Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces the pricing of global notes denominated in U.S. Dollars (the “Notes”) to be issued by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”). The Notes will be unsecured obligations of PGF and will be fully and unconditionally guaranteed by Petrobras. Closing is expected to occur on June 10,... Continue Reading →
Petrobras on the sale of a petrochemical company stake
Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser), regarding the sale of its entire 27.88% stake in Deten Química S.A. (Deten), located in the Camaçari industrial complex, in the state of Bahia. The teaser, which includes key information about the opportunity, as well as the eligibility criteria for... Continue Reading →
Petrobras announces offering of Global Notes and commencement of cash tender offers
Petróleo Brasileiro S.A. – Petrobras announces that its wholly-owned subsidiary, Petrobras Global Finance B.V. (“PGF”), has commenced (i) an offering of U.S. dollar-denominated global notes in the international capital markets (the “New Notes”), subject to market and other conditions (the “New Notes Offering”), and (ii) cash tender offers to purchase any and all of certain of its... Continue Reading →
Petrobras on Board of Directors member nomination
Petróleo Brasileiro S.A. – Petrobras, in clarification to the piece of news of O Globo under the title "Petrobras Board chooses today a new member in indirect election", informs that there is no meeting of the Board of Directors of the company scheduled for today to address this subject. As disclosed in the release dated... Continue Reading →
EXCLUSIVE Brazil probes U.S. oil trader Freepoint in alleged bribery scheme
(Reuters) Authorities in Brazil are investigating senior employees at Connecticut-based trading house Freepoint Commodities for their alleged role in a bribery scheme involving state-run oil company Petrobras, Reuters has learned. Federal police here suspect Freepoint, through an intermediary, routed bribes to Petrobras employees for a roughly seven-year period ending in 2018. Reuters pieced together the... Continue Reading →
Petrobras on resignation of the Board of Directors member
Petróleo Brasileiro S.A. – Petrobras, further to the press release dated April 16, 2021, informs that the resignation of the Board of Directors member, Marcelo Gasparino da Silva, elected through a multiple vote process in the Extraordinary General Meeting of April 12, 2021, became effective today (EGM of April 12,2021). In view of the vacancy... Continue Reading →
Petrobras concludes the sale of Eólica Mangue Seco 2
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on February 26, 2021, informs that today it has concluded the sale of the totality of its 51% interest in Eólica Mangue Seco 2 - Geradora e Comercializadora de Energia Elétrica S.A. (Eólica Mangue Seco 2) to Mangue Seco Participações S.A., invested by Fundo... Continue Reading →
IBAMA GRANTS FPSO SEPETIBA INSTALLATION LICENSE IN CAMPO DE MERO
(PetroNoticias) The Brazilian Environment Institute (Ibama) granted the installation license for the FPSO Sepetiba, the second platform vessel to be installed in the Mero field, in the Santos Basin pre-salt. The document will be valid until May 2025 and also covers the collection and disposal system associated with the vessel. The Sepetiba FPSO should start... Continue Reading →
Yinson’s price surprises the market for FPSO charter contract for Parque das Baleias
(PetroleoHoje) Yinson has a great chance of winning the FPSO charter contract for the Parque das Baleias Integrated System, in case Petrobras chooses to proceed with the bidding. The group presented a daily fee of US $ 647,746, which is higher than the offer in the original bid, but still below the price projected by... Continue Reading →
Petrobras about Shareholders Meeting
Petróleo Brasileiro S.A. – Petrobras, in relation to news published in the media about the report of the Brazilian Securities and Exchange Commission (CVM) about the Board of Directors members election that took place at the Extraordinary General Meeting on April 12, 2021 (EGM), clarifies that no irregularities in the voting process were found. In the... Continue Reading →