Petrobras on the sale of Araucária Nitrogenados S.A.

Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 10/30/2020, informs that, observing the applicable internal governance, the termination of the competitive process for the sale of all its shares in the wholly owned subsidiary Araucária Nitrogenados S.A. (ANSA), which was in the binding phase,  was approved. Petrobras will evaluate its next... Continue Reading →

Petrobras on the Bahia Terra Cluster

Petróleo Brasileiro S.A. – Petrobras informs that, after an audit carried out by the National Agency of Petroleum, Natural Gas, and Biofuels (ANP), it received, on 12/12/2022, an interdiction notice for the shutdown of operations in 37 onshore oil and gas production facilities in Bahia. The Company is taking the necessary measures for the safe... Continue Reading →

With inroads made in Sonangol and INA deals, UK firm expects entry into Angola early next year

(OET) UK-headquartered and AIM-listed company Afentra plc has made progress on completing deals with Angola’s state-owned oil and gas company Sonangol and Croatia’s INA-Industrija Nafte, which will allow it to acquire interests in blocks offshore Angola. Back in April 2022, Afentra announced that its wholly-owned subsidiary, Afentra (Angola), had signed a Sale and Purchase Agreement (SPA) with Sonangol to acquire a 20... Continue Reading →

Petrobras on sale of stake in petrochemicals 

Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed  on 10/27/2022, informs that it has started today the binding phase concerning the sale of all its equity interest, corresponding to 34.54% of the total capital, in the company METANOR S/A - Metanol do Nordeste (Metanor), headquartered in Camaçari, in the state of Bahia.... Continue Reading →

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