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August 14, 2019 The Petro Rio SA ("PetroRio" or "Company") (B3: PRIO3) presents its results for the second quarter of 2019 ("2Q19"). The financial and operational information described below, except where indicated otherwise, is presented on a consolidated basis and in Reais (R$) in accordance with International Financial Reporting Standards (IFRS) and includes the Company's... Continue Reading →
Tokyo, August 15, 2019 MODEC, Inc. ("MODEC", Head Office: Chuo-ku, Tokyo; President and CEO: Yuji Kozai) is pleased to announce that an affiliate of MODEC has issued a project bond in the international capital markets outside Japan to refinance a Floating Production Storage and Offloading (FPSO) vessel chartered to the TUPI consortium led by Petróleo... Continue Reading →
August 14, 2019 Petróleo Brasileiro S.A. – Petrobras reports that today it fully prepaid a financing contract with China Development Bank (CBD) due in 2024, totaling US$ 3 billion. The company also notified CBD on the advanced payment of another loan, in the amount of US$ 5 billion and whose maturity would be in 2027,... Continue Reading →
August 14, 2019 Petrobras President Roberto Castello Branco told a hearing yesterday at the Senate Infrastructure Commission that the company will invest approximately $ 100 billion over the next 5 years. Asset divestitures, on the other hand, are expected to reach up to $ 35 billion in the period. "These are choices. You take money... Continue Reading →
August 12, 2019 Petróleo Brasileiro S.A. – Petrobras reports that today it has prepaid the Term of Financial Commitment (TFC) FAT/FC (“Term”), in the amount of R$ 2.7 billion, whose maturity would be in 2028. The Term resulted from the Reciprocal Obligations Agreement (AOR) signed with Petros and various trade unions in 2006 aiming at... Continue Reading →
The executive director of Brazilian oil and gas company PetroRio has resigned from his positions within the firm. PetroRio said on Thursday that Blener Braga Cardoso Mayhew resigned several positions within the company due to personal reasons. At a meeting held on August 8, PetroRio’s board of directors accepted his resignation, and left his duties... Continue Reading →
August 9, 2019 - Petróleo Brasileiro S.A. Petrobras reports that today it signed an SPE with 3R Petroleum S.A., a wholly owned subsidiary of 3R Petroleum e Participações S.A., a contract for the sale of its entire working interest in a set of onshore and maritime producing fields in the Potiguar Basin, denominated Macau Cluster,... Continue Reading →
JULY 2019 Operational Data Rio de Janeiro, August 9, 2019 - Petro Rio S.A. ("Company" or "PetroRio") (B3: PRIO3), following best practices in corporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of July. 1 - Accounts for the daily average of the 6-day period in which PetroRio operated the... Continue Reading →
August 9, 2019 Petróleo Brasileiro SA – Petrobras announces that its General Shareholders' Meeting approved today the delisting of its common and preferred shares from Bolsas y Mercados Argentinos (BYMA) and the withdrawal from public trading in Argentina. The withdrawal from public trading still depends on the approval of the Argentine capital markets regulator. This... Continue Reading →
August 9, 2019 Petróleo Brasileiro S.A. – Petrobras informs that today it signed a Conduct Adjustment Agreement in the amount of R$ 814.5 million with the State of Rio de Janeiro, the Public Prosecution Office of Rio de Janeiro and the State Institute of Environment, to terminate a public civil action related to the environmental... Continue Reading →
