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Petróleo Brasileiro S.A. – Petrobras informs that the Board of Directors has approved the company's operations in São Tomé and Príncipe, a country on the west coast of Africa, enabling the acquisition of stakes in 3 exploratory blocks, through a competitive process conducted by Shell. The transaction is part of the scope of the Memorandum... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the Material Facts of 03/01/2023, 04/27/2023 and 12/22/2023, informs that it will pay today the third installment of the remaining remuneration to shareholders for 2022. The gross amount to be distributed today is R$ 0,56252157 per common and preferred share in the form of dividends. CREDIT INSTRUCTIONS... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors has approved a new Social Responsibility Policy, in line with best practices, after an extensive listening process with the participation of the company's various stakeholders. The main changes include: Total attention to people, respect, promotion and due diligence in human rights, effective management of... Continue Reading →
Industry continues chasing big oil, key gas targets also on the radar (OE) Global exploration drilling is set for a boost in 2024 – we have line of sight on over 200 wells targeting over 30 bnboe of resource (unrisked). Several gas hotspots are on the industry agenda, whilst the strong appetite for oil exploration... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the material fact disclosed on December 20, 2022, informs of the non-compliance with the contractual payment obligation of Carmo Energy and its parent company COBRA INSTALACIONES Y SERVICIOS, S.A., as guarantor, related to the sale of all of its stakes in the set of 11 onshore oil... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has started drilling the Pitu Oeste (RN) well today, which marks the resumption of the company's search for oil and gas in the Equatorial Margin, a region that stretches along the Brazilian coast from the state of Rio Grande do Norte to Amapá. The drilling of the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the press releases published on 03/01/2023 and 04/27/2023, informs that it will pay next week, on 12/27/2023, the third installment of the complementary dividends referred to the 2022 fiscal year, based on shareholding position as of 04/27/2023, in connection to the Material Fact released on that date.... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors approved, at a meeting held today, the Deficit Equalization Plan for 2022 (PED-2022) of the Non-Renegotiated Petrobras System Petros Plan (PPSP-NR) and its submission for consideration by the Secretariat for Coordination and Governance of State-Owned Enterprises (SEST). The PED-2022 provides for the settlement of... Continue Reading →
(OE) Offshore drilling contractor Seadrill on Friday announced that Petrobras has awarded 1,064-day fixed-term contracts to each of the West Auriga and the West Polaris in Brazil. The contracts are expected to commence in the fourth quarter of 2024 and represent total contract value of approximately $1.1 billion, inclusive of additional services and mobilization fees,... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has received a communication from Mubadala Capital proposing the formalization of recent discussions on the formation of a potential strategic partnership for the development of downstream in Brazil, in continuity with the memorandum of understanding released on September 4, 2023. The initiative has as its scope businesses... Continue Reading →
Brazil Energy Insight 