Brought to you by Quest Offshore & Southern Cone Consultants
(Reuters) - Brazilian state-run oil company Petrobras (PETR4.SA) on Thursday formally elected Jose Mauro Coelho as its chief executive for a one-year term, ending weeks of turmoil in which the government struggled to fill the top position. Coelho, a government technocrat, pledged to maintain the company's current pricing policy, a controversial topic that ultimately helped bring down... Continue Reading →
(Reuters) - The Brazilian currency's monster rally may soon run out of gas, analysts and government officials say, as U.S. interest rate hikes and risks to the Chinese economy threaten the fundamentals of the world's best-performing major currency. Brazil's real has gained over 18% against the U.S. dollar so far this year, more than twice... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it filed today its 2021 Sustainability Report. The report describes Petrobras' main activities, initiatives, management practices, indicators and commitments related to environmental, social and governance (ESG) issues. The report presents our contributions to society, as the distribution of values to employees, federal, state, and municipal governments, through the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that the Annual General Meeting, held on 04/13/2022, exclusively under the digital format, analyzed and approved, by majority vote, the following: ANNUAL GENERAL MEETING I. Assessing the Management’s accounts, examining, discussing and voting on the Management’s Report and the Company’s Financial Statements, with the report from the independent auditors... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), pursuant to CVM Resolution No. 44, informs its shareholders, investors and the market in general that it participated in the 3rd Cycle of the Permanent Offer of the National Petroleum, Natural Gas and Biofuels Agency (“ANP”), on this date, and acquired the concession right... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it received today, at sight, the amount of R$ 5.26 billion from Shell Brasil Petróleo Ltda. - Shell, referring to its share of 25% in the compensation for Atapu, a block acquired by the consortium composed by Petrobras (52.5%), Shell (25%) and Total Energies EP Brasil Ltda. -... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on release disclosed on February 23, 2022, informs that, in a meeting held today, the Annual General Meeting (AGM) approved the remuneration to shareholders relative to the Fiscal Year 2021 in the amount of R$ 7.773202 per outstanding share (common or preferred). This amount includes the prepayments already... Continue Reading →
Oil majors Shell and TotalEnergies have secured six and two offshore exploration blocks, respectively, in the Santos basin offshore Brazil as part of the country’s latest bid round. Brazil’s National Petroleum Agency, Natural Gas and Biofuels (ANP) on Wednesday held the public bidding session of the 3rd Cycle of the Open Acreage in the Concession... Continue Reading →
(PN) In a final assessment of the result of the Permanent Offer auction, held this morning, the National Petroleum Agency (ANP) highlighted the main numbers achieved in the auction. In all, 59 exploratory blocks were acquired in six basins, which generated R$ 422.4 million in signature bonuses. This represents a premium of 854.84%. In addition,... Continue Reading →
(Valor) Dommo Energia, a business resulting from the restructuring of OGX, started a sales process that has already attracted at least five interested parties. The process is at the beginning, but there are already signed NDAs. The oil company mandated Santander to carry out the M&A. According to a source, one of those interested in... Continue Reading →
