(WO) Petro-Victory Energy Corp. secured 19 new oil and gas blocks in the company's core operating area, the Potiguar Basin onshore Brazil, the company announced. This acquisition cements Petro-Victory's status as one of the largest landholders in the highly petroliferous basin. Petro-Victory secured the blocks by participating in the Agencia Nacional do Petroleo Gas Natural e... Continue Reading →
Petrobras begins binding phase of E&P assets in the Gulf of Mexico
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 02/16/22, informs that today it started the binding phase regarding the sale of the entire 20% stake held by its subsidiary Petrobras America Inc. (PAI) in the company MP Gulf of Mexico, LLC. (MPGoM), located in Texas, USA, which owns offshore fields in... Continue Reading →
Petrobras announces final results and settlement of cash Tender Offers
Petróleo Brasileiro S.A. – Petrobras, in addition to the announcement made on April 12, 2022, announces that it has today completed the global bond repurchase offer made by its wholly-owned subsidiary Petrobras Global Finance B.V. (PGF). The following tables set forth the aggregate principal amount of Notes validly tendered and accepted for purchase in the... Continue Reading →
Ibama grants Petrobras operating license for FPSO Guanabara in Mero
The Brazilian Institute of the Environment (Ibama) granted Petrobras the operating license for the FPSO Guanabara, the first definitive unit in the Mero field, in the Santos Basin. The document will be valid for eight years. The platform ship arrived at the field in February to carry out operational tests. The FPSO Guanabara was converted... Continue Reading →
Petrobras elects new CEO, who pledges to maintain pricing policies
(Reuters) - Brazilian state-run oil company Petrobras (PETR4.SA) on Thursday formally elected Jose Mauro Coelho as its chief executive for a one-year term, ending weeks of turmoil in which the government struggled to fill the top position. Coelho, a government technocrat, pledged to maintain the company's current pricing policy, a controversial topic that ultimately helped bring down... Continue Reading →
Petrobras files 2021 Sustainability Report
Petróleo Brasileiro S.A. – Petrobras informs that it filed today its 2021 Sustainability Report. The report describes Petrobras' main activities, initiatives, management practices, indicators and commitments related to environmental, social and governance (ESG) issues. The report presents our contributions to society, as the distribution of values to employees, federal, state, and municipal governments, through the... Continue Reading →
Petrobras on Annual and Extraordinary General Meetings
Petróleo Brasileiro S.A. – Petrobras informs that the Annual General Meeting, held on 04/13/2022, 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 the report from the independent auditors... Continue Reading →
3R Petroleum Participation on 3rd Cycle of the ANP Permanent Offer
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), pursuant to CVM Resolution No. 44, informs its shareholders, investors and the market in general that it participated in the 3rd Cycle of the Permanent Offer of the National Petroleum, Natural Gas and Biofuels Agency (“ANP”), on this date, and acquired the concession right... Continue Reading →
Petrobras on receiving compensation for Atapu
Petróleo Brasileiro S.A. – Petrobras informs that it received today, at sight, the amount of R$ 5.26 billion from Shell Brasil Petróleo Ltda. - Shell, referring to its share of 25% in the compensation for Atapu, a block acquired by the consortium composed by Petrobras (52.5%), Shell (25%) and Total Energies EP Brasil Ltda. -... Continue Reading →
Petrobras approves dividends payment
Petróleo Brasileiro S.A. – Petrobras, following up on release disclosed on February 23, 2022, informs that, in a meeting held today, the Annual General Meeting (AGM) approved the remuneration to shareholders relative to the Fiscal Year 2021 in the amount of R$ 7.773202 per outstanding share (common or preferred). This amount includes the prepayments already... Continue Reading →