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Vallourec Q2 EBITDA Drops To EUR 43 Million, 2020 Outlook Confirmed
Brazil's Petrobras Opens Non-Binding Phase For Sale Of Stake In Seven Concessions In Alagoas State - Filing
Karoon Energy Announces Adjusted Terms For Bauna Acquisition
Petroleo Brasileiro S.A.-Petrobras specializes in the oil, natural gas and energy industry. The Company is engaged in prospecting, drilling, refining, processing, trading and transporting crude oil from producing onshore and offshore oil fields and from shale or other rocks. Its segments include Exploration and Production, which covers the activities of exploration, development and production of crude oil, natural gas liquid and natural gas; Refining, Transportation and Marketing, which covers the refining, logistics, transport and trading of crude oil and oil products activities, exporting of ethanol, and extraction and processing of shale; Gas and Power, which is engaged in transportation and trading of natural gas produced in Brazil and imported natural gas; Biofuels, which covers the activities of production of biodiesel and its co-products, and ethanol-related activities; Distribution, which includes the activities of its subsidiary Petrobras Distribuidora S.A., and Corporate.
Oil & Gas Operations
Av. Republica do Chile, n 65 - Centr
Eduardo Bacellar Leal Ferreira
Independent Chairman of the Board
Roberto da Cunha Castello Branco
Chief Executive Officer, Director
Andrea Marques de Almeida
Chief Financial and Investor Relations Officer
Roberto Furian Ardenghy
Chief Institutional Relations Executive Officer
Eberaldo de Almeida Neto
Chief Corporate Affairs Executive Officer
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Petrobras is ready to produce renewable diesel from soy or other edible oils at commercial scale and will expand investments in the segment as soon as it is granted a sales permit, the company's refining head, Anelise Lara, told reporters on Friday.
Brazilian state-run oil firm Petroleo Brasileiro SA expects to conclude negotiations on the sale of its RLAM refinery in northeastern Brazil in the near future and is pushing ahead with the IPO of a gas pipeline unit, executives said on Friday.
Brazilian state-run oil firm Petroleo Brasileiro SA <PETR4.SA> on Thursday posted a loss of 2.7 billion reais ($524 million) in the second quarter, hurt by tumbling oil prices despite record export volumes to China.
Brazil's state-owned oil firm Petrobras <PETR4.SA> said on Wednesday it could receive 16.9 billion reais ($3.27 billion) after a favorable tax ruling found it had over-paid to so-called PIS and Cofins taxes.
Brazil's Petrobras said in a securities filing on Monday that it had published a prospectus regarding the sale of its stake in an exploratory block in Colombia, located in the Guajira bay.
Brazilian oil company Petróleo Brasileiro SA <PETR4.SA> announced adjustments to a $665 million contract governing the sale of its entire stake in the Baúna oil field to Australia's Karoon Energy, according to a securities filing late on Friday.
Brazilian state-controlled oil company Petrobras said on Friday it has approved the start of a tender to build three new floating platforms, known as FPSOs, in the Buzios oilfield, one of the biggest deepwater discoveries this century.
Brazilian iron ore miner Vale SA has named Pedro Parente and Alexandre Gonçalves Silva to its newly formed "nomination committee," it said in a securities filing on Wednesday.
Coronavirus outbreaks at a number of platforms operated by Brazil's Petrobras hit production in the second quarter, the company said on Tuesday, though the firm indicated output may improve in certain regions.
Brazilian state-run oil firm Petrobras produced 2.802 million barrels of oil equivalent per day in the second quarter, down 3.7% from the first quarter, it said in a securities filing on Tuesday.
Brazilian state-run oil company Petrobras said on Tuesday it has obtained a favorable and definitive court ruling related to PIS/Cofins tax contributions to be recovered as of October 2001.
Brazil's state-owned oil company Petrobras <PETR4.SA> on Monday agreed to sell its remaining 10% stake in natural gas pipeline company TAG to Engie Brasil <EGIE3.SA> and Canadian investment fund Caisse de Depot et Placement du Quebec (CDPQ).
Engie Brasil, the Brazilian subsidiary of France's Engie SA, said on Monday it has agreed a deal with state-owned oil giant Petrobras to buy the remaining 10% stake in the natural gas pipeline company TAG.
Demand for fuels such as gasoline and diesel is growing in Brazil, which could limit exports to China in the coming months, Roberto Castello Branco, the chief executive of state-run oil firm Petrobras, said in an interview with Bloomberg TV on Thursday.
Brazil's Petrobras said on Wednesday it had finalized the sale of its stake in 10 oil fields to Trident Energy do Brasil with a payment of $365.4 million.
Brazil's Petrobras said on Tuesday that four platforms in the Buzios field located in the Santos Basin, off the coast of Rio de Janeiro, achieved a daily record output on Monday.
Brazil's Petrobras will keep its gross debt targets for 2020 amid the new coronavirus pandemic, but may eventually reduce it to lower levels depending on market conditions, Chief Executive Officer Roberto Castello Branco said on Tuesday.
Brazil's Petrobras said on Monday it is again eligible to receive investments from Norway's largest pension fund, KLP, which had blocked investments in