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(Reuters) - Occidental Petroleum Corp on Monday posted a larger-than-expected fourth-quarter loss despite higher oil and gas prices as an asset sale weighed on results. The U.S. producer has slashed jobs and output after the coronavirus pandemic hammered global energy demand, pressuring an energy company that had loaded up on debt in 2019 to acquire... Continue Reading →
(Reuters) 3R Petroleum (RRRP3) will present to its shareholders, investors and the market in general the preliminary and unaudited operational data referring to the monthly production of the assets in which the oil company holds interest. Regarding the Macau Cluster, total production in January grew by 3.8%, compared to December, and totaled 4,683 barrels of... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on November 19, 2020, informs the beginning of the binding phase regarding the sale of all of its stakes in a set of 11 onshore production field concessions, with integrated facilities, located in the state of Sergipe, jointly called the Carmópolis Cluster. Potential buyers... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, regarding a piece of news published on the media about the sale of the refineries, clarifies that the dates for the signing of the purchase and sale contracts and for their effective transfer to the buyers (respectively signing and closing) are internal estimates subject to alterations, since they depend on... Continue Reading →
(Reuters) - A consortium of Talos Energy Inc, private equity firm EIG Global Energy Partners, Enauta Participacoes SA and 3R Petroleum Oleo e Gas SA has submitted a non-binding offer for Brazilian oilfields Albacora and Albacora Leste, four sources familiar with the matter told Reuters. The exact value of the bid submitted to Brazil’s state-led... Continue Reading →
Petróleo Brasileiro S.A. –Petrobras following up on the release disclosed on December 23, 2020, informs that its wholly-owned subsidiary Petrobras Biocombustível S.A. (PBio) completed today the sale of all its shares (50% of the company's capital) issued by BSBios Indústria e Comércio de Biodiesel Sul Brasil S/A (BSBios) to the company RP Participações em Biocombustíveis... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has concluded the final round of the binding phase of the sale process of the Landulpho Alves Refinery (RLAM) and its associated logistics assets, in Bahia, in which Mubadala Capital presented the best final offer in an amount of US$ 1.65 billion. The signing of the purchase and... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on October 2, 2020, informs that its indirect subsidiary Petrobras Uruguay Sociedad Anónima de Inversión (PUSAI), concluded today the sale of its entire stake in Petrobras Uruguay Distribución S.A. (PUDSA), in Uruguay, to Mauruguay S.A., an indirect wholly-owned subsidiary of Disa Corporación Petrolífera S.A.... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on December 23, 2020, informs the beginning of the non-binding phase regarding the sale of its 51% stake in Transportadora Brasileira Gasoduto Bolivia-Brasil S.A. (TBG) and 25% stake in Transportadora Sulbrasileira de Gás S.A. (TSB). Potential buyers qualified for this phase will receive a... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on November 28, 2019, informs that it has concluded today the sale of its 30% participation in the Frade field, located in the Campos Basin, north coast of the state of Rio de Janeiro, to PetroRio Jaguar Petróleo Ltda., a subsidiary of Petro Rio... Continue Reading →
