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Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news published in the media, informs that there is no decision from the Executive Board or the Board of Directors in relation to the process of divestment or increase of interest in Braskem. Petrobras is currently developing analyses to define the best alternative for executing its... Continue Reading →
(PN) As of today, the domestic Oil & Gas market will have a new company operating ultra-deep water drilling assets. Created from the restructuring of the Ocyan Drilling Unit, Foresea is born with a totally independent operation and with great potential for new investments. Its main shareholders are international funds. Under the presidency of the... Continue Reading →
(Reuters) - Minority shareholders of Siemens Gamesa on Tuesday approved a capital reduction for the remaining 2.21% stake parent Siemens Energy (ENR1n.DE) does not already own, paving the way for a full integration of the Spanish-based wind turbine maker. "This is an important step in preparing for full integration. Besides, the turnaround program at Siemens Gamesa, Mistral,... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the press releases published on 03/01/2023 and 04/27/2023, informs that it will pay, on Friday, 06/16/2023, the second installment of the complementary dividends referred to the 2022 fiscal year, based on shareholding position as of 04/27/2023, in connection to the Material Fact released on that date. The... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news released in the media, confirms that it met with executives from the Apollo fund and Adnoc, in which occasion it discussed Petrobras' position in the Brazilian petrochemical sector, which is currently under analysis as part of the preparation of its Strategic Plan 2024-28. The company... Continue Reading →
(Bloomberg) — Every morning, more than 600 workers clock in at the Louisiana shipyard where the Eco Edison, the first US-built vessel to service offshore wind farms, is under construction. At quitting time, a parade of pickups and dusty sedans forms a traffic jam on the road back into town, past buildings that serve the... Continue Reading →
May 19, 2023 - Petróleo Brasileiro S.A - Petrobras informs that it answered, on today's date, to the requests contained in Official Letter nr. 386/2023/GM-MME, from the Ministry of Mines and Energy ("MME"), in the terms below: Regarding the denial by IBAMA of the environmental licensing process for Block FZA-M-59 in Amapá Águas Profundas, Petrobras... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it published today the first edition of the Human Rights and Corporate Citizenship Supplement for the year 2022. The supplement presents the company's indicators, goals, and actions related to human rights and corporate citizenship. The document provides annual accountability and reinforces the commitments made by the company: UN... Continue Reading →
(EV) Shell (LON: SHEL) is seeking to sell French floating wind developer Eolfi, a potential retreat from one element of its renewable power plans as new Chief Executive Officer Wael Sawan pushes to deliver greater value to shareholders. The oil major is exploring the sale just a few years after it acquired Eolfi, according to people familiar with the matter, who asked... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that its Executive Board approved yesterday, May 15, 2023, the commercial strategy to define Petrobras' diesel and gasoline prices, replacing the pricing policy for gasoline and diesel commercialized by its refineries. The commercial strategy uses market references such as: (a) the customer's alternative cost, as the value to be... Continue Reading →
Brazil Energy Insight 