(UPI, Daniel J. Graeber, 18.Jul.2018) â A renewable energy division of French supermajor Total said Wednesday it was moving forward with new solar power developments […]
Tag: Petrobras
Petrobras Output in Campos Drops
(Reuters, Marta Nogueira, 17.Jul.2018) â Oil production by Brazilian state-led Petroleo Brasileiro SA in the Campos basin fell 1.4 percent in June over the previous […]
Petrobras, CNPC to Finish Rio Refinery
(Efe, 4.Jul.2018) â Brazilian state oil company Petrobras and China’s state-owned China National Petroleum Corporation signed a letter of intent to conclude construction of a […]
Brazil: Whatâs Next for Upstream, Refining
(Energy Analytics Institute, Aaron Simonsky, 29.Jun.2018) â Watch the Inter-American Dialogue debate, Energy Policy in Brazil: Whatâs Next for Upstream, Refining and LNG. ***
Petrobras New CFO Election
(Petrobras, 27.Jun.2018) â Petrobras informs that its Board of Directors, at a meeting held today, appointed the engineer Rafael Salvador Grisolia to the position of […]
Tartaruga Verde Field Commences Production
(Petrobras, 25.Jun.2018) â Petrobras started production of Tartaruga Verde field, in deep waters of Campos Basin, by means of FPSO Cidade de Campos dos Goytacazes. […]
Brazil Labor Court Rules Against Petrobras
(Reuters, 21.Jun.2018) â Brazil’s top labor court ruled in favor of workers at Brazil’s state-controlled oil giant Petroleo Brasileiro in a wage spat that could […]
Brazil Raises $830 Mln in Pre-Salt Auction
(Efe, 7.Jun.2018) â Brazil raised 3.15 billion reais (around $830 million) in fixed signing bonuses on Thursday in its fourth auction of oil blocks in […]
ExxonMobil Wins More Acreage in Brazil Bid Round
(ExxonMobil, 7.Jun.2018) â ExxonMobil has increased its holdings in Brazilâs pre-salt basins after winning the Uirapuru exploration block with co-venturers Equinor and Petrogal Brasil during […]
Brazil Will Strengthen Energy Supply during Soccer World Cup
(Efe, 6.Jun.2018) â Brazilâs Electricity Sector Monitoring Committee (CMSE) announced special operational measures to ensure that the country will not have problems with its energy […]
Petrobras BODs Appoints New CEO
(Energy Analytics Institute, Ian Silverman, 5.Jun.2018) â Ivan de Souza Monteiro is the new president of Petrobras. Brazilâs state oil company Petrobras announced controlling shareholder […]
Petrobras Boss Resigns Amid Truckers’ Strike
(Al Jazeera, Daniel Schweimler, 2.Jun.2018) â Pedro Parente’s resignation was one of the demands of striking workers due to worries that he was going to […]
Petrobras CEO Parente Resigns Post
(Energy Analytics Institute, Ian Silverman, 1.Jun.2018) â Pedro Parente resigned as CEO of Petrobras. In an official statement, Brazilâs state oil company Petrobras confirmed Mr. […]
Brazil Oil Workers Strike, Defying Court Order
(Efe, 30.May.2018) â Brazilian oil workers defied a court order on Wednesday by launching a three-day strike affecting oil refineries. The FUP, a federation that […]
Petrobras Pricing Pressure Spooks Potential Refinery Buyers
(Reuters, Tatiana Bautzer & Carolina Mandl, 24.May.2018) â A surprise decision by Brazil’s state-controlled oil company Petroleo Brasileiro SA to cut diesel prices in response […]
Bolivia Shifts Gas Investment Plans Amid Protests
(Efe, 4.May.2018) â Bolivia announced on Friday it was halting plans to spend $683 million on natural gas exploration work in an area of the […]
Shell Made Mistake Pulling Out of Guyana basin
(CaribbeanLife, Bert Wilkinson, 31.Jan.2018) â Now that Guyanaâs oil and gas basin has been deemed as one of the hottest and most exciting prospects in […]
ANP Notice on Participation in Lula Field
(Petrobras, 1.Apr.2017) â Petrobras announced that, on March 30, 2017, Consortium BM-S-11 received a notice of violation issued by the National Petroleum, Natural Gas and […]
Petrobras Says P-69 Arrives in Brazil
(Petrobras, 30.Mar.2017) â Platform is now at Brasfels shipyard in Angra dos Reis On March 28, the hull of floating production, storage and offloading vessel […]
Petrobras Updates on BaĂșna, Tartaruga Verde
(Petrobras, 30.Mar.2017) â Petrobras, in continuation to the material facts of 10/6/2016, 12/20/2016, and 3/15/2017 and to the press release of 11/21/2016, clarifies that it […]
Petrobras Requests for Replacement of Substitute Candidate
(Petrobras, 27.Mar.2017) â Petrobras, as stated in Circular Letter CVM/SEP/01/2017, reported that it has received a request for the replacement of the substitute candidate to […]
Petrobras Updates on Shareholders Meeting
(Petrobras, 27.Mar.2017) â Petrobras informed that the Extraordinary General Shareholders Meeting, held in the Auditorium of the company’s headquarters on Avenida Republic of Chile nÂș […]
Reelection of Petrobras CEO
(Petrobras, 27.Mar.2017) â Petrobras reports that in the meeting held yesterday Petrobras’ Board of Directors approved the reelection of CEO Pedro Pullen Parente for a […]
Petrobras’ Sale of PetroquĂmicaSuape and Citepe
(Petrobras, 27.Mar.2017) â Petrobras, in continuation to the material fact disclosed on December 28, 2016, informed that, the Shareholdersâ Extraordinary General Meeting approved the sale […]
