Apr 15, 2016  Reuters Skanska AB says: * In relation to investigations related to Petrobras, Federal Government in Brazil has brought a civil lawsuit against seven companies, including Skanska Brasil, and seven individuals unrelated to Skanska * According to the lawsuit a joint venture partner of Skanska Brasil has colluded with Petrobras directors and Skanska... Continue Reading →

Brazil Regulator Urges Refinery Building to Avert Fuel Shortages Sabrina Valle /Bloomberg April 13, 2016 Fuel imports could triple to 1 million barrels a day in 2030 Country needs more pipelines and storage, oil regulator says Brazil needs to add refineries or storage facilities for imported fuel to avert shortages in the coming years, the... Continue Reading →

Brazilian police arrested former senator Gim Argello and launched raids in three states on Tuesday as part of a massive corruption investigation centered at state-run oil firm Petrobras, federal prosecutors said. The 28th round of police raids in the so-called "Operation Car Wash" was based on evidence that Argello took bribes to ensure executives at... Continue Reading →

Rio de Janeiro, April 8, 2016 – Petróleo Brasileiro S.A. – Petrobras hereby announces that its average oil and natural gas production amounted to 2.48 million barrels of oil equivalent per day (boed) in Brazil, remaining in line with January (2.47 million boed), and 178,000 boed abroad, totaling 2.65 million boed. Oil production averaged 2... Continue Reading →

Rio de Janeiro, April 8, 2016 – Petróleo Brasileiro S.A. – Petrobras, with respect to negotiations for the sale of its equity interest in Petrobras Argentina, disclosed by Material Fact in 03/02/2016, informs that the negotiations with Pampa Energia continue, having been extended the period of exclusivity for completion of negotiations for another 30 days.... Continue Reading →

Switzerland’s financial regulator will investigate “suspicious” bank connections that have surfaced in leaked Panama documents and is stepping up probes into a troubled Malaysian development fund and Petroleo Brasileiro SA. “The leaked database from Panama is just the latest proof of how money flows like water through multiple jurisdictions, sometimes for legitimate purposes, sometimes not,”... Continue Reading →

Rio de Janeiro, April 04, 2016 – Petróleo Brasileiro S.A. – Petrobras hereby responds to Official Letter 140/2016/CVM/SEP/GEA-1 requesting clarifications, as transcribed below: Official Letter 140/2016/CVM/SEP/GEA-1 “Dear Executive Officer, We present clarifications about the news item published today on the O Estado de São Paulo newspaper, Seção Economia (Economy Section), under the title: “China conditions... Continue Reading →