(Reuters) Joaquim Silva e Luna, the new chief executive of Brazil's Petrobras (PETR4.SA), will look to respect the company's current pricing policy and keep investing in deepwater assets, he said at his swearing-in ceremony on Monday. The comments by the former army general signaled that Petrobras' incoming administration will attempt to maintain some form of continuity... Continue Reading →
Equinor shareholders to vote on energy transition plan
Norwegian energy giant Equinor has informed, ahead of the 2021 Annual General Meeting, that starting in 2022 it will submit its energy transition plan for advisory vote to shareholders at its Annual General Meeting. Equinor said on Monday it will update the plan every three years for an advisory vote and progress on the plan... Continue Reading →
Petrobras approves the election of CEO and Chief Officers
Petróleo Brasileiro S.A. – Petrobras informs that the company's Board of Directors, in a meeting held today, elected Joaquim Silva e Luna to the position of CEO of the company.The Board of Directors, as part of the process of composing the Petrobras´ Board of Executive Officers, also approved the following appointments: 1- Election of... Continue Reading →
EXCLUSIVE Petrobras mulls insiders to fill key management vacancies -sources
(Reuters) Incoming Petrobras CEO Joaquim Silva e Luna, an army veteran with no oil experience, has endorsed four career executives to head up key company divisions rather than bringing in more outsiders, people with knowledge of the matter said on Thursday. The board of directors of Petroleo Brasileiro SA , as Brazil's state-controlled company is... Continue Reading →
Shell to Produce Majority of Oil and Gas Reserves by 2050. Plays Down Stranded Assets Risk
Royal Dutch Shell said on Thursday the majority of its oil and gas reserves will be produced by 2050, playing down the risk of stranded assets as it prepares to reduce its greenhouse gas emissions in the coming decades. The disclosure is a rare admission by a major oil and gas company that some of... Continue Reading →
Petrobras on Annual and Extraordinary General Meetings
- Petróleo Brasileiro S.A. – Petrobras informs that the Annual and Extraordinary General Meeting, held today, exclusively under the digital format analyzed and approved, by majority vote, the following: ANNUAL GENERAL MEETING I. Assessing the Management’s accounts, examining, discussing and voting on the Management’s Report and the Company’s Financial Statements, with... Continue Reading →
Petrobras on approval of dividend payment at Annual General Meeting
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on February 24, 2021, informs that, in a meeting held today, the Annual General Meeting approved the proposal for allocation of the 2020 fiscal year results forwarded by the Board of Directors, of remuneration to shareholders in the form of dividends in the amount... Continue Reading →
Petrobras confirms the holding of the Annual General Meeting
Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news in the media, informs that it became aware of an injunction decision of the Federal Regional Court of the 1st Region, issued today, which suspended, among other things, the migration of the operational management of the Petrobras health care plan for Associação Saúde Petrobras and... Continue Reading →
Chevron, Moreld Invest in Floating Wind Tech Firm Ocergy
Oil major Chevron has, via its Chevron Technology Ventures (CTV), entered the offshore wind arena through investment in Ocergy, a company developing floating offshore wind turbine foundation technology and environmental monitoring buoy. Ocergy, Inc, a company with offices in Oakland, California, and in Aix-en-Provence, France, said Tuesday it had secured investments from Chevron Technology Ventures (CTV) and the... Continue Reading →
PETRORIO CHANGES IN MANAGEMENT
CHANGES IN MANAGEMENT Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3), in compliance with article 157 of Law 6404/1976, with CVM instruction 358/2002, and article 26 of the Novo Mercado Regulation, informs its shareholders and the market of the election of Mr. Milton Salgado Rangel Neto to the position of Chief Financial Officer of the... Continue Reading →