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Petróleo Brasileiro S.A. – Petrobras informs that it has approved a Clawback Policy, in compliance with the regulation of the Securities and Exchange Commission and the rule issued under the Manual for Companies Listed on the New York Stock Exchange ("NYSE Clawback Rules"), also applicable to Brazilian issuers that have sponsored American Depositary Receipt (ADR)... Continue Reading →
ANP released the Monthly Oil and Natural Gas Production Bulletin for October 2023, which provides consolidated data on national production. Total production (oil + natural gas) was 4.502 million barrels of oil equivalent per day (MMboe/d). Regarding oil, 3.543 million barrels per day (MMbbl/d) were extracted, a reduction of 3.5% compared to the previous month... Continue Reading →
Petrobras installed a LiDAR (Light Detection and Ranging) sensor on the PPE-1A platform, in the Pescada field (RN). This is the state’s second platform to have sensors installed to measure speed and wind direction, among other weather variables. Studies that have been conducted are essential for the implementation of offshore wind projects, as the company... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that the Extraordinary General Meeting held yesterday (11/30) deliberated and approved, by majority, the following. EXTRAORDINARY GENERAL MEETING Reform of Petrobras' Bylaws and consequent consolidation of the Bylaws, in order to amend articles 22, 23, 25, 28, 29, 30, 34, 36, 40, 43 and 56 in accordance with the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has signed new natural gas contracts with Companhia Distribuidora de Gás do Rio de Janeiro (CEG) and CEG RIO S.A. (CEG RIO) and that their effectiveness will begin on 12/01/2023, as a result of compliance with the conditions agreed between the parties, following the signing of an... Continue Reading →
(PN) The Brazilian Environmental Institute (Ibama) issued the operating license for FSO Pargo, which will be operated by Perenco at the Pargo Complex, in the Campos Basin. The license will last for eight years. FSO type ships are only used for storage and transport – and therefore do not have modules on their topside. The... Continue Reading →
(Reuters) - Brazil is expected to join the OPEC+ group of oil-producing countries in January but would not take part in the group's coordinated output caps, the chief executive of state-run oil firm Petrobras (PETR4.SA) told Reuters. The group's surprising announcement on Thursday that the South American nation would join it raised immediate questions on whether Brazil would take... Continue Reading →
(Reuters) - Brazil hopes to join the OPEC+ group of oil-producing countries in January after a full technical analysis, the country's energy minister said on Thursday, however sources said Brazil is not expected to take part in the group's coordinated output caps. President Luiz Inacio Lula da Silva's office confirmed receiving the invite during his... Continue Reading →
(Reuters) - OPEC+ oil producers on Thursday agreed to voluntary output cuts totalling about 2.2 million barrels per day (bpd) for early next year led by Saudi Arabia rolling over its current voluntary cut. Saudi Arabia, Russia and other members of OPEC+, who pump more than 40% of the world's oil, met online on Thursday... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras (“Petrobras” or “Company”) informs that it was notified of the decision made by the Minister Rapporteur of the Federal Court of Auditors (“TCU”) within the scope of the process TC 037.414/2023-2, regarding the Extraordinary General Meeting (“AGE”) for changes to its Bylaws (“Bylaws”). The Minister Rapporteur of the TCU, following the... Continue Reading →
