(Petrobras, 5.Aug.2019) — Petrobras, following up on the release dated 07/05/2019, informs the beginning of the binding phase related to the sale of all its […]
Tag: Petrobras
Brazil To Reduce Natgas Imports From Bolivia
(Merco Press, 5.Aug.2019) — The Brazilian oil company Petrobras has announced that in the coming months it will reduce its imports of Bolivian natural gas, […]
Petrobras Approves Revision Of LPG Pricing Policy
(Petrobras, 5.Aug.2019) — Petrobras reports that its Executive Board has approved revision of its LPG pricing policy for residential use, sold for bottling in cylinders […]
Petrobras Gets R$1.275bn Advance From Eletrobras
(Petrobras, 2.Aug.2019) — Petrobras informs that today Centrais ElĂ©tricas Brasileiras S.A. – Eletrobras settled in advance R$ 1.275 billion of the outstanding balance of the […]
Petrobras Reports Production Boost
(Reuters, Gram Slattery and Marta Nogueira, 2.Aug.2019) — Brazilian state-run oil company Petroleo Brasileiro SA, or Petrobras, posted a long-awaited production boost in July after […]
Petrobras Approves Pmt Of Shareholder Remuneration
(Petrobras, 1.Aug.2019) — Petrobras informs that its Board of Directors, at a meeting held today, approved the distribution of anticipated remuneration to shareholders as interest […]
Petrobras Closes BR’s Public Offering For $9.6 Billion
(Petrobras, 29.Jul.2019) — Petrobras announces the closing, on this date, of the secondary public offering of 393,187,500 common shares issued by Petrobras Distribuidora S.A (“BR”) […]
Odebrecht Inks Post-‘Car Wash’ Deal With Petrobras
(Reuters, Marta Nogueira and Gram Slattery, 29.Jul.2019) — Brazil’s Petrobras has signed a two-year contract to lease a drilling rig from Ocyan, formerly known as […]
Petrobras Reports 3.8% Rise In 2Q:19 Oil, Gas Output
(Reuters, 26.Jul.2019) — Brazil’s state oil firm Petroleo Brasileiro SA said on Friday total second-quarter oil and gas production was 2.633 million barrels per day […]
Petrobras Reports Modest Output Growth
(Reuters, Ana Mano and Gram Slattery, 26.Jul.2019) — Brazilian state-run oil firm Petroleo Brasileiro SA posted a modest production boost in the second quarter, but […]
Petrobras Expects Final Offers For Liquigás By Aug. 7
(Reuters, Gabriel Araujo, 25.Jul.2019) — Brazil’s state-run oil company PetrĂłleo Brasileiro SA expects to privatize natural gas distribution unit Liquigás next month as part of […]
Petrobras Receives Over $100mn Via Recovered Assets
(Reuters, 25.Jul.2019) — Brazilian state-run Petrobras this week received 425 million reais ($112 million) as a result of leniency deals and recovered assets from parties […]
Karoon Eyes Output Boost After Grabbing Field
(Reuters, Marta Nogueira, 25.Jul.2019) — Karoon Energy Ltd aims to boost production by more than 60% at an oilfield it is purchasing from Petroleo Brasileiro […]
Petrobras CEO Says Liquigás To Be Privatized in August
(Reuters, 25.Jul.2019) — Roberto Castello Branco, chief executive of state oil company PetrĂłleo Brasileiro SA, said during an event on Thursday that Liquigás is the […]
Petrobras Reports On BR Shares Purchase Option
(Petrobras, 25.Jul.2019) — Petrobras, pursuant to article 24 of CVM Instruction 400 of December 29, 2003, as amended, reports that today the over allotment option […]
Petrobras Starts Phase For Sale Of Bahia Fields
(Petrobras, 25.Jul.2019) — Petrobras, following up on the release dated 07/08/2019, announces the beginning of the non-binding phase related to the sale of all its […]
Petrobras Receives R$425mn For Leniency Agreements
(Petrobras, 25.Jul.2019) — Petrobras received this week R$425 million as a result of leniency agreements and repatriations carried out by the Federal Prosecutor’s Office. Thus, […]
Petrobras Signs $1.5bn Deals To Sale Shallow Water Assets
(Petrobras, 24.Jul.2019) — Petrobras announces that today it signed two contracts for the sale of upstream assets in shallow waters in Campos and Santos Basins, […]
Petrobras Signs Shallow Water Deals For $1.5bn
(Petrobras, 24.Jul.2019) — Petrobras signed two contracts for the sale of upstream assets in shallow waters in Campos and Santos Basins, in the total amount […]
Petrobras Approves Debentures Public Offering
(Petrobras, 23.Jul.2019) — Petrobras, in compliance with the provisions of Instruction no. 358 of January 3, 2002, issued by the Securities and Exchange Commission of […]
Petrobras Prices Offering Of Petrobras Distribuidora (BR)
(Petrobras, 23.Jul.2019) — Petrobras announced today the pricing of the secondary public offering of shares of Petrobras Distribuidora S.A. Petrobras’s Board of Directors approved today […]
Petrobras Reports On Bidding To Acquire Pampo And Enchova Poles
(Petrobras, 19.Jul.2019) — Petrobras informs that in the scope of the bidding process for total disinvestment of Petrobras’ interests in Pampo and Enchova Poles in […]
Petrobras Clarifies Fuel Supply For Iranian Vessels
