Brought to you by Quest Offshore & Southern Cone Consultants
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on August 26, 2020, informs that it sent today to Petrobras Distribuidora S.A. (BR) a letter requesting cooperation to implement the secondary public offering (follow on) for the sale of its remaining 37.50% interest in the capital stock of that company whose execution will... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news published in the media concerning the sale of its entire remaining 37.5% stake in the capital of Petrobras Distribuidora S.A. (BR), clarifies that, as disclosed on 08/26/2020, the company's Board of Directors approved, on that date, the mentioned operation, by means of a secondary public... Continue Reading →
Petrobras has the approval of the Brazilian antitrust agency for the sale of its Landulpho Alves (RLAM) refinery, in Bahia, to Mubadala Investment Company, a sovereign fund of the Abu Dhabi government. The Administrative Council for Economic Defense (Cade) approved the transaction without restrictions, according to a publication in the Federal Official Gazette this Wednesday... Continue Reading →
(TNPetroleo) After the unsuccessful attempt to auction off the production surpluses from the Sépia and Atapu pre-salt blocks, on November 6, 2019, the government decided to carry out a broad change in the parameters that guide the supply of these areas. Either directly, through the significant reduction of government participation in the revenue that will... Continue Reading →
Oil and gas company Tullow Oil has completed the sale of its Dussafu Marin permit asset in Gabon to Oslo-listed Panoro Energy. Tullow Oil said on Wednesday that it had already received a payment of $39 million for the Dussafu asset earlier in the day as well as a $5 million contingent consideration relating to... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, regarding the piece of news published in the media, reaffirms that its stake in Braskem is part of the portfolio of assets for sale by the company, as disclosed in the Strategic Plan 2021-2025. There is still no definition or decision about the sale model, as already released. The company... Continue Reading →
(Reuters) Brazilian energy company Raizen, a joint venture between Royal Dutch Shell Plc (RDSa.L) and local group Cosan SA (CSAN3.SA), has agreed to acquire Shell's lubricant businesses in Brazil, including a blending plant and a terminal in the state of Rio de Janeiro. In a securities filing on Monday, Cosan said the agreement signifies "the acquisition of the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser), regarding the sale of its entire 27.88% stake in Deten Química S.A. (Deten), located in the Camaçari industrial complex, in the state of Bahia. The teaser, which includes key information about the opportunity, as well as the eligibility criteria for... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on February 26, 2021, informs that today it has concluded the sale of the totality of its 51% interest in Eólica Mangue Seco 2 - Geradora e Comercializadora de Energia Elétrica S.A. (Eólica Mangue Seco 2) to Mangue Seco Participações S.A., invested by Fundo... Continue Reading →
(WO) Shell Oil Company, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its interest in Deer Park Refining Limited Partnership, a 50-50 joint venture between Shell Oil Company and P.M.I. Norteamerica, S.A. De C.V. (a subsidiary of Petroleos Mexicanos, or Pemex). The transaction will transfer Shell’s interest in... Continue Reading →
