(Reuters, 1.Jul.2019) â Brazilian financial startup Nubank has appointed former Petroleo Brasileiro SA’s Chief Executive Ivan Monteiro as a member of its risk committee and […]
Tag: Petrobras
Petrobras To Divest Refinery Assets To Trim Leverage
(Zacks, 1.Jul.2019) â In a bid to forge ahead with divestment goals, Petrobras has commenced the process of offloading four refineries namely Rnest, Rian, Repar […]
Petrobras Commences Cash Tender Offers
(Petrobras, 1.Jul.2019) â Petrobras announces that its wholly-owned subsidiary, Petrobras Global Finance B.V. (âPGFâ), has commenced cash tender offers to repurchase certain of its outstanding […]
Petrobras’ Teasers For Downstream Assets In Brazil
(Petrobras, 28.Jun.2019) â Petrobras, following up on the release issued on April 26, 2019, announces the beginning of the opportunity disclosure stage (teaser) related to […]
Brazil Bets Storing Oil Will Boost China Sales
(Bloomberg, 27.Jun.2019) â Brazil is making it easier for Chinaâs teapots to buy Lula crude as it seeks to win more market share in the […]
Petrobras Prices 2nd Caixa EconĂŽmica Federal Offering
(Petrobras, 26.Jun.2019) â Petrobras announced that on June 25, 2019, it priced the global offering by Caixa EconĂŽmica Federal (the âSelling Shareholderâ)of 241,340,371 common shares, […]
Petrobras Starts Non-Binding Phase For Sale Of Breitener Energética S.A.
(Petrobras, 26.Jun.2019) â Petrobras, following up on the release disclosed on 06/11/2019, announces the beginning of the non-binding phase for the sale of 93.7% of […]
Petrobras’ Divestment Of Enchova And Pampo Clusters
(Petrobras, 25.Jun.2019) â Petrobras, following up on the release dated June 13, 2019, informs that it will hold a new round of final offers for […]
Petrobras Starts Rio Ventura Cluster Non-Binding Phase
(Petrobras, 25.Jun.2019) â Petrobras, following up on the release disclosed on 06/03/2019, announces the beginning of the non-binding phase related to the sale of its […]
Brazil Approves Pro-market Gas Regulations
(Argus, 25.Jun.2019) â Brazil’s national energy policy council (CNPE) approved regulations that will open the country’s natural gas market and reduce the dominant position of […]
Petrobras Updates On $700mn Vantage Payment
(Petrobras, 21.Jun.2019) â Petrobras, following up on the release of May 17, 2019, hereby informs that its subsidiaries paid today the amount of approximately US$700 […]
Petrobras Starts LiquigĂĄs Binding Divestment Phase
(Petrobras, 20.Jun.2019) â Petrobras, following up on the release dated 05/10/2019, announces the beginning of the binding phase related to the sale of LiquigĂĄs Distribuidora […]
Petrobras Clarifies Natgas Find In Sergipe Basin
(Petrobras, 17.Jun.2019) â Petrobras, regarding the news published in the media, related the discovery of natural gas in the Sergipe Basin, clarifies that, in recent […]
Total, Shell, Petrobras Launch Mero 2 Project Offshore Brazil
(Chron.com, Jordan Blum, 12.Jun.2019) â The Libra Consortium led by Petrobras, Royal Dutch Shell and Total said they’ve authorized construction of the multibillion-dollar Mero 2 […]
Petrobras Announces Secondary Equity Offering By Caixa EconĂŽmica Federal
(Petrobras, 10.Jun.2019) â Petrobras announces that Caixa EconĂŽmica Federal (the âSelling Shareholderâ), has commenced an offering of 241,340,371 common shares, without par value, of Petrobras, […]
Petrobras Says CEF To Divest $1.86 Billion Stake
(Reuters, 10.Jun.2019) â Brazilâs state-run oil company Petroleo Brasileiro SA said Caixa EconĂŽmica Federal will sell a stake worth 7.2 billion reais ($1.86 billion) in […]
Petrobras Reports On Secondary Public Offering Of BR Distribuidora Shares
(Petrobras, 7.Jun.2019) â Petrobras, following up on the release of05/22/2019, informs that on this date it has submitted to the Brazilian Association of Financial and […]
Petrobras Announces Favorable Supreme Court Decision
(Petrobras, 6.Jun.2019) â Petrobras said the Plenary of the Federal Supreme Court (STF) reversed the provisional injunction granted by Minister Ricardo Lewandowski in ADI 5624, […]
ANP 16th Bid Rounds: Mitigating Sky-high Bonuses
