Petroleo Brasileiro SA Petrobras (ADR)

Brazilian state-run oil company Petrobras has reopened bidding for its Golfinho offshore oilfield cluster, two sources told Reuters this week, following a rise in crude prices over the last several months.

Brazilian state-controlled oil producer Petroleo Brasileiro SA said on Monday it will add the U.S. natural gas pricing benchmark as an option to future sales contracts with distributors.

Brazilian oil workers union FUP is planning a strike on Monday to force Petrobras to adopt new measures to contain the spread of coronavirus at the Campos Basin, according to a statement.

Brazil's Petrobras will reduce diesel and gasoline prices at refineries by about 2% on Saturday, the state-run oil company said on Friday, the first fuel price adjustment since Chief Executive Joaquim Silva e Luna formally took charge.

Brazil's state-owned oil company Petroleo Brasileiro SA has approved the sale of its remaining 10% stake in the NTS gas pipeline network for 1.8 billion reais ($337 million) to Brookfield and Itausa SA, the company said in a statement on Wednesday.

Brazil's state-owned oil company Petroleo Brasileiro SA has approved the sale of its remaining 10% stake in the NTS gas pipeline for 1.8 billion reais ($337 million) to Brookfield and Itausa SA, the company said in a note.

Brazil's Petroleo Brasileiro SA will exercise its rights of first refusal and bid for the deepwater oil fields Sepia and Atapu, the company said in a filing.

Brazil's antitrust authority CADE said Wednesday it had postponed deadlines for divestitures by state-controlled oil company Petroleo Brasileiro SA, including its refineries, natural gas pipelines and its stakes in natural gas distribution companies.

Brazil's antitrust authority CADE has postponed deadlines for divestitures by state-controlled oil company Petroleo Brasileiro SA, including its refineries, natural gas pipelines and its stakes in natural gas distribution companies.

Brazil's Petrobras produced 2.196 million barrels of oil a day in the first quarter, the state-run company said on Tuesday, an increase from the fourth quarter, but a decline in yearly terms.

Oil production in Brazil fell 6% in the first quarter from a year earlier, according to National Petroleum Agency (ANP) figures seen by Reuters on Monday, led by a drop in output from state-run oil giant Petrobras.

Joaquim Silva e Luna, the new chief executive of Brazil's Petrobras, will look to respect the company's current pricing policy and keep investing in deepwater assets, he said at his swearing-in ceremony on Monday.

Petrobras board member Marcelo Gasparino has tendered his resignation, the state-run oil firm said on Friday, just four days after his election to the post, creating a potential eleventh-hour hurdle for its nearly complete management transition.

Marcelo Gasparino, a Petrobras board member, has submitted a letter of resignation, the company said in a Friday evening securities filing.

The board of Petrobras has elected four career executives to head up key company divisions rather than bringing in more outsiders, Brazil's state-controlled oil company said on Friday, confirming news previously reported by Reuters.

The board of Brazil's Petrobras has officially elected a slate of new executives, including Chief Executive Joaquim Silva e Luna, the state-run oil company said in a securities filing on Friday.

Incoming Petrobras CEO Joaquim Silva e Luna, an army veteran with no oil experience, has endorsed four career executives to head up key company divisions rather than bringing in more outsiders, people with knowledge of the matter said on Thursday.

Incoming Petrobras CEO Joaquim Silva e Luna has endorsed four members of the company's executive team to head up key divisions of the business, people with knowledge of the matter said on Thursday.

Shareholders in Brazilian state-run oil company Petroleo Brasileiro SA have approved a dividend payment of 10.272 billion reais ($1.82 billion), based on the firm's 2020 performance, it said in a Wednesday securities filing.