Rio de Janeiro, April 3, 2018 - Petróleo Brasileiro S.A. – Petrobras, further to the press release disclosed on 7/6/2015 and 7/17/2015, reports that it has been granted a favorable precautionary decision in the arbitration proceedings established before the National Agency of Petroleum, Natural Gas and Biofuels (ANP) in connection to Parque das Baleias, which... Continue Reading →

Rio de Janeiro, April 03, 2018 - Petróleo Brasileiro S.A. – Petrobras, further to the Material Fact disclosed on August 28, 2017 and press release disclosed on November 17, 2017, informs the beginning of the binding phase of the processes related to the full sale of its exploration, development and production rights in two sets... Continue Reading →

Rio de Janeiro, April 03, 2018 – Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (“Teaser”) regarding the transfer of Petrobras’ total stake in Baúna field (BM-S-40 Concession), located in Santos Basin, in shallow waters. Petrobras is an operator of the Baúna field, with 100% working interest. The average... Continue Reading →

Brazilian Finance Minister Henrique Meirelles joined the ruling Brazilian Democratic Movement party (MDB) on Tuesday with an eye to running for president or becoming President Michel Temer’s running mate in the October election. Read more

Prumo Logística released a note confirming news of Friday's Broadcast Column on negotiating with the World Bank's finance arm, the International Finance Corporation (IFC), to borrow up to U$ 355.6 million from a thermoelectric project. The company explains that the subsidiary Gás Natural Açu (GNA) is in talks with IFC and that this would be... Continue Reading →

  Petrobras postponed the delivery of proposals for integrated logistic support services for Libra in the Santos pre-salt to May 14. In the coming days, the oil company will receive suppliers to discuss improvements in the process. Among the problems mentioned by entrepreneurs are the lack of volume assurance during the execution of the contract... Continue Reading →

April 3, 2018 Felipe Maciel The government plans to hold an extraordinary meeting of the National Energy Policy Council (CNPE) in April to approve the 5th round of pre-salt areas, which will have the SM-645 and SM-534 exploratory blocks removed from the 15th round of the ANP, and the Saturn area, all in the Santos... Continue Reading →

  The pre-salt production in February totaled 1.763 mm boe /d , an increase of 2.3% over the previous month, and corresponded to 53.3% of the total produced in Brazil. 1,408 million barrels of oil per day and 56 million cubic meters of natural gas per day were produced through 83 wells. Total output in... Continue Reading →

Rio de Janeiro, April 03, 2018 – Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (“Teaser”) related to the assignment of 50% of its non-operated working interest in Tartaruga Verde field (BM-C-36 Concession) and Module III of Espadarte field, both deep water offshore exploration and production assets located in... Continue Reading →