(WoodMac, 6.Jun.2019) â After three highly competitive exploration bid rounds in 2018, momentum is building for Brazil’s three-round licensing bonanza that starts later this year. […]
Different Brazilian Justice OKs Privatizations Without Congressional Approval
(Reuters, 6.Jun.2019 ) â Brazilian Supreme Court Justice Carmen Lucia voted on Thursday to allow the divestment of state-run firms and subsidiaries without congressional approval, […]
Engie Brazil CEO Expects Supreme Court To Ok $8.6 Billion Gas Pipeline Deal
(Reuters, 6.Jun.2019) â The chief executive officer of Engie SA in Brazil, Mauricio Bahr, said he expects the country’s highest court to approve the French […]
Odebrecht Informs Petrobras That Sales Talks With Lyondell Are Off
(Energy Analytics Institute, Aaron Simonsky, 4.Jun.2019) â Odebrecht S.A., the controlling shareholder of Braskem S.A., notified Petrobras that negotiations regarding the potential transaction involving the […]
LatAmNRG Bolivia Briefs: Petrobras Volumes, Investments In Lithium
(Energy Analytics Institute, Ian Silverman, 30.May.2019) â Heard on the street and LatAmNRG briefs related to Brazilâs Petrobras requesting lower natural gas volumes from Boliviaâs […]
Petrobras Says It Has Been Contacted By U.S. CFTC
(Reuters, 30.May.2019) â Brazilian state-run oil firm Petrobras has received a request for information from the U.S. Commodity Futures Trading Commission regarding the firm’s trading […]
Brazil Govt, Petrobras Lobby Ahead Of Key Privatization Court Ruling
(Reuters, Ricardo Brito, 30.May.2019) â Brazilian state-run oil company Petrobras and sectors of the government are mobilizing in the lead-up to a Supreme Court session […]
Braskem BODs OKs $101mn Corruption Settlement
(Reuters, 27.May.2019) â The board of Brazilian petrochemicals producer Braskem SA has approved an agreement with authorities to pay 410 million reais ($101 million) to […]
Petrobras Sets June Deadline For Liquigas Non-Binding Offers: Source
(Reuters, Carolina Mandl, 27.May.2019) â Brazilian state-controlled oil company Petroleo Brasileiro SA has set a June 7 deadline to receive non-binding proposals for its liquefied […]
Petrobras Names Nivio Ziviani To Board Of Directors
(Petrobras, 21.May.2019) â Petrobras announced its Board of Directors, at a meeting held yesterday, approved the nomination by the controlling shareholder of Mr. Nivio Ziviani […]
Petrobras Updates On Change Of ADR Programs Custodian
(Petrobras, 21.May.2019) â Petrobras says the Brazilian Securities and Exchange Commission (CVM) has approved the change of the custodian bank of its ADR programs for […]
Petrobras Approves Amendment To Transfer Of Rights Agreement
(Petrobras, 21.May.2019) â Petrobras says its Board of Directors approved the execution of the Amendment to the Transfer of Rights Agreement pursuant to the National […]
Petrobras’ Says Motion To Vacate Arbitration Award Issued In Vantage Case
(Petrobras, 17.May.2019) â Petrobras, following up onthe Press Release of March 8, 2019, hereby informs that today the United States District Court for the Southern […]
Petrobras Removes Three Banks From BR Distribuidora Privatization
(Reuters, Gram Slattery and Carolina Mandl, 17.May.2019) â Brazilian state-run oil firm Petroleo Brasileiro SA has removed three banks from the privatization process of fuel […]
LatAm’s Gasoline Problems: Mexico And Brazil Diverge In Fuel Balance Strategy
(WoodMac, 15.May.2019) â The two dominant players in Latin American oil and gas â Petrobras and Pemex â should face negative net gasoline balance for […]
Petrobras Awards McDermott EPCI Contract For Sepia Field Offshore
(McDermott, 14.May.2019) â McDermott International, Inc. announced the award of a significant* contract by Petrobras for engineering, procurement, construction and installation of subsea risers and […]
Mexico’s Rising Oil Nationalism Faces Debt-Rating Crisis
(Reuters, Stefanie Eschenbacher and David Alire Garcia, 14.May.2019) â Mexican President Andres Manuel Lopez Obrador took office in December vowing to revive state-owned energy company […]
Petrobras Announces Teaser For Sale Of Breitener Energética S.A.
