Petrobras on CARF judgment

Petróleo Brasileiro S.A. –Petrobras informs that, in a session held today, the First Panel of the Superior Chamber of Tax Appeals (CSRF), a body of the Administrative Board of Tax Appeals (CARF), rejected the appeals filed by the Company and decided that IRPJ and CSLL taxes are due on the profits of its foreign subsidiary ... Continue Reading →

Petrobras on receiving earnout from Sépia

Petróleo Brasileiro S.A. – Petrobras informs that it received today, up front,  the amount of R$ 1.3 billion, regarding the complement of the firm compensation (earnout) for fiscal year 2022, related to the Sépia block. The amount already includes the amount of the gross-up of taxes related to TotalEnergies' 28 %, Petronas’21 % and QP... Continue Reading →

Petrobras on Proved Reserves in 2022

Petróleo Brasileiro S.A. – Petrobras discloses its proved reserves of oil, condensate and natural gas, according to SEC (US Securities and Exchange Commission) regulation, estimated at 10.5 billion barrels of oil equivalent (boe), as of December 31, 2022. Oil and condensate, and natural gas correspond to 85% and 15% of this total, respectively. In 2022,... Continue Reading →

PRIO Acquisition of Albacora Leste Field

Petro Rio S.A. ("Company" or "PRIO") (B3: PRIO3), following the Material Fact released on April 28, 2022, informs its shareholders and the market in general that, on this date, the payment regarding the acquisition of 90% interest and operation of the Albacora Leste Field ("Field" or "Albacora Leste") with Petróleo Brasileiro S.A. ("Petrobras") was made.... Continue Reading →

Highland Council Grants Planning Permission for Pentland Floating Wind Farm’s Onshore Infrastructure

Copenhagen Infrastructure Partners-led Pentland floating offshore wind farm has been granted planning permission in principle from Scotland's Highland Council for its onshore infrastructure. To be located 7.5km off the coast of Dounreay in Caithness, Pentland will generate 100MW making it capable of providing electricity to almost 70,000 homes, equivalent to 65% of those in the... Continue Reading →

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