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 →

Rio de Janeiro, October 27, 2017 – Petróleo Brasileiro S.A. – Petrobras informs that it will release its 3rd quarter 2017 results on November 13, 2017, after the market is closed. Therefore, between 10/29/2017 and 11/13/2017, the company will be in quiet period, during which it will not be able to comment or provide clarifications... Continue Reading →

Rio de Janeiro, October 25, 2017 – Petróleo Brasileiro S.A. – Petrobras reports that its Board of Directors approved today accession to the non-Tax Debt Settlement Program (Programa de Regularização de Débitos não Tributários, "PRD"), according to Law no. 13.494, of October 24, 2017. PRD allows the inclusion of government take debts with the National... Continue Reading →

Rio de Janeiro, October 23, 2017 - Petróleo Brasileiro S.A. – Petrobras informs that, in a trial held on October 19, 2017, the Third Class of the Federal Regional Court of the 2nd Region rendered an unfavorable decision to the company, considering that the remittances for payment of chartering of mobile oil platforms, from 1999... Continue Reading →

Rio de Janeiro, October 19, 2017 – Petróleo Brasileiro S.A. - Petrobras informs that the Administrative Board of Tax Appeals (CARF) issued yesterday a decision, unanimously, in favor of the company, in an fiscal administrative proceeding in the amount of R$ 7.8 billion, related to the moment of deductibility of expenses incurred by Petrobras in... Continue Reading →

The sins of the past are about to follow 80,000 active and retired Petrobras workers 18 years into the future.  That’s the time frame for a plan, nearing approval, that will trim their monthly paychecks by as much as 40 percent to keep their private pension fund solvent. The cutbacks proposed by Petroleo Brasileiro SA target a... Continue Reading →

Decision is made on improvement of liquidity, deleveraging, administrative discipline and strengthening of corporate governance By Marta Nogueira, Reuters Posted on Oct 17 2017, 12h38 Rio de Janeiro - Risk rating agency Moody's upgraded Petrobras' credit rating to Ba3, ahead of B1, and changed its outlook from positive to stable, according to a statement released on Tuesday. The... Continue Reading →

Rio de Janeiro, October 2, 2017 - Petróleo Brasileiro S.A. – Petrobras reports that it has executed prepayment, renegotiation and new financing operations, in the total amount of US$ 6,3 billion, according to the tables below. Additionally, the company settled a financing operation with the bank BNDES, linked to the Nitrogen Fertilizer Unit III ("UFN-III"),... Continue Reading →