(Petrobras, 13.May.2019) â Petrobras reports that it has started the opportunity disclosure stage (Teaser) relating to the sale of its 93.7% interest in Breitener EnergĂ©tica […]
Petrobras Updates On Divestment Of LiquigĂĄs: Start Of Non-Binding Phase
(Petrobras, 10.May.2019) â Petrobras, following up on the release dated 04/09/2019, announces the beginning of the non-binding phase related to the sale of LiquigĂĄs Distribuidora […]
Petrobras Updates On Studies Related To Sale Of Shares By Caixa
(Petrobras, 10.May.2019) â Petrobras informs that it received the Official Letter No. 288/2019-SLS, which requests the following clarification:Official Letter nÂș 288/2019-SLS âDear Gentlemen, In a […]
Earnings Call Transcript For Petrobrasâ 1Q:19 Results
(Motley Fool, 10.May.2019) â Brazilâs Petrobras reported first quarter 2019 earnings call transcript can be found below. Earnings Call Transcript For Petrobrasâ 1Q:19 Results Contents: […]
Petrobras Throws Out Printers As CEO Focuses On Cost Cutting
(Bloomberg, Sabrina Valle and Peter Millard, 9.May.2019) â Soon after taking over as chief executive officer of Brazilâs state-controlled oil giant Petrobras, Roberto Castello Branco […]
Petrobras Exec Flags Production Boost During Second Quarter
(Reuters, 8.May.2019) â Oil and gas production at Petroleo Brasileiro SA is on the rise in the second quarter, and has been above 2.8 million […]
Petrobras Approves Shareholder Remuneration Payment
(Petrobras, 7.May.2019) â Petrobras informs that its Board of Directors, at a meeting held today, approved the distribution of anticipated remuneration to shareholders as interest […]
Brazilâs Petrobras Launches New Investor Relations Website
(Petrobras, 7.May.2019) â Petrobras informsthat it launched a new InvestorRelations website, featuring an easier and more intuitive navigation and a modern layout, aligned with the […]
YPF Eyes Increasing Interest In Mega To 72% With Petrobras Acquisition
(Energy Analytics Institute, Aaron Simonsky, 6.May.2019) â YPF announced it’s desire in acquiring Petrobrasâ 34% interest in gas separator Mega, after the Brazilian company announced […]
Ecopetrol Updates Details of Farm-in To Saturno Block In Brazil
(Energy Analytics Institute, Aaron Simonsky, 3.May.2019) â Colombia’s state oil company Ecopetrol reportedly has updated on its farm-in in the Saturno block in Brazil. Partners […]
Petrobras Completes Pasadena Refinery Sale To Chevron
(Petrobras, 1.May.2019) â Petrobras, following up on the release disclosed on 01/30/2019, informs that it has completed, through its subsidiary Petrobras America Inc. (PAI), the […]
Petrobras Announces Release Date Of 1Q:19 Results
(Petrobras, 30.Apr.2019) â Petrobras will release 2019 first quarter results (1Q19) on May 7, after the closing of the market in Brazil (B3). On May […]
Petrobras Presents Strategic Plan For Guyanaâs Oil And Gas Sector
(Stabroek News, 30.Apr.2019) â Representatives of the majority-state-owned Brazilian oil company, Petrobras yesterday presented a five-year strategic plan for Guyanaâs oil and gas industry, which […]
Brazil’s Petrobras Files Reference Form 2018
(Petrobras, 30.Apr.2019) â Petrobras reports that it filed today the Reference Form (âFormulĂĄrio de ReferĂȘnciaâ) for the financial year 2018 with the Securities and Exchange […]
Petrobras Uruguay Says Not Willing To Accumulate Damages, Losses
(Energy Analytics Institute, Aaron Simonsky, 29.Apr.2019) â Petrobras Uruguay commented on announcements made from Petrobras’ headquarters in Rio de Janeiro, Brazil. “Petrobras Uruguay will continue […]