Petrobras To Lease LNG Regasification Terminal

(Petrobras, 9.Dec.2019) — Petrobras, in accordance with the commitments made through the Agreement, signed with the Administrative Council for Economic Defense (CADE), on July 8, […]

Petrobras To Lease Out LNG Terminal

(Argus, 9.Dec.2019) — Brazilian state-controlled Petrobras has started pre-qualifying bidders for a long-term lease of its 20mn mÂł/d Bahia LNG import terminal and associated pipeline, […]

Petrobras Plans $34bn In Dividends

(Bloomberg, Simon Casey and Sabrina Valle, 5.Dec.2019) — Petrobras plans to pay its shareholders $34 billion in dividends over the next five years as it […]

Petrobras May Divest Stakes In Marlim, Papa-Terra

(Reuters, 4.Dec.2019) — Brazilian state-run oil firm Petrobras is considering putting additional stakes in significant offshore oilfields up for sale, executives said on Wednesday, as […]

Petrobras Host Investor Day In NYC

(Energy Analytics Institute, Aaron Simonsky, 4.Dec.2019) — Brazil’s state-controlled oil giant Petrobras hosted media and analyst during its annual investor day event in New York […]

Petrobras Starts EspĂ­rito Santo Basin Teaser

(Petrobras, 3.Dec.2019) — Petrobras started the opportunity disclosure stage, referring to the sale of its interest in two onshore exploratory blocks, located in the EspĂ­rito […]

Bolivia Revises Gas Reserves, Fixes GCC Line

(Argus, Patricia Garip, 3.Dec.2019) — Bolivia’s new interim government has revised down the figure for natural gas reserves, applying a more conservative interpretation of the […]

Petrobras Shares Slip On Production Target

(Reuters, Roberto Samora , 28.Nov.2019 ) — Shares of Brazilian oil firm Petroleo Brasileiro SA slipped on Thursday after its oil and gas production outlook […]

Petrobras Inks Deal To Divest Frade Field

(Petrobras, 28.Nov.2019) — Petrobras signed with PetroRio Jaguar PetrĂłleo Ltda., subsidiary of Petro Rio S.A., a contract on 28 Nov. for the sale of 30% […]

Petrobras Deal With Acron Group Flops

(Energy Analytics Institute, Aaron Simonsky, 26.Nov.2019) — Brazil’s state oil company Petrobras announced that ongoing negotiations with Acron Group closed without the companies coming to […]

Petrobras Starts Refinery Binding Phase

(Petrobras, 22.Nov.2019) — Petrobras, following up on the release dated August 30, 2019, informs the beginning of the binding phase regarding the first stage of […]

Petrobras Eyes Deep Offshore Shift In 2020

(Reuters, 19.Nov.2019) — Brazil’s state-owned oil firm Petroleo Brasileiro SA expects deep offshore areas to account for 88% of its exploration and production activities next […]

Total Reports 1st Oil From Iara Offshore Brazil

(Total, 15.Nov.2019) — France’s Total announced first oil from the Iara license (Block BM-S-11A), located in the deepwater Santos Basin pre-salt. This marks the start-up […]

Bolivia Warns Of Force Majeure On Gas Exports

(Argus, 12.Nov.2019) — Bolivia’s deepening political crisis is starting to take a toll on its vital hydrocarbons industry. YPFB, Bolivia’s state-owned oil and natural gas […]

Petrobras Discloses Teaser For Uruguayan Assets

(Petrobras, 12.Nov.2019) — Petrobras started the opportunity disclosure stage (teaser) relating to the sale of its fuel, lubricant and fertilizer distribution business in Uruguay. In […]

Petrobras Delists From Argentine Stock Exchange

(Petrobras, 11.Nov.2019) — Petrobras, following communications disclosed on 08/09/2019, 10/04/2019 and 11/04/2019, reports that it proceeded to the withdrawal of the public offering regime in […]

Petrobras Receives Final Offer For Liquigás

(Petrobras, 7.Nov.2019) — Petrobras reports that, as part of the competitive process for divestment of its entire shareholding in Liquigás Distribuidora S.A., the group comprised […]