Brought to you by Quest Offshore & Southern Cone Consultants
(Bloomberg) -- Pension reform optimism and a narrow current account deficit are still not enough to get some of Brazil’s top fund managers to bet on the nation’s currency. Given economic fundamentals, the real could be trading at about 3.30 per dollar, said Luis Stuhlberger, a Sao Paulo-based founding partner at Verde Asset Management, which... Continue Reading →
Rio de Janeiro, July 5, 2019 - Petróleo Brasileiro SA - Petrobras, in relation to the news published in the media, regarding the sale of Liquigás Distribuidora SA, clarifies that this divestment project is in the binding phase, as disclosed to the market in June 20, 2019. In the previous phase of the project, Petrobras... Continue Reading →
Rio de Janeiro, July 05, 2019 - Petróleo Brasileiro S.A. - Petrobras informs that in connection to the press released of May 7th, 2019 is paying today Interest on Capital (IOC), as defined in art. 9, sole paragraph of its Bylaws. The gross value to be distributed, totaling R$ 1,304,420,126.10, corresponds to a gross amount... Continue Reading →
July 3, 2019 Petrobras announced the notice to the market and the preliminary prospectus of the public offer of secondary distribution of common shares issued by Petrobras Distribuidora S.A. (BR) and owned by Petrobras. The operation follows the terms of CVM Instruction No. 400/2003, CVM Instruction 471/2008 and the Code of Agreed Activities of ANBIMA... Continue Reading →
July 1, 2019 – Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary, Petrobras Global Finance B.V. (“PGF”), has commenced cash tender offers to repurchase certain of its outstanding U.S. Dollar-, Euro- and Pound Sterling-denominated notes (the “Tender Offers”). Continue reading
Caixa Economica Federal raised about 7.3 billion reais (S$2.57 billion) by selling a stake in oil and gas giant Petroleo Brasileiro SA (Petrobas) as Brazil's biggest state-owned lender works to help the government reduce its debt. Caixa sold about 241.3 million shares at 30.25 reais apiece, according to a person familiar to the matter who... Continue Reading →
YPF SA, Argentina’s biggest oil company, sold overseas bonds for the first time in more than a year after a plunge in borrowing costs opened a window of opportunity. The driller issued $500 million of 10-year, dollar-denominated notes to yield 8.75%, according to people familiar with the offer, who asked not to be identified because... Continue Reading →
See attached 3Q, 2017 Financial Statements in USD and Results Announcement Petrobras 3Q 2017 Financial Statements Petrobras 3Q 2017 Results Annoucement
Rio de Janeiro - November 13th, 2017 - JAN-SEP OF 2017 RESULTS - Derived from consolidated interim financial information reviewed by independent auditors, prepared in accordance with International Financial Reporting Standards - IFRS. Net income R$ 0.266 billion Production 2.776 Mbbl/d Adjusted EBITDA R$ 63.6 million Main highlights Main financial highlights Net Income of R$... Continue Reading →
Rio de Janeiro, November 6, 2017 - Petróleo Brasileiro S.A. – Petrobras reports that it has executed debt prepayment (US$ 1.28 billion), renegotiation of existing debt (US$ 1.6 billion) and new financing operation (US$ 300 million), according to the tables below. The company will continue to assess new prepayment and funding opportunities pursuant to its... Continue Reading →
Brazil Energy Insight 