01/11/2017 | 08:45 France's Engie and Brazil's Pátria Investimentos are among the 20 groups interested in a controlling stake in Petrobras' pipeline network in the Northeast. Petrobras will receive the first round of non-binding proposals for a 90 percent stake in the Associated Gas Company, known as TAG, by the end of November. Other competitors... Continue Reading →
Rolls-Royce pays $25 million to Petrobras in bribery settlement
Brazilian oil giant Petrobras has received R$81 million as part of Rolls-Royce’s settlement with the Brazilian authorities related to the Lava Jato bribery scandal. Petrobras said on Monday that it received the R$81 million ($24.7M) settlement from the British company last Friday, October 27. According to multiple sources, Rolls-Royce entered into settlements with authorities in... Continue Reading →
PETROBRAS CONCLUDES WELL IN THE LIBRA FIELD
Petrobrás completed the 3BRSA1350RJS well in the Libra field in the pre-salt Santos Basin. The drilling activity was performed on a water depth of 2,098 meters, using the West Carina drill ship. In September, the oil company had already notified the National Petroleum Agency (ANP) about the discovery of hydrocarbon traces in the well.... Continue Reading →
Petrobras begins negotiation with BP towards a Strategic Alliance
Rio de Janeiro, October 31, 2017 – Petrobras informs that has signed a Letter Of Intent (LOI) with BP to jointly identify and evaluate business opportunities involving assets or ventures in Brazil and abroad, which include cooperation on upstream, downstream, gas transportation and marketing, LNG, oil trading, lubricants, aviation fuel, power generation and distribution, renewables,... Continue Reading →
Petrobras 3rd Quarter 2017 Results Release Date
Rio de Janeiro, October 27, 2017 – Petróleo Brasileiro S.A. – Petrobras informs that it will release its 3rd quarter 2017 results on November 13, 2017, after the market is closed. Therefore, between 10/29/2017 and 11/13/2017, the company will be in quiet period, during which it will not be able to comment or provide clarifications... Continue Reading →
Petrobras Result of the Second and Third Bidding Rounds – Production Sharing Regime
Rio de Janeiro, October 27, 2017 - Petróleo Brasileiro S.A. – Petrobras, further to the Material Fact disclosed on May 25, 2017, reports that it has acquired, in partnership with other companies, three offshore blocks in the 2nd and 3rd bidding rounds under the production sharing regime, held today by the National Agency of Petroleum,... Continue Reading →
Petrobras Divestment in the Fertilizer Sector: Start of the non-binding phase
Rio de Janeiro, October 27, 2017 - Petróleo Brasileiro S.A. – Petrobras, further to the Material Fact disclosed on 09/11/2017 and press release disclosed on 09/28/2017 , informs the start of the non-binding phase regarding the process of divesting 100% of its assets in Araucária Nitrogenados SA ("ANSA") and in the Nitrogen Fertilizer Unit III... Continue Reading →
First oil from Libra on November 15
First oil production from the giant Libra oil field offshore Brazil is expected to be achieved on November 15, 2017. According to Brazil’s O’Globo news paper, the new date has been shared by the Petrobras Libra Project Manager, Orlando Ribeiro. O’Globo reports that the new date marks a four month delay compared to the last... Continue Reading →
Petrobras expects bidding for all pre-salt oil blocks on Friday
The world’s top energy companies will compete fiercely for deepwater oilfields Brazil will auction on Friday and all eight pre-salt blocks are likely to be awarded, according to the head of state-run oil giant Petroleo Brasileiro SA. Read more
Petrobras Board of Directors Approves the application for membership to B3’s Level 2 special listing segment of Corporate Governance
Rio de Janeiro, October 26, 2017 - Petróleo Brasileiro S.A. – Petrobras, further to the press release disclosed to the market on June 5, 2017, reports that its Board of Directors approved, at a meeting held yesterday, the company's application for membership to the Level 2 special listing segment of Corporate Governance of B3 (Level... Continue Reading →
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