(Petrobras, 19.Jul.2019) — Petrobras clarifies media reports related to the supply of fuel to two Iranian vessels. Petrobras did not provide fuel to the exporting […]
Petrobras Sets Release Dates For 2Q:19 Results
(Petrobras, 16.Jul.2019) — Petrobras, focusing on providing greater transparency in its information, reports that as from this quarter, it will disclose the production and sales […]
Petrobras Announces Early Tender Results
(Petrobras, 16.Jul.2019) — Petrobras announced the early results of its previously announced debt tender offers (the “Waterfall Offers”). As of 5:00 p.m., New York City […]
Petrobras Starts Non-Binding Phase Asset Sales In Brazil
(Petrobras, 15.Jul.2019) — Petrobras, following up on the release dated 06/28/2019, announces the beginning of the non-binding phase related to the first phase of the […]
Petrobras Announces BaĂşna Field Sale Offer
(Petrobras, 15.Jul.2019) — Petrobras informs that in the scope of the competitive sale process for the sale of its entire stake in BaĂşna field (concession […]
Petrobras Reports Naming Of BODs Members
(Petrobras, 15.Jul.2019) — Petrobras reports that its Board of Directors approved the appointment of Mr. Walter Mendes de Oliveira Filho for the position of member […]
Brazil Gas Plan Seen Luring Naturgy, Engie, Others
(Reuters, 15.Jul.2019) — Recently announced plans to foster competition in the Brazilian natural gas market may trigger a wave of privatizations among state-controlled distribution companies, […]
Bolivia To Buy Petrobras’ Stake In Gas Pipeline
(Reuters, 9.Jul.2019) — Bolivia’s state-owned oil company YPFB plans to bid on a stake in a natural gas pipeline linking the country to Brazil to […]
Petrobras And CADE Ink Natgas Market Deal
(Petrobras, 8.Jul.2019) — Petrobras reports that it signed an Agreement with the Administrative Council for Economic Defense (CADE), which consolidates understandings between the parties on […]
Petrobras Chief Governance, Compliance Officer Resigns
(Petrobras, 5.Jul.2019) — Petrobras informs that its Chief Governance and Compliance Executive Officer, Rafael Mendes Gomes, presented his resignation from the position, for personal reasons. […]
Petrobras Clarifies On Liquigás Divestment
(Petrobras, 5.Jul.2019) — Petrobras, in relation to the news published in the media, regarding the sale of Liquigás Distribuidora SA, clarifies that this divestment project […]
Petrobras Starts Teaser For Espirito Santo E&P Assets
(Petrobras, 5.Jul.2019) — Petrobras started the opportunity disclosure stage (teaser), related to the sale of its entire working interest in Peroá and Cangoá production fields […]
Petrobras Informs Of Capital Interest Payment
(Petrobras, 5.Jul.2019) — Petrobras informs that in connection to the press released of May 7th, 2019 that it is paying today Interest on Capital (IOC), […]
Dozens Arrested For Murder, Extortion Of Petrobras Contractors
(Reuters, Gram Slattery and Rodrigo Viga Gaier, 4.Jul.2019) — Police in Rio de Janeiro arrested more than 40 people on Thursday for their alleged roles […]
Former Petrobras CEO Appointed Nubank Member
(Reuters, 1.Jul.2019) — Brazilian financial startup Nubank has appointed former Petroleo Brasileiro SA’s Chief Executive Ivan Monteiro as a member of its risk committee and […]
Petrobras To Divest Refinery Assets To Trim Leverage
(Zacks, 1.Jul.2019) — 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) — Petrobras announces that its wholly-owned subsidiary, Petrobras Global Finance B.V. (“PGF”), has commenced cash tender offers to repurchase certain of its outstanding […]
Petrobras’ Teasers For Downstream Assets In Brazil
(Petrobras, 28.Jun.2019) — 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) — Brazil is making it easier for China’s teapots to buy Lula crude as it seeks to win more market share in the […]
Petrobras Prices 2nd Caixa EconĂ´mica Federal Offering
(Petrobras, 26.Jun.2019) — Petrobras announced that on June 25, 2019, it priced the global offering by Caixa EconĂ´mica Federal (the “Selling Shareholder”)of 241,340,371 common shares, […]
Petrobras Starts Non-Binding Phase For Sale Of Breitener Energética S.A.
(Petrobras, 26.Jun.2019) — 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) — 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) — 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) — 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) — 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 Liquigás Binding Divestment Phase
(Petrobras, 20.Jun.2019) — Petrobras, following up on the release dated 05/10/2019, announces the beginning of the binding phase related to the sale of Liquigás Distribuidora […]
Petrobras Clarifies Natgas Find In Sergipe Basin
(Petrobras, 17.Jun.2019) — 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) — The Libra Consortium led by Petrobras, Royal Dutch Shell and Total said they’ve authorized construction of the multibillion-dollar Mero 2 […]