Petrobras announces redemption prices for two series of notes

Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices to the holders of the outstanding 4.250% Global Notes due 2023 (“4.250% Notes”) and 4.375% Global Notes due 2023 (“4.375% Notes” and, together with the 4.250% Notes, the “Notes”) announcing the redemption prices for... Continue Reading →

Karoon, Pitkin Settle Peru Differences

Australian oil and gas firm Karoon Energy has reached a settlement agreement with Pitkin Petroleum over a dispute related to Block Z-38, offshore Peru.  Back in May, Pitkin Petroleum sent a notice of the dispute to Karoon Energy, related to the joint operating agreement in respect of Block Z-38, offshore Peru in which the two... Continue Reading →

Petrobras on Petros Plan 3

Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on July 21, 2021, informs that, as scheduled, it concluded today the settlement of the Term of Commitment entered into with Fundação Petrobras de Seguridade Social (Petros) relating to the migration process of the Renegotiated and Non-Renegotiated Petrobras System’s Petros plans (PPSP-R and PPSP-NR)... Continue Reading →

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