(Reuters, 12.Apr.2021) — Shareholders in Brazil’s Petrobras voted on Monday to remove Roberto Castello Branco as CEO, and elected his government-picked successor to the board of directors, but discontent among […]
Tag: Roberto Castello Branco
At Petrobras, A ‘Spartan’ Military Man Takes The Reins
(Reuters, 12.Apr.2021) — For many investors, the appointment of former army general Joaquim Silva e Luna as the new chief executive of Brazil’s state-run oil company Petrobras was unexpected – […]
Petrobras Adopts Cautious Fuel Price Approach
(Petrobras, 2.Apr.2021) — Petrobras, regarding the pieces of news published in the media, clarifies that it chose to adopt a more cautious approach in January 2021 and accelerated the fuel […]
Petrobras On Board Member Pietro Antonelli’s Decision
(Petrobras, 3.Mar.2021) — Petrobras, regarding the piece of news published in the media, clarifies that the Board Member Leonardo Pietro Antonelli informed the company that he does not intend to […]
![Petrobras Tax Report 2020 [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2021/02/header-2021-02-27-D974_Relatorio-Fiscal-2020_-versao-ingles.png)
Petrobras Tax Report 2020 [PDF Download]
(Petrobras, 24.Feb.2021) — Petrobras CEO Roberto Castello Branco provides comments from senior management on 2020 in the company’s year-end tax report. Petrobras and society witnessed an unprecedented crisis, which affected […]
Petrobras Comments On News Published In Media
(Petrobras, 24.Feb.2021) — Petrobras, in clarification to a piece of news published in the media, informs that the Board of Directors requested the Chief Financial and Investor Relations Officer, Andrea […]
Petrobras’ Political Risk Raises Uncertainties
(Fitch, 23.Feb.2021) — The request to replace Petroleo Brasileiro S.A.’s (Petrobras, IDR BB-/Negative) CEO made by the Brazil’s Ministry of Mines and Energy is viewed by Fitch Ratings as raising […]
Petrobras In Turmoil As Investors Digest Shake-up
(Argus, 22.Feb.2021) — The share price of Brazil’s Petrobras nosedived today after President Jair Bolsonaro moved to overhaul the state-controlled company’s management, heralding a return to state intervention and threatening […]
Bolsonaro Says More Changes Underway
(Blooomberg, 19.Feb.2021) — Brazilian President Jair Bolsonaro said that more changes are underway after naming a former general to replace the University of Chicago-educated economist running state-controlled Petroleo Brasileiro SA. […]
Petrobras CEO Fights Pressure To Resign
(Reuters, 19.Feb.2021) — The chief executive of Brazil’s state-led oil company Petrobras is trying to fight off President Jair Bolsonaro’s bid to oust him over his insistence on raising gasoline […]
Petrobras CEO Castello Branco Out, Luna In
(Energy Analytics Institute, 19.Feb.2021) — A shake up at Petrobras will see CEO Roberto Castello Branco being replaced by Joaquim Silva e Luna, according to Brazil’s mining and energy ministry. […]
Petrobras On Letter From Mines And Energy Ministry
(Petrobras, 19.Feb.2021) — Petrobras informs that it received a letter from the Ministry of Mines and Energy, requesting measures to convene an Extraordinary General Meeting in order to promote the […]
Bolsonaro To Discuss Diesel Price With Petrobras Head
(Reuters, 4.Feb.2021) — Brazilian President Jair Bolsonaro said he will meet on Friday with his Cabinet and the head of state-run oil company Petrobras to discuss diesel prices, a move […]
Petrobras CEO Denies Claims Of ‘Predatory’ Pricing Policy
(Reuters, 13.Jan.2021) — Roberto Castello Branco, chief executive of Brazil’s state-run oil company Petroleo Brasileiro SA, has dismissed accusations from private fuel importers that the firm is enforcing a price […]
Petrobras To Join Corporate Sustainability Index (ISE)
(Petrobras, 1.Dec.2020) — Petrobras will be part of B3 Corporate Sustainability Index (ISE) again. The company will integrate the main Brazilian index under the aspect of corporate sustainability in 2021, […]
Petrobras Creates Climate Change Exec Management
(Petrobras, 3.Nov.2020) — Petrobras, reinforcing the growing importance of the transition to low carbon in the company, informs the creation of the Climate Change Executive Management, which will be responsible […]
Petrobras Reinforces Climate Change Initiatives
(Petrobras, 3.Nov.2020) — Petrobras, reinforcing the growing importance of the transition to low carbon in the company, informs the creation of the Climate Change Executive Management, which will be responsible […]
Petrobras, Other Cos. To Reveal NatGas Sharing Deals
(Petrobras, 30.Sep.2020) — Petrobras together with Petrogal Brasil, Repsol Sinopec Brasil and Shell Brasil, partners in the offshore routes in the pre-salt Santos Basin, will announce contracts for sharing the […]
Petrobras CEO Says 11,000 Employees To Leave Co.
