Petróleo Brasileiro S.A. – Petrobras regarding the pieces of news published in the press clarifies that as a result of its strategy and commitment to generating value, in 2021, it has already distributed R$ 10.3 billion in dividends, of which R$ 3 billion were assigned to its controlling shareholder. Additionally, from January to June 2021,... Continue Reading →
Petrobras on deadlines for refinery sales foreseen in the TCC
Petróleo Brasileiro S.A. – Petrobras informs that it has celebrated a new addendum to the Term of Commitment to Cessation (TCC) signed with the Administrative Council for Economic Defense (CADE), with the purpose of extending the deadline for Petrobras to continue with the discussions for the effective conclusion of the negotiation processes and to execute... Continue Reading →
PETROBRAS FIND EVIDENCE OF GAS IN OFFSHORE BLOCK IN ESPIRITO SANTO
(PetroNoticuas) Petrobras notified the National Petroleum Agency (ANP) this week about signs of natural gas in the ES-M-669 offshore block, in the Espírito Santo Basin. The discovery was made in a water depth of 2,366 meters. Drilling of the 1-BRSA-1379D-ESS well, where the evidence was found, began in April, as reported. Block ES-M-669 was acquired... Continue Reading →
EXXONMOBIL DISCOVERS OIL IN THE CAMPOS BASIN
(PetroNoticias) News in the exploratory campaign of the American ExxonMobil in the Campos Basin. The oil company notified the National Petroleum Agency (ANP) this week about signs of oil and gas found in block C-M-789, in a water depth of 2,681 meters. The discovery was made in well 1-EMEB-1A-RJS (also called Opal-1A). The exploratory campaign... Continue Reading →
PetroRio granted royalty rate reduction for Brazilian field
Brazilian oil and gas company PetroRio has been granted a royalty rate reduction for the Tubarão Martelo field by the country’s authorities in an effort to incentivize investment in revitalization. Brazil’s National Petroleum, Gas and Biofuels Agency (ANP) approved PetroRio’s Development Plan for the cluster consisting of the Polvo and Tubarão Martelo offshore fields, the... Continue Reading →
Petrobras signs contract for sale of power companies
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 09/11/2020, informs that today it signed contracts for the sale of its 20% stakes in Termelétrica Potiguar S.A. (TEP) and 40% in Companhia Energética Manauara S.A. (CEM) to Global Participações Energia S.A. (GPE), through its subsidiaries GFT Participações S.A. and GFM Participações S.A.,... Continue Reading →
Petrobras signs contract for the sale of Gaspetro
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 07/10/2020 and 12/30/2020, informs that it has signed a contract with the company Compass Gás e Energia S.A. (Compass) for the sale of all its stake (51%) in Petrobras Gás S.A. (Gaspetro). The sale value is R$ 2.03 billion, to be paid at... Continue Reading →
Petrobras’ stand-alone credit profile upgraded by S&P
Petróleo Brasileiro S.A. – Petrobras informs that the rating agency S&P Global Ratings (S&P) raised its stand-alone credit profile (intrinsic risk) by one notch, from "bb" to "bb+". The agency affirmed the global scale rating of the company's corporate debt at "BB-", two levels below the stand-alone credit profile, due to Brazil’s sovereign rating cap.... Continue Reading →
Petrobras on favorable decision related to labor lawsuit
Petróleo Brasileiro S.A. – Petrobras informs that, on this date, it became aware of a favorable decision handed down by the Minister Reporter of the Federal Supreme Court, in appeals filed against the decision of the Superior Labor Court on the review of the methodology for calculating the Minimum Compensation Per Level and Working Regime... Continue Reading →
Brazil oil and gas production totaled 3.757 MMboe/d in June and the highlight was the Atapu field with 100,000 boe/d
One year after the start of production, the Atapu field, in the Santos Basin pre-salt, is already among the 10 largest producers in Brazil, having produced in June 111.763 Mboe/d (one thousand barrels of oil equivalent per day ), being 91,881 Mbbl/d (thousand barrels per day) of oil and 3,161 MMm3/d (million cubic meters per... Continue Reading →