Petróleo Brasileiro S.A. - Petrobras discloses its proved reserves of oil, condensate and natural gas, according to SEC (US Securities and Exchange Commission) regulation, estimated at 8.816 billion barrels of oil equivalent (boe), as of December 31, 2020. Oil and condensate, and natural gas correspond to 86% and 14% of this total, respectively. In 2020, we... Continue Reading →
Petrobras on Chief Refining and Natural Gas Officer
Petróleo Brasileiro S.A. - Petrobras informs that its Board of Directors, in a meeting held today, approved the dismissal of Anelise Quintão Lara and elected Rodrigo Costa Lima e Silva as Chief Refining and Natural Gas Officer. The Refining and Natural Gas Office is responsible for the industrial operations of refining and natural gas and is... Continue Reading →
PETRO RIO CLOSING OF THE ACQUISITION OF 30% INTEREST IN FRADE
Petro Rio S.A. ("Company" or "PetroRio") (B3: PRIO3), in accordance with art. 26 of the Novo Mercado Regulation, and in addition to the Material Fact of November 28, 2019, informs its shareholders that the country’s National Petroleum, Gas and Biofuels Agency (“ANP”) has approved the concession of the 30% interest in Frade Field, currently held... Continue Reading →
The last of the four relief vessels contracted by Petrobras, the Eagle Passos performs its first operation in the Santos Basin pre-salt
Eagle Passos, the last of the four new relievers hired to increase Petrobras' flow capacity, concluded this Tuesday its first oil transfer operation, carried out in the Tupi field, in the Santos Basin. The oil, collected from the P-67 and Cidade de Saquarema platforms, was subsequently unloaded from Eagle Passos to an export vessel in... Continue Reading →
Petrobras on refinery sales
Petróleo Brasileiro S.A. - Petrobras, regarding the news published in the media on the divestments progress of the refineries, clarifies: (i) the company has received a binding proposal for the sale of Alberto Pasqualini Refinery (REFAP), in Rio Grande do Sul, and is in the negotiation phase with Ultrapar Participações S.A.; (ii) the company has... Continue Reading →
Exclusive: Brazil’s Ultrapar leads negotiation for Petrobras’ refinery Refap – sources
(Reuters) Brazilian group Ultrapar Participacoes SA offered the highest price for Petrobras’ refinery Refap and is leading talks to acquire the facility in the southern state of Rio Grande do Sul, three people close to the matter said. Brazil has been trying sell eight refineries, which would end Petrobras’s virtual monopoly in the country’s refining... Continue Reading →
Petrobras on the new pension plan (PP-3)
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on October 1, 2020, informs that the Petros Deliberative Council and the company's Board of Directors have approved a new version of the documentation for the opening of the Petros Plan 3 (PP-3) and migration process, after the conclusion by Petros of the adjustments... Continue Reading →
Petrobras on amendments to the agreements with CADE
Rio de Janeiro, January 18, 2021 - Petróleo Brasileiro S.A. - Petrobras in relation to the news published in the media clarifies that the company did not sign the amendment to the Commitment Agreement (“TCC”) signed with the Administrative Council for Economic Defense (CADE) for the refining market. The draft of the amendment was approved... Continue Reading →
Petrobras prioritizes quality, price and delivery in contracting platforms
Proposals for the construction of the P-78 and P-79 platforms will be delivered on February 1 In continuity with its development strategy for the Búzios field, in the Santos Basin pre-salt, on February 1, Petrobras will receive proposals from pre-qualified companies for the bidding for the construction of platforms P-78 and P -79. The bidding... Continue Reading →
Petrobras starts binding phase of North Capixaba Cluster
Petróleo Brasileiro S.A. - Petrobras, following up on the press release disclosed on September 29, 2020, informs the beginning of the binding phase regarding the sale of the totality of its stakes in a set of four onshore field concessions, with integrated facilities, jointly named North Capixaba Cluster, located in the state of Espírito Santo.... Continue Reading →