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Petróleo Brasileiro S.A – Petrobras, in continuity to the Material Fact disclosed on May 20, 2024, informs that the Administrative Council for Economic Defense (CADE) decided in favor of renegotiating the Term of Cessation Commitment (TCC) for Gas, signed on July 8, 2019 ("TCC Gas"), which was also approved today by the Company's Board of... Continue Reading →
Petróleo Brasileiro S.A – Petrobras, in continuity to the Material Fact disclosed on May 20, 2024, informs that the Administrative Council for Economic Defense (CADE) decided in favor of renegotiating the Terms of Cessation Commitment (TCC) for Refinery, signed on May 29, 2019, which was also approved today by the Company's Board of Directors. On... Continue Reading →
(Reuters) The incoming chief executive of Petrobras will execute its investment plan with no "surprise" for investors, Brazil Mines and Energy Minister Alexandre Silveira said on Tuesday, in his first comments since the state-run oil firm announced a CEO swap. The minister downplayed concerns of a government intervention at Petrobras, which dismissed former CEO Jean... Continue Reading →
(Reuters) - Brazilian President Luiz Inacio Lula da Silva may soon discover that swapping the CEO of Petrobras (PETR4.SA), opens new tab is not enough to turn the state-run oil company into the engine for job creation and development it was during his first 2002-2010 terms. Lula last week tasked incoming CEO Magda Chambriard with speeding up investments in... Continue Reading →
Petróleo Brasileiro S.A – Petrobras, in continuity with the Material Fact disclosed on November 28, 2023, informs that it formalized with the Administrative Council for Economic Defense (CADE), on May 17, 2024, proposals for amendments to the Terms of Cessation Commitment (TCCs) previously established. The aim of these amendments is to adapt the obligations originally... Continue Reading →
Petróleo Brasileiro S.A – Petrobras, following up on the Material Facts/Communications published on 03/07/2024, 04/25/2024, 05/02/2024 and 05/15/2024, informs that will pay today the first installment of dividends relating to the balance sheet of December 31, 2023. The gross amount to be distributed today, in the form of dividends, is R$1.45670449 per ordinary and preferred... Continue Reading →
(OilPrice.com) Brazilian President Luiz Inacio Lula da Silva has appointed Magda Chambriard as the new CEO of Petroleo Brasileiro SA (Petrobras), pushing her to accelerate investments in refineries and natural gas expansion, according to anonymous sources who spoke to Bloomberg. This leadership change follows Lula's dismissal of former CEO Jean Paul Prates amid dissatisfaction with... Continue Reading →
Petróleo Brasileiro S.A – Petrobras, following up on the Material Facts published on 03/07/2024, 04/25/2024 and 05/02/2024, informs that will pay on 05/20/2024 the first installment of dividends relating to the balance sheet of December 31, 2023. Dividends calculated in accordance with the Shareholder Remuneration Policy formula will be paid based on the shareholder position... Continue Reading →
Petróleo Brasileiro S.A – Petrobras, following up on the Material Facts disclosed on 05/14/2024 and 05/15/2024, clarifies that the appointment of Ms. Magda Maria de Regina Chambriard to the positions of CEO of the company and member of the Board of Directors of Petrobras, within the company's governance process, will undergo analysis of the integrity... Continue Reading →
(PN) Petrobras is designing its next offshore projects, making new investments in production units. The company is expected to put into operation six more platform ships (FPSOs) this year and next. In parallel, the company is also preparing a new tender until the end of 2024 to hire ten OSRV-type support vessels (used to recover... Continue Reading →
Brazil Energy Insight 