Rio de Janeiro, November 30, 2018 – Petróleo Brasileiro S.A. – Petrobras, in compliance with article 12 of CVM Instruction no. 358, dated of 1/3/2002, reports that it was notified by BlackRock, Inc. ("BlackRock") that the latter has acquired preferred shares issued by the company and as of November 28, 2018 it manages share interests... Continue Reading →

Rio de Janeiro, November 30, 2018 – Petróleo Brasileiro S.A. – Petrobras informs that it has pre-paid bank debts totaling US$ 1.35 billion, according to the table below:   Bank Value (US$ million) Original Maturity Bank of America 500 2023 Intesa Sanpaolo 850 2022   The transactions are in line with the company’s liability management... Continue Reading →

Brazil’s federal police opened an investigation into incoming Economy Minister Paulo Guedes for alleged fraud tied to pension funds of state-run firms, lawyers for the future minister said on Friday, confirming an earlier report from Folha de S.Paulo newspaper. Read more

11/30/18 Drilling of the first well in Uirapuru to accelerate The Petrobras / Petrogal / Equinor / ExxonMobil consortium intends to drill its first exploration well in the Uirapuru area, in the Santos Basin, until the end of 2019. The information was confirmed by the CEO of Galp in Brazil , Miguel Pereira. Although the... Continue Reading →

Rio de Janeiro, November 29, 2018 – Petróleo Brasileiro S.A. – Petrobras, in compliance with article 12 of CVM Instruction no. 358, dated of 1/3/2002, informs that it was notified by BlackRock, Inc. ("BlackRock") that the latter has sold preferred shares issued by the company, and as of November 27, 2018 it manages shareholding interest... Continue Reading →

Rio de Janeiro, November 29, 2018 – Petróleo Brasileiro S.A. – Petrobras, regarding the news article published today by O Globo newspaper under the headline "Petrobras plans to invest US$ 85 billion over the next 5 years” (“Petrobras pretende investir US$ 85 bilhões nos próximos 5 anos”), clarifies that there is no decision on the... Continue Reading →

11/28/18 The ANP published on Monday (26), in the Official Gazette, a resolution that regulates the activities of data acquisition and processing, preparation of studies and access to technical data for the exploration, development and production of oil and natural gas, in the Brazilian sedimentary basins. Resolution No. 757/2018 brings together resolutions No. 11/2011 and... Continue Reading →

11/28/18 Shell is consulting the market to evaluate the contracting of decommissioning services for the FPSO Fluminense, which is installed in the field of Bijupirá, in the Campos Basin. According to the oil company, the verification of the services necessary for the operation is part of the long-term planning for the decommissioning of the asset.... Continue Reading →

11/28/18 Construction should begin in March 2019 and by September the pipeline should already be operational Alvopetro has contracted the Brazilian company Tecmaster for the construction of the pipeline that will connect the Caburé field in the Recôncavo Basin to the gas unit that is being built by Enerflex. The total pipeline project for the... Continue Reading →

The Rio de Janeiro state governor was arrested on Thursday over allegations he took part in a graft and money laundering group, federal prosecutors said, in the latest blow to Brazil’s political elite by the “car wash” corruption probe. Luiz Fernando Pezao was detained along with eight others as part of the investigation, which has... Continue Reading →