Rio de Janeiro, June 30, 2017 – Petróleo Brasileiro S.A. – Petrobras, pursuant to the market disclosure  of June 1, 2017, informs that the sentence by the court of first instance published on May 19, 2017 was confirmed in its entirety on June 20, 2017, through  a decision in a motion for clarification. This sentence... Continue Reading →

Rio de Janeiro, June 30, 2017 - Petróleo Brasileiro S.A. – Petrobras, pursuant to the material facts of 11/17/2016 and 1/31/2017, concerning the sale process of Liquigás Distribuidora S.A., a wholly-owned Petrobras subsidiary, to Companhia Ultragaz S.A., a subsidiary of Ultrapar Participações S.A., informs that the General Superintendence of the Administrative Council for Economic Defense... Continue Reading →

Rio de Janeiro, June 30, 2017 - Petróleo Brasileiro S.A. – Petrobras reports that it effected today a transaction with the Canadian bank The Bank of Nova Scotia, through the pre-payment of debt in the amount of US$ 500 million, which would mature in 2019.  Simultaneously, the company hired a new financing in the amount... Continue Reading →

Rio de Janeiro, June 30, 2017 - Petróleo Brasileiro S.A. – Petrobras, pursuant to the material fact disclosed on October 14, 2016, reports that its Executive Board approved yesterday, the review of the pricing policy for diesel and gasoline traded at its refineries, to increase the frequency of price adjustments, which will be effective from... Continue Reading →

NEW YORK (Thomson Reuters Regulatory Intelligence) - Brazilian state-run oil company Petróleo Brasileiro SA, or Petrobras, said this week that it had agreed to settle a shareholder lawsuit by The Vanguard Group, an investment management company, to recover corruption-related losses. The case offers notable lessons in anti-bribery governance and oversight. Petrobras did not disclose the... Continue Reading →

Rio de Janeiro, June 29, 2017 - Petróleo Brasileiro S.A. – Petrobras reports that its Board of Directors approved the 2016 Annual Letter of Public Policies and Corporate Governance. The letter is a requirement of Law 13.303/2016, Decree 8.945/2016 and the B3’s Corporate Governance Program for State-Owned Companies plus transparency requirements pursuant to current legislation.... Continue Reading →

Rio de Janeiro, June 29, 2017 - Petróleo Brasileiro S.A. – Petrobras, further to the Material Fact disclosed on 5/22/2017, informs the start of the binding phase regarding the transfer of Petrobras’ stake in the Juruá Field, in the Solimões Basin. At this stage of the project, the invitation letters are issued to interested parties... Continue Reading →