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(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 →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on October 1, 2020, informs that it published today the Call for the second bidding process to lease the Bahia LNG Regasification Terminal (TR-BA) and associated facilities, in the State of Bahia, in line with the Agreement for the natural gas market, entered into... Continue Reading →
- 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 →
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 →
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 →
(Reuters) - Brazil’s government is considering using some of the proceeds from an upcoming oil auction to create a fund that would protect domestic consumers from swings in fuel prices, a source with direct knowledge of the matter told Reuters. The proceeds would come from the planned November auction of the Atapu and Sepia deepwater... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that the Extraordinary General Meeting, held today, exclusively under the digital format, analyzed and approved, by majority vote, the following: I. Removal of Mr. Roberto da Cunha Castello Branco from the position of member of the Board of Directors of Petrobras, which, pursuant to the provisions... Continue Reading →
(Reuters) -Shareholders in Brazil’s Petrobras voted on Monday to remove Roberto Castello Branco as CEO, and elected his government-picked successor to the board of directors, but discontent among some investors threatens to drag out the transition process. The dismissal of Castello Branco, while widely expected, is an important step in the government’s plan to place... Continue Reading →
(Reuters) - For many investors, the appointment of former army general Joaquim Silva e Luna as the new chief executive of Brazil’s state-run oil company Petrobras was unexpected - and unwelcome. President Jair Bolsonaro announced the 71-year-old Luna would take the helm of Petroleo Brasileiro SA, as the firm is formally known, in a Facebook... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has entered into, together with its subsidiary Petrobras Gás S.A. ("Gaspetro"), an instrument of transaction to put an end of a pending legal dispute with Termogás S.A. ("Termogás"). This instrument allows Termogás to acquire shares of Companhia Maranhense de Gás ("Gasmar") held by Gaspetro, which corresponds to... Continue Reading →
