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Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 01/14/2019, informs that the Federal Supreme Court judged, by majority of votes, dismissing the direct action of unconstitutionality (ADI 5942/DF) that questioned the Decree 9,355/2018, edited to regulate the special procedure for assignment of rights to exploration, development and production of oil, natural... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, further to the notice published on December 18, 2018, hereby announces that, after adjustments made to the regulations of the Petros 3 Plan (PP3), its Board of Directors resolved to submit the new plan proposal for analysis of the Secretariat for Coordination and Governance of State-Owned Companies (SEST) and the National... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the releases disclosed on 08/03/2020 and 09/29/2020, informs that on September 30, 2020, the Public Session was held in person to open the commercial bids of the bidders interested in the leasing of the Bahia LNG Regasification Terminal (TR-BA) and associated facilities, and the following companies attended:... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that today the plenary composition of the Supreme Federal Court (STF), by majority vote, denied the preliminary injunction request formulated by the Federal Senate and Congress comitees regarding the Complaint 42576 to suspend the processes of divestment in refining and their respective logistic assets. Therefore, the company will continue... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors, in a meeting held today, approved the adhesion to the ICMS debt and interest penalty reduction programs (Amnesties), according to the CONFAZ regulations ICMS 146/2019 and 51/2020, instituted by the states Espírito Santo and Rio de Janeiro, respectively. The total amount of contingencies to... Continue Reading →
The Supreme Federal Court (STF) has decided that Petrobras can proceed with the sale of half of its refining park. The voting score ended 6 to 4 in favor of the oil company. As is well known, the judgment on the theme in the Court originated after the Senate and Chamber of Deputies questioned the... Continue Reading →
Petrobras' asset portfolio reorganization program, which foresees the sale of eight refineries, is vital to the health of the company that remains the "most indebted oil company in the world", said the lawyer for the state-owned company, Tales David. Macedo, in support of the Federal Supreme Court (STF). The judgment, in an action against sales... Continue Reading →
(Reuters) - Liquefied natural gas firm Hygo Energy Transition Ltd HYGO.O has postponed its planned New York initial public offering for several weeks and may scrap the listing entirely after its CEO was named in the early stages of a corruption investigation in Brazil, two sources familiar with the matter said. Eduardo Antonello, who has not been... Continue Reading →
Golar LNG said on Tuesday Hygo Energy Transition Ltd Chief Executive Officer Eduardo Antonello has taken leave of absence with immediate effect, following a corruption investigation involving him in Brazil. Golar said Antonello's leave was in no way linked to any action or misconduct during his tenure at Hygo Energy, a liquefied natural gas transport... Continue Reading →
In view of the facts revealed in the 75th phase of Operation Lava Jato related to the Golar Power Group, Petrobras informs that a review of this supplier's Integrity Analysis is in progress. This analysis is done regularly with all the company's suppliers and assigns different Degrees of Integrity Risk (GRI). Any change in the... Continue Reading →
Brazil Energy Insight 