Petrobras on payment of remuneration to shareholders

Petróleo Brasileiro S.A. – Petrobras, following up on the Material Facts disclosed on 03/01/2023 and 04/24/2023 and Notice to the Market of 05/15/2023, informs that today it has paid 1st installment of complimentary dividends approved in the Annual General Meeting (AGM) held on 04/27/2023. The gross amount distributed today was adjusted by the Selic interest... Continue Reading →

Petrobras on letter from the Ministry of Mines and Energy for the development of the Brazilian Equatorial Margin

Petróleo Brasileiro S.A. – Petrobras informs that it has received Official Letter No. 386/2023/GM-MME, through which the Ministry of Mines and Energy ("MME") requests that Petrobras, within its rules of governance and in compliance with strict legality, reiterate the request for licensing of the activity with the Brazilian Institute of Environment and Natural Resources ("IBAMA"),... Continue Reading →

Petrobras on Braskem

Petróleo Brasileiro S.A. – Petrobras informs that it has received a letter from Apollo Management X, L.P. ("Apollo") and ADNOC International Limited ("ADNOC") with information about the non-binding proposal for the acquisition of Novonor S.A.'s interest in Braskem. The information was forwarded to Petrobras due to the fact that the Company is Braskem's second largest... Continue Reading →

Aker Solutions to Provide Dynamic and Static Subsea Umbilicals for ExxonMobil’s Uaru Project

Norwegian offshore engineering and construction firm Aker Solutions said Friday it had won a sizeable contract from ExxonMobil to provide dynamic and static subsea umbilical for the Uaru project in Guyana.  Aker Solutions defines a sizeable contract as between NOK 0.5 billion (currently around $45,9 million) and NOK 1.5 billion (currently around $137,7 million). The... Continue Reading →

Lula’s coalition roiled by decision to block Petrobras’ Amazon project

(Reuters) - A decision by Brazil's environmental regulator to block state-owned oil company Petrobras' Amazon oil project has exposed tensions in President Luiz Inacio Lula da Silva's coalition between green advocates and those prioritizing economic development. Ibama, late on Wednesday, said it would block a request by state-run oil giant Petrobras (PETR4.SA) to drill at the Amazon mouth near... Continue Reading →

Shell plans sale of French floating wind power unit Eolfi

(EV) Shell (LON: SHEL) is seeking to sell French floating wind developer Eolfi, a potential retreat from one element of its renewable power plans as new Chief Executive Officer Wael Sawan pushes to deliver greater value to shareholders. The oil major is exploring the sale just a few years after it acquired Eolfi, according to people familiar with the matter, who asked... Continue Reading →

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