Petroleo Brasileiro SA Petrobras (ADR)

Shareholders in Brazil's Petrobras elected seven government-backed candidates to the board of directors and one market-tipped candidate at an extraordinary meeting on Friday, frustrating investors who had hoped to dilute state control.

Brazil's Petrobras is in talks with 3R Petroleum Oleo e Gas SA to sell a refinery and dozens of oil fields for more than $1 billion, the company said on Friday, a deal that would prove transformational for 3R if completed.

Anapetro, an association of shareholders in Brazil's Petrobras who are also employees, on Thursday publicly asked the state-run oil company to skip an upcoming auction of an oil area near coral reefs, due to environmental concerns.

Anapetro, a minority shareholder group of Brazil's state-run oil company Petroleo Brasileiro SA, on Thursday publicly asked the company to skip the upcoming 17th oil area auction due to environmental concerns.

Brazil's state-run oil company Petrobras said on Wednesday it has signed a contract to sell the REMAN refinery in the northern state of Amazonas for $189.5 million to Ream Participações S.A., a subsidiary of distributor Atem.

U.S. private equity firm EIG Global Energy Partners submitted a binding offer worth several hundred million dollars on Monday for Petrobras' TBG and TSB natural gas pipelines in Brazil, a source with direct knowledge of the matter told Reuters.

Rising calls to cut carbon emissions and to reduce global warming could generate more offshore partnerships and increase the output of cleaner oil for Brazil, the production chief of state-controlled Petrobras said in an interview.

* Brazil to increase production target in its new business plan

Talos Energy Inc has withdrawn from a consortium with EIG Global Energy Partners, Enauta Participacoes SA and 3R Petroleum Oleo e Gas SA, and the group has submitted a binding offer to Petrobras for the Albacora and Albacora Leste oilfields in Brazil, five sources with knowledge...

The Brazilian government is considering using environmental fines paid by state-run oil company Petrobras to fund a program that would be used to help low-income families purchase liquefied petroleum gas, two people with knowledge of the matter said on Friday.

Brazilian state-run oil firm Petroleo Brasileiro SA said on Thursday it has hired JPMorgan Chase & Co as adviser to sell its stake in petrochemical company Braskem SA, confirming an earlier Reuters report.

Brazil's Federal Audit Court (TCU) says there is a risk of fuel shortages in regional markets as a result of the sales of assets by state-controlled oil company Petroleo Brasileiro SA, according to a statement on the court's website.

Preferred shares in Brazil's Petrobras jumped almost 10% on Thursday, after the state-controlled oil company smashed second-quarter margin estimates and announced 31.6 billion reais ($6.15 billion) in extraordinary dividend payments.

* C.Suisse sees Brazil Selic rate ending 2021 at 8.25% * Petrobras surges after Q2 earnings top estimates * Peru's Francke aims for fiscal deficit under 5.4% of GDP * Foreign miners in Chile warn lawmakers over royalties (Adds graphic, updates prices) By Susan Mathew and...

* Credit Suisse sees Brazil Selic rate ending 2021 at 8.25% * Petrobras surges after Q2 earnings top estimates * Peru's Francke aims for fiscal deficit under 5.4% of GDP * Foreign miners in Chile warn lawmakers of fresh royalties By Susan Mathew Aug 5 (Reuters) - Brazil's...

Brazil's Petrobras beat second quarter profit estimates on Wednesday, as higher Brent prices, strong natural gas sales and relatively controlled expenses boosted the company's bottom line.

The board of Brazil's state-run Petróleo Brasileiro S.A. has approved the early payout of dividends to shareholders of 31.6 billion reais ($6.11 billion), the oil company said in a securities filing on Wednesday.

Brazil's state-run oil company Petrobras on Thursday presented flat production numbers in the second quarter, as the ramp-up off some major platforms was largely offset by maintenance stoppages and divestments.

Brazilian state-run oil company Petroleo Brasileiro SA produced 2.796 million barrels of oil equivalent per day in the second quarter, the company said in a Thursday securities filing.