(Reuters, 17.Sep.2020) — Approximately 11,000 employees of Brazilian state-run oil company Petrobras have accepted buyout packages and will leave the firm this year or next, Chief Executive Roberto Castello Branco […]
Petrobras 2Q:20 Earnings Call Transcript
(The Motley Fool, 1.Aug.2020) — Petrobras’s earnings call for the period ending 30 June 2020. Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning ladies and […]
Petrobras: Message From CEO Roberto Castello Branco
(Petrobras, 31.Jul.2020) — Brazil state oil and gas company Petrobras reported financial and operational results for the second quarter of 2020. The company’s Chief Executive Officer Roberto Castello Branco had […]
Petrobras Expects To Seal Refinery Sale To Mubadala
(Reuters 31.Jul.2020) — Brazilian state-run oil firm Petroleo Brasileiro SA expects to conclude unilateral negotiations regarding the sale of its RLAM refinery in northeastern Brazil within “one or two months,” […]
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 for petrochemical company Braskem SA […]
Petrobras On The New Code Of Ethical Conduct
(Petrobras, 26.Jun.2020) — Petrobras said its Board of Directors has approved the company’s new Code of Ethical Conduct. The document, which unites the Code of Ethics with the Guide to […]
Message From Petrobras’ CEO On 1Q:20 Results
(Petrobras, 15.May.2020) — Petrobras CEO Roberto Castello Branco delivered his message to shareholders related to the company’s first quarter 2020 results. “We express our solidarity with the victims of the […]
Petrobras Warns Economy Has Changed Forever
(Reuters, 15.May.2020) — Brazil’s Petrobras took a 65.3 billion real ($11.2 billion) impairment on its exploration and production assets on Thursday, warning investors that changes in consumer behavior resulting from […]
Petrobras Projects Lower April Output
(Argus, 7.Apr.2020) — Brazil’s state-controlled Petrobras is projecting 2.07mn b/d of domestic oil production in April, down by 69,000 b/d from its last confirmed output level in February. The company […]
Petrobras Deepens Oil Supply Cuts
(Reuters, 1.Apr.2020) — Brazil’s Petrobras will double its oil output cuts to 200,000 barrels per day, or about 6% of total production, and shorten work hours as the state-controlled company […]
Petrobras’ Divestment Push Challenged By Oil Price War
(Reuters, 26.Mar.2020) — A move by Brazil’s Petrobras on Thursday to slash output, capital spending and dividends brings the state-run oil firm into alignment with global rivals confronted with a […]
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 cuts debt and sells assets […]
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 the company continues to aggressively […]
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 City on Dec. 4, which […]
Brazil Targets Greek Tanker For Spill
(Argus, 1.Nov.2019) — Brazil is targeting a Greek-flagged tanker as the source of a catastrophic oil spill that has spread across the northeastern coast. Federal police say the Suezmax Bouboulina […]
Petrobras Says 20+ Groups Interested In Refineries
(Reuters, 13.Aug.2019) — More than 20 potential bidders are interested in the refineries that Brazil’s state-controlled oil company Petroleo Brasileiro SA plans to sell, the company’s chief executive officer said […]
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, which it still considers to […]
Petrobras CEO Says Liquigás To Be Privatized in August
(Reuters, 25.Jul.2019) — Roberto Castello Branco, chief executive of state oil company Petróleo Brasileiro SA, said during an event on Thursday that Liquigás is the next unit that the Brazilian […]
Petrobras To Be Led By Privatisation Advocate
(AP, 21.Nov.2018) — Brazil’s President-elect Jair Bolsonaro named pro-market reformer Roberto Castello Branco, as future chief executive of the country’s state-controlled oil company, Petrobras, on Monday. Castello Branco, a former […]
Brazil VP-elect ‘Impressed’ After Meeting With Petrobras Executives
(Reuters, Rodrigo Viga Gaier, Marta Nogueira, 9.Nov.2018) — Brazil’s Vice-President-elect Hamilton Mourão said on Twitter he was “very much impressed” after meeting on Friday with top executives at state-run oil […]