Petrobras returns to the World Economic Forum’s anti-corruption initiative

September 9, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it has again become a signatory to the anti-corruption initiative Partnering Against Corruption Initiative (PACI) of the World Economic Forum. PACI is the leading international anti-corruption organization with compliance officers from large multinationals, international organizations and governments. The initiative acts as a global platform for... Continue Reading →

September 10, 2020 0

SECOND OF FOUR RELIEF VESSELS ORDERED FOR THE BÚZIOS FIELD IS IN OPERATION

Sept 9, 2020 Eagle Paulínia, the second of the four new vessels that are being added to Petrobras' relief fleet in 2020, carried out the first relief operations in Búzios, in the Santos Basin, and concluded its first operational cycle. In the last week of August, the vessel carried out two offloadings - oil transfer... Continue Reading →

September 9, 2020 0

Petrobras on Relevant Shareholding Position

September 8, 2020 Petróleo Brasileiro S.A. – Petrobras, in compliance with article 12 of CVM Instruction no. 358, dated of 1/3/2002, reports that it was notified today by Capital Research Global Investors (CRGI), independent investment division of Capital Research and Management Company, that it has acquired preferred shares issued by the company and it manages... Continue Reading →

September 9, 2020 0

Rosneft gets more time in the Solimões Basin

Sept 8, 2020 The ANP board approved the postponement of the declaration of commerciality of the Discovery Assessment Plan (PAD) for wells 1-HRT-2-AM and 1-HRT-8-AM, located in blocks SOL-T-169, SOL-T -170 and SOL-T-192, in the Solimões Basin. With the decision, the company's deadline to declare commercialization of the two-well PAD has been extended to 2025.... Continue Reading →

September 8, 2020 0

Petrobras on E&P assets in Santos Basin

September 8, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the release dated August 10, 2020, informs the beginning of the binding phase regarding the sale of 50% to 100% of its stake, with the passing of the operation, in the BM-S-51 concession, in the Santos Basin. The concession is located at water depths... Continue Reading →

September 8, 2020 0

Dynamic Panel of Daily Production of Oil and Natural Gas is launched by ANP

Sept 8, 2020 The Panel uses a business intelligence (BI) tool to present daily production information for wells, fields and installations. The new panel, with daily data, complements the Dynamic Panel for the Production of Oil and Natural Gas, launched by the ANP in 2019, which brings consolidated monthly data. By presenting daily data, the... Continue Reading →

September 8, 2020 0

PETRO RIO (PRIO3) IS INCLUDED INTO BOVESPA INDEX (B3)

September 8, 2020 Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3) informs its shareholders and the market in general that, on the present date, its shares were included into the portfolio of Bovespa Index (“Ibovespa” or “IBOV”), principal index of B3, composed of shares with the highest traded volume in the past 12 months. PetroRio’s... Continue Reading →

September 8, 2020 0

Brazil economy outshines Mexico after surprise role reversal

The divergence between Latin America’s two largest economies, Brazil and Mexico, is widening as the region’s most prominent left- and right-wing leaders adopt stridently different fiscal responses to the COVID-19 pandemic. Their approaches, however, are not what would be expected - and investors are adapting accordingly. Continue reading

September 8, 2020 0

Exclusive: Exxon downsizes global empire as Wall Street worries about dividend

Ill-timed bets on rising demand have Exxon Mobil Corp facing a shortfall of about $48 billion through 2021, according to a Reuters tally and Wall Street estimates, a situation that will require the top U.S. oil company to make deep cuts to its staff and projects. Wall Street investors are even starting to worry about... Continue Reading →

September 8, 2020 0

Brazil 100% committed to road from Boa Vista-Georgetown, says Guyana is ‘Dubai’ of the region

Guyana’s neighbour Brazil, recognising that the new oil-producing country is poised for major transformational development in coming years, has committed once again to working with authorities here on major road, port and energy projects. During a virtual briefing with Roraima Senator Chico Rodrigues on Tuesday, Brazil’s Minister of Economy Paulo Guedes said the country wants... Continue Reading →

September 7, 2020 0