Rio de Janeiro, November 16, 2017 – Petróleo Brasileiro S.A. – Petrobras informs that Roberto Moro, Chief Production Development and Technology Officer (CPDTO), submitted today his resignation to the post, due to his retirement. Petrobras informs that its Board of Directors approved the appointment of the Chief Human Resourses, HSE and Services Officer, Hugo Repsold... Continue Reading →
Petrobras Divestment Opportunities in Onshore Fields: Start of the non-binding phase
Rio de Janeiro, November 17, 2017 - Petróleo Brasileiro S.A. – Petrobras, further to the Material Fact disclosed on 08/28/2017, informs the start of the non-binding phase related to the full sale of its exploration, development and production rights in three sets of onshore fields (totaling 50 concessions), located in Rio Grande do Norte and... Continue Reading →
Petrobras shares sink on weak third-quarter results
Shares of Brazil’s Petroleo Brasileiro SA (PETR4.SA) plunged 7.8 percent on Tuesday a day after the state-controlled oil company reported disappointing third-quarter earnings. Read more
Petrobras Chief in a Rush to Deliver as Election Season Nears
The clock is ticking for Petrobras’ Pedro Parente. Chief executive officer since May 2016, Parente has set an aggressive agenda to solidify the state-controlled company’s finances after the twin challenges of the oil rout and a corruption scandal dealt it a near-death experience. Now, he’s rushing to finish his work before an unpredictable presidential campaign makes... Continue Reading →
Petrobras – Arbitrations filed by pension funds
Rio de Janeiro, November 14, 2017 - Petróleo Brasileiro S.A. - Petrobras, further to the press releases disclosed on 10/04/2017 and 11/13/2017, informs that it has been notified, today, of two requests for the filing of an arbitration before the B3 Arbitration Chamber, one by Petros and another by Previ. In addition, the company was... Continue Reading →
Petrobras Oil and natural gas production in October
Rio de Janeiro, November 14, 2017 – Petróleo Brasileiro S.A. – Petrobras reports that its total oil and natural gas production in October was 2.77 million barrels of oil equivalent per day (boed), with 2.67 million boed produced in Brazil and 104 thousand boed produced abroad. The average oil production in the country was 2.16... Continue Reading →
Petrobras 3Q, 2017 Financial Statements and Results Announcement
See attached 3Q, 2017 Financial Statements in USD and Results Announcement Petrobras 3Q 2017 Financial Statements Petrobras 3Q 2017 Results Annoucement
Petrobras – 3Q 2017 results
Rio de Janeiro - November 13th, 2017 - JAN-SEP OF 2017 RESULTS - Derived from consolidated interim financial information reviewed by independent auditors, prepared in accordance with International Financial Reporting Standards - IFRS. Net income R$ 0.266 billion Production 2.776 Mbbl/d Adjusted EBITDA R$ 63.6 million Main highlights Main financial highlights Net Income of R$... Continue Reading →
15th Bidding round will take place on March 29, 2018; and the 4th round of bids of the pre-salt, on June 7, 2018
Thursday, 09 November 2017 17:12 The National Energy Policy Council (CNPE) approved on Thursday, in an extraordinary meeting, the holding of the 15th Round of Bids for Exploratory Blocks, under the concession regime, on March 29, 2018, and the 4th Round of Bids, under the production sharing regime, on June 7, 2018. In the 15th... Continue Reading →
Petrobras Revision of the Transfer of Rights Agreement – Negotiation Committee
Rio de Janeiro, November 8, 2017 - Petróleo Brasileiro S.A. – Petrobras reports that it has created an internal committee to negotiate the Revision of the Transfer of Rights Agreement with representatives of the Federal Government (Ministry of Mines and Energy, Ministry of Finance, and National Agency of Petroleum, Natural Gas and Biofuels - ANP).... Continue Reading →
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