Petrobras Offers Clarification: CARF Ruling
(Petrobras, 24.Mar.2017) â Petrobras informed that the Administrative Board of Tax Appeals (CARF) issued on 3/22/17 a decision in favor of the Company, in the […]
Petrobras Reports 2016 Results
(Petrobras, 23.Mar.2017) â Petrobrasâ results in 2016 were marked by a significant improvement in its operational performance over the course of the year, reflected in […]
Petrobras Announces Resignation of Council Member
(Petrobras, 23.Mar.2017) â Petrobras informed that Mr. Paulo JosĂ© dos Reis Souza, member of the Fiscal Council, submitted his resignation to the post, effective on […]
Petrobras Offers Clarifications on Libra Pilot Project
(Petrobras, 21.Mar.2017) â Petrobras and its partners are committed to implementing the production sharing agreement (PSA) for the Libra area, executed in 2013 and for […]
Petrobras Says Court Authorizes Divestment Program
(Petrobras, 15.Mar.2017) â Petrobras, in continuation to the material facts disclosed on 12/8/2016 and 12/20/2016, reports that the decision by the Federal Accounting Court (TCU) […]
Petrobras’ Unaffected by Brazil’s Outlook
(Moody’s, 15.Mar.2017) â On 15 March 2017 Moody’s changed the outlook on the Government of Brazil’s Ba2 rating to stable from negative, reflecting Moody’s expectation […]
Petrobras Reports Oil, Gas Output in February
(Petrobras, 14.Mar.2017) â Petrobrasâ oil and natural gas production in February totaled 2.82 million barrels of oil equivalent per day (boed), with 2.703 million boed […]
Petrobras Clarification on Alliance News
(Petrobras, 10.Mar.2017) â Petrobras understands that the content disclosed to the market on the Strategic Alliance with Total on 10/24/2016, 12/21/2016 and 3/1/2017, includes the […]
Petrobras Updates on Nova Transportadora Sale
(Petrobras, 10.Mar.2017) â Petrobras informed that it was suspended today by the President of the Federal Regional Court for the 5th Region, the injunction that […]
Strategic Alliance Between Petrobras, Total
(Petrobras, 7.Mar.2017) â Petrobras clarified that the R$ 500 million amount mentioned in the article published by the newspaper O Estado de S. Paulo and […]
Petrobras, Total Finalize Strategic Alliance
(Petrobras, 1.Mar.2017) â Petrobras and Total signed the sales contracts for the assets in the Strategic Alliance, as set out in the Master Agreement signed […]
Petrobras Approves Settlements with Investors
(Petrobras, 24.Feb.2017) â Petrobras announces its Board of Directors has approved settlements to end four individual lawsuits filed before the Federal Court of New York, […]
Nova Fronteira Merges into SĂŁo Martinho S.A.
(Petrobras, 23.Feb.2017) â Petrobras announced that, further to the statement on 12/15/2016, its wholly owned subsidiary Petrobras BiocombustĂvel S.A. (PBIO) finalized the merger of Nova […]
Petrobras Proceeds with Sale of PetroquĂmicaSuape
(Petrobras, 23.Feb.2017) â Further to the relevant fact disclosed on January 31, 2017, Petrobras announced that the Federal Regional Court of the 5th Region granted […]
Petrobras Reports Production in January
(Petrobras, 15.Feb.2017) â Petrobrasâ total oil and natural gas production in January was 2.86 million barrels of oil equivalent per day (boed), of which 2.74 […]
Petrobras Reaches Production Target
(Petrobras, 12.Feb.2017) â Petrobras reported average oil production in Brazil reached an annual historical record in 2016, at 2.144.256 barrels per day (bpd), 0.75% above […]
Standard & Poor’s Improves Petrobras’ Rating
(Petrobras, 11.Feb.2017) â Petrobras announced that the credit rating agency Standard & Poorâs raised its rating for the companyâs corporate debt to ‘BB-‘ from ‘B+’ […]
Petrobras Announces Final Tender Results
(Petrobras, 9.Feb.2017) â PetrĂłleo Brasileiro S.A. â Petrobras (PBR) announced that holders of $4,899,100,000 and âŹ631,753,000 principal amount of the outstanding notes of the series […]
P-66 Leaves Shipyard for Lula Field
(Petrobras, 6.Feb.2017) â The floating platform will operate in the Santos Basin pre-salt and it will be the seventh unit deployed in Lula field. On […]
Gran Tierra to Divest Brazil Business
(Gran Tierra Energy Inc., 6.Feb.2017) â Gran Tierra Energy Inc. announced a purchase and sale agreement was executed pursuant to which Maha Energy AB agreed […]
Petrobras Announces Pricing of Global Notes
(Petrobras, 10.Jan.2017) â Petrobras announces the pricing of global notes denominated in U.S. Dollars (the âNotesâ) to be issued by its wholly-owned subsidiary Petrobras Global […]
Moody’s Assigns Rating to Petrobras Notes
(Moody’s Investors Service, 9.Jan.2017) â Moody’s Investors Service assigned a B2 rating to Petrobras Global Finance B.V.’s proposed global notes, which will be unconditionally guaranteed […]
Petrobras Concludes Nansei Sekiyu Sale
(Petrobras, 28.Dec.2016) â Petrobras concluded the sale of its 100% stake in Nansei Sekiyu (NSS) to the Taiyo Oil Company. The transaction was done by […]
Petrobras Sells Sugar, Ethanol, PetroChem Assets
(Petrobras, 28.Dec.2016) â These transactions are part of the companyâs partnerships and divestments program. The target for the period 2017-2018 is $21 billion ⊠On […]