Rio de Janeiro, September 25, 2017 – Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) today announced the expiration and expiration date results of the previously announced offers to exchange (the “Exchange Offers”) by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”), relating to five series of its outstanding notes set forth in the tables... Continue Reading →
Petrobras Clarification on News
Rio de Janeiro, September 22, 2017 - Petróleo Brasileiro S.A. – Petrobras, in relation to the news published in the media about an alleged arbitration brought by minority shareholders, clarifies that it has not been notified by the Arbitration Chamber of São Paulo Stock Exchange (B3). If notified, Petrobras shall take all legal measures to... Continue Reading →
Petrobras – Onshore Opportunity Disclosure – Teasers
Rio de Janeiro, September 22, 2017 – Petróleo Brasileiro S.A. – Petrobras reports that it has initiated the opportunity disclosure stage (Teasers) related to the full sale of its exploration, development and production rights in five sets of onshore fields (totaling 19 concessions), located in Ceará, Rio Grande do Norte and Sergipe states, as per... Continue Reading →
PETROBRÁS FINDS PETROLEUM INDICATORS IN THE DOLPHIN FIELD, ESPIRITO SANTO BASIN
Sep, 2017 Petrobrás found evidence of offshore oil in the Espírito Santo Basin. This time, the state oil company notified the National Petroleum Agency about the presence of the input in the 4BRSA1352ESS well in the Golfinho field. The discovery was made in a water depth of 1,448 meters, using the Gold Star drill... Continue Reading →
Brazil’s Temer says government not considering privatizing Petrobras
Brazil’s President Michel Temer said on Wednesday state-run oil company Petroleo Brasileiro (PETR4.SA), a symbol of national sovereignty, would stay in public hands even as his government makes an aggressive privatization push. Temer, speaking at a Reuters Newsmaker event in New York, also said that sprawling investigations that have led to corruption charges against scores... Continue Reading →
Petrobras to offer US dollar denominated global notes in principal amount of up to U$ 2 billion
Rio de Janeiro September 18, 2017 – Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) today announced that its wholly-owned subsidiary, Petrobras Global Finance B.V. (“PGF”), plans to offer (the “New Money Offer”) U.S.-dollar denominated global notes in one or more series (the “New Money Notes”), in an expected aggregate principal amount of up to... Continue Reading →
Petrobras Oil and natural gas production in August
Rio de Janeiro, September 15, 2017 – Petróleo Brasileiro S.A. – Petrobras reports that its total oil and natural gas production in August was 2.72 million barrels of oil equivalent per day (boed), 2.61 million boed of which produced in Brazil and 107 thousand boed produced abroad. The average oil production in the country was... Continue Reading →
Petrobras approves settlement with investors to end individual securities action in the United States
Rio de Janeiro, September 13, 2017 – Petróleo Brasileiro S.A. – Petrobras announces that its Board of Directors approved today an agreement to settle an individual securities action brought before the U.S. federal District Court for the Southern District of New York, by a number of funds affiliated with Discovery Global Citizens Master Fund, Ltd.... Continue Reading →
New Composition of Petrobras’ Minority Shareholders Committee
Rio de Janeiro, September 13, 2017 - Petróleo Brasileiro S.A. – Petrobras reports that at a meeting held today its Board of Directors appointed Board Member Durval José Soledade Santos to compose the Minority Shareholders Committee in place of Mrs. Lavínia Rocha de Hollanda, who is no longer a member of this Committee due to... Continue Reading →
Petrobras Pension Plan (Petros): Deficit Equating Plan
Rio de Janeiro, September 12, 2017 - Petróleo Brasileiro S.A. – Petrobras, further to the material fact disclosed on 6/23/2016, reports that it was notified by Fundação Petrobras de Seguridade Social (Petros) that its Deliberative Board has approved, in a meeting held today, the Deficit Equating Plan (PED) for the Petrobras System Petros Plan (PPSP).... Continue Reading →
Brazil Energy Insight 