Rio de Janeiro, September 08, 2017 - Petróleo Brasileiro S.A. – Petrobras reports that its wholly owned subsidiary Liquigás Distribuidora S.A. (Liquigás) has entered into an agreement with the Administrative Council for Economic Defense (CADE) on 09/06/2017 to halt two administrative processes on the formation of a cartel in the Liquefied Petroleum Gas (LPG) distribution... Continue Reading →
PETROBRÁS CONCLUDES WELL AND FINDS PETROLEUM PRESENCE IN LIBRA
Petrobrás concluded a new well this week in the Libra field, in the Santos Basin pre-salt. The activity in well 3BRSA1345RJS was done by means of the West Tellus (Seadrill) drill ship in depth of 2,087 meters. The drilling began in the area in mid-February. Petrobras also notified the National Petroleum Agency of the finding... Continue Reading →
Petrobras – Divestment in the Fertilizer Sector: Disclosure of Opportunity – Teaser
Rio de Janeiro, September 11, 2017 - Petróleo Brasileiro SA - Petrobras informs that it has initiated the disclosure phase of the Teaser, regarding the process of divesting 100% of its assets in Araucária Nitrogenados SA ("ANSA") and in the Nitrogen Fertilizer Unit III ("UFN-III"). ANSA is a wholly-owned subsidiary of Petrobras, with a nitrogen... Continue Reading →
Petrobras – Memorandum of Understanding with Shell
Rio de Janeiro, September 8th, 2017 - Petróleo Brasileiro S.A. - Petrobras reports that has signed, today in Holland, a Memorandum of Understanding (MoU) with Shell Exploration Company (West) B.V., a Royal Dutch Shell subsidiary, to establish a mutual long-term collaboration, with operational focus, in assets which are already operated in partnership between the two... Continue Reading →
Clarification on News: Sale of Braskem
Rio de Janeiro, September 5, 2017 – Petróleo Brasileiro S.A. – Petrobras reports that it received on 9/4/2017, Official Letter No. 303/2017/CVM/SEP/GEA-1, which requests the following clarification: Official Letter No. 303/2017/CVM/SEP/GEA-1 “Dear Sir, We refer herein to the news published on 9/4/2017 by Valor Econômico, under the headline “Petrobras inicia venda da Braskem até o... Continue Reading →
Petrobras Prepayment of bank debts and new financing
Rio de Janeiro, September 6, 2017 - Petróleo Brasileiro S.A. – Petrobras reports that, following its debt portfolio management strategy, it has effected the following transactions: (i) prepayment of a NCE (Export Credit Note) of R$ 2.5 billion, issued to Caixa Econômica Federal to mature in November 2018. ii) issue of a new NCE to... Continue Reading →
Ibama releases 4D for Shell in the Campos Basin. P-69 receives installation license
Shell received from IBAMA environmental license for 4D data acquisition for the Ostra field area, in Parque das Conchas, Campos Basin. The license is valid until January 31, 2018 and was being discussed with the environmental agency since 2014. The data acquisition campaign will cover a total area of 3,478.45 km2. The minimum distance from... Continue Reading →
Petrobras – Sale of 90% equity interest in TAG: Opportunity Disclosure – Teasers
Rio de Janeiro, September 5, 2017 – Petróleo Brasileiro S.A. – Petrobras reports that it has initiated the opportunity disclosure stage (Teasers) related to the sale process of 90% of its stake in Transportadora Associada de Gás S.A. ("TAG"), a wholly-owned Petrobras subsidiary. TAG is a company that operates in the natural gas transportation sector,... Continue Reading →
Petrobras – Reduction of Significant Shareholding Interest/BlackRock
Rio de Janeiro, September 4, 2017 – Petróleo Brasileiro S.A. – Petrobras, in compliance with article 12 of CVM Instruction no. 358, dated of 1/3/2002, informs that it was notified by BlackRock, Inc. ("BlackRock") that the latter has sold preferred shares issued by the company, and as of August 31, 2017 it manages shareholding interest... Continue Reading →
Approval of the amendment to the Bylaws of Petrobras Distribuidora and its corporate restructuring
Rio de Janeiro, September 5, 2017 - Petróleo Brasileiro S.A. – Petrobras, further to the Material Fact disclosed on 8/25/2017, informs that the Shareholder’s General Meeting (SGM) of Petrobras Distribuidora S.A. (BR) approved in a meeting held on 8/31/2017, its corporate restructuring, as well as the amendment of its Bylaws. The main changes to the... Continue Reading →