Clarification of News Item: No Conflict of Interest between the Presidency of Petrobras and the Chair of the Board of Directors of the BM&FBOVESPA

Rio de Janeiro, June 6, 2016 – Petróleo Brasileiro S.A. – Petrobras hereby responds to Official Letter 237/2016-CVM/SEP/GEA-1.which requests the following clarifications: Official Letter 237/2016-CVM/SEP/GEA-1 “Dear Officer, We refer to the Notice to the Market disclosed by BM&FBOVESPA S.A. – Securities, Commodities and Futures Exchange on May 20, 2016, which contains the following affirmations: BM&FBOVESPA... Continue Reading →

Petrobras CEO Parente returns to fix company again

New chief executive of Brazil's state-run oil company Petroleo Brasileiro SA, Pedro Parente, gestures during his inauguration ceremony in Rio de Janeiro, Brazil, June 2, 2016. REUTERS/SERGIO MORAES The man who oversaw the transformation of Petrobras from a lumbering state oil monopoly into a thriving public-private partnership more than a decade ago is back in... Continue Reading →

Petrobras – New CEO and changes to Management

Rio de Janeiro, May 30, 2016 - Petróleo Brasileiro S.A. - Petrobras hereby announces that it received today a letter of resignation from Mr. Aldemir Bendine of Petrobras’ Board member and CEO positions. Additionally, Mr. Aldemir Bendine also resigned today, the office of Member of the Board of Petrobras Distribuidora – BR. In light of... Continue Reading →

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