Brazil oil production breaks record in 2020

Brazil produced, on average, 2.938 million barrels / day last year, up 5.5% compared to 2019, according to ANP Brazilian oil production broke a record in 2020. In a year marked by an unprecedented contraction in global demand, the country produced, on average, 2.938 million barrels a day last year, representing an increase of 5.5%... Continue Reading →

Petrobras on approval of Petros Plan 3

Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on January 18, 2021, informs that the Secretariat for Coordination and Governance of State-Owned Companies (SEST) and the National Private Pension Superintendence (PREVIC) approved the Petros Plan 3 (PP-3). PP-3 will be a private pension option exclusively aimed to voluntary and timely migration of... Continue Reading →

Petrobras on agreement with Sete Brasil

Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on November 12, 2020, informs that it has received a notification from the Sete Brasil in which: (a) it indicates that will not comply with certain conditions set forth in the agreement that should be fully met by January 31, 2021; and (b) requests... Continue Reading →

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