Wed Oct 14, 2015 Brazil cuts oil output outlook; says fuel imports to continue Reuters Oct 14 Brazil's oil regulator ANP cut its outlook for petroleum production in Brazil to 4 million barrels a day in 2025 or 2026 from 4.5 million barrels a day in 2022, the agency's director general Magda Chambriard said on... Continue Reading →
Petrobras – Financing Agreement with ICBC Leasing
Petrobras - Financing Agreement with ICBC Leasing 10/13/2015 Rio de Janeiro, October 13, 2015 – Petróleo Brasileiro S.A. – Petrobras announces that it concluded the negotiations with the Industrial and Commercial Bank of China Leasing - ICBC Leasing related to a financing transaction amounting to US$2 billion for a period of 10 years, through a... Continue Reading →
Brazil’s Petrobras to sign $2 bln leasing contract with China’s ICBC
Tue Oct 13, 2015 7:41am EDT Brazil's Petrobras to sign $2 bln leasing contract with China's ICBC Reuters Petrobras press release Oct 13 Brazil's state-run oil firm Petroleo Brasileiro SA will raise $2 billion through a 10-year leasing contract with China's Industrial and Commercial Bank of China Leasing, the Brazilian company said in a statement... Continue Reading →
Petrobras Isn’t Only State-Run Company Unloved by Bond Traders
State-run companies are realizing government backing isn’t what it used to be. Tumbling commodities, a corruption scandal ensnaring Petroleo Brasileiro SA and slowing global growth are sapping demand for so-called quasi-sovereign debt across emerging markets, with state-backed companies in Brazil, South Africa, Colombia and Mexico faring the worst. Investors were demanding 1.09 percentage points more... Continue Reading →
Petrobras – Adjustments in the Business and Management Plan 2015-2019: Additional information
Petrobras - Adjustments in the Business and Management Plan 2015-2019: Additional information 10/08/2015 Rio de Janeiro, October 8, 2015 – Petróleo Brasileiro S.A. – Petrobras hereby complies with Official Letter No 396/2015/CVM/SEP/GEA-1 which requests clarifications as follows: OFFICIAL LETTER No 396/2015/CVM/SEP/GEA-1 “We refer to the Material Fact disclosed by the issuer on October 5, 2015, ... Continue Reading →
Petrobras – Clarification on News Article: Divestment in Mature Fields
Petrobras - Clarification on News Article: Divestment in Mature Fields 10/09/2015 Rio de Janeiro, October 9, 2015 – Petróleo Brasileiro S.A. – Petrobrás hereby responds to Official Letter 401/2015/CVM/SEP/GEA-1, which requests the following clarifications: OFFICIAL LETTER no. 401/2015/CVM/SEP/GEA-1 We refer to the news article published on this date in O Globo newspaper, in the Economy,... Continue Reading →
Petrobras likely lost more than $5 bln to corruption: Brazil prosecutor
Corruption-related losses at Brazil's state-run oil firm Petroleo Brasileiro SA will likely surpass 20 billion reais ($5.3 billion), federal prosecutor Deltan Dallagnol said on Friday. Dallagnol, part of a task force overseeing Brazil's largest-ever corruption investigation, said the 6.2 billion reais in corruption-related losses the company wrote off in April was "just the tip of... Continue Reading →
Petrobras – Clarifications about News on the media: Foreign partners’ investment in Comperj
Petrobras - Clarifications about News on the media: Foreign partners’ investment in Comperj 10/08/2015 Rio de Janeiro, October 08, 2015 – Petróleo Brasileiro S.A. – Petrobras complies with Official Letter 397/2015/CVM/SEP/GEA-1 which requests clarifications as transcribed below: OFFICIAL LETTER 397/2015/CVM/SEP/GEA-1 “We present clarifications about the news published today on the O Globo newspaper, Economy Section,... Continue Reading →
Petrobras – Adjustments in the Business and Management Plan 2015-2019: Additional information
Petrobras - Adjustments in the Business and Management Plan 2015-2019: Additional information 10/08/2015 Rio de Janeiro, October 8, 2015 – Petróleo Brasileiro S.A. – Petrobras, complementing the Material Fact disclosed to the market on October 5 regarding adjustments to the 2015-2019 Business and Management Plan (PNG 2015-2019), hereby informs the exchange rate and the Brent... Continue Reading →
Petrobras – Participation in the ANP’s 13th Bidding Round for exploratory blocks
Petrobras - Participation in the ANP’s 13th Bidding Round for exploratory blocks 10/07/2015 Rio de Janeiro, October 7, 2015 – Petróleo Brasileiro S.A. – Petrobras hereby announces that it has not presented any proposals for the blocks offered during the 13th Exploratory Block Bidding Round of the National Petroleum, Natural Gas and Biofuel Agency (ANP),... Continue Reading →