Rio de Janeiro, January 9, 2017 – Petróleo Brasileiro S.A. – Petrobras announces the pricing of global notes denominated in U.S. Dollars (the “Notes”) to be issued by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”). The Notes will be unsecured obligations of PGF and will be fully and unconditionally guaranteed by Petrobras. Closing is... Continue Reading →
Petrobras announces offering of Global Notes and commencement of Cash Tender Offers
Rio de Janeiro, Brazil – January 9, 2017 – Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”), plans to offer global notes in one or more series (the “Notes”), subject to market and other conditions. The Notes will be unsecured obligations of PGF and will... Continue Reading →
Contract of Independent Audit Firm for 2017 to 2019 Fiscal Years/Petrobras
Rio de Janeiro, December 21, 2016 – Petróleo Brasileiro S.A. – Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors, in a meeting held yesterday, approved hiring KPMG Auditores Independentes (KPMG) to provide independent audit services for the fiscal years from 2017 to 2019, which may be renewed for two more years. After... Continue Reading →
Petrobras – Execution of Commercial and Facility Agreements with the China Development Bank
Rio de Janeiro, December 16, 2016, Petróleo Brasileiro SA – Petrobras informs that it executed yesterday a Facility Agreement with the China Development Bank (CDB) in the amount of US$ 5 billion for a 10-year term. The Agreement is the result of the Term Sheet signed between the parties, as disclosed on February 26, 2016.... Continue Reading →
Petrobras -Amortization of bank financing with BNDES
Rio de Janeiro, November 28, 2016 - Petróleo Brasileiro S.A. - Petrobras, further to the Material Fact disclosed on November 22, 2016, informs that the amount of US$ 1.25 billion received upon the closing of the sale of the stake in the exploration block BM-S-8 to Statoil Brasil Óleo e Gás LTDA is being used... Continue Reading →
Petrobras Renews Financing with Caixa Economica Federal
Rio de Janeiro, November 16, 2016 – Petróleo Brasileiro S.A. – Petrobras informs that it renewed today with Caixa Econômica Federal a loan in the amount of R$ 3.7 billion. The financing has a new maturity date for November 2023 and it is unsecured.
Hidden in Awful Petrobras Earnings Is a Bit of Really Good News
Petroleo Brasilerio SA rattled markets last week when it posted a surprise $4.9 billion loss. Buried in the Brazilian oil giant’s 33-page financial statement was a piece of really good news: Its debt levels have tumbled to the lowest in almost three years. While there’s still a long way to go, the $16 billion reduction... Continue Reading →
Petrobras Results Announcements 3Q 2016
Petrobras Results Announcements at press conference. petrobras-presentation-3q-2016
Webcast/Conference Call Invitation – 3Q16 Results
11/10/2016 Petrobras announces that it will disclose its 3rd quarter 2016 Results on Thursday, November 10, 2016, after market closing. The company would like to invite investors and analysts for the conference call/webcast, with broadcast in Portuguese and simultaneous translation to English, according to the times below: November 11, 2016 (Friday) 2:30 pm (Brasília)... Continue Reading →
Petrobras 3Q 2016 Results
Rio de Janeiro – November 10, 2016 - THIRD QUARTER OF 2016 RESULTS - Derived from consolidated interim financial information reviewed by independent auditors, prepared in accordance with International Financial Reporting Standards - IFRS. Loss R$ 16.5 billion Production 2,869 Mbbl/d Adjusted EBITDA R$ 21,603 million pbr-3q2016-financial-statements pbr-3q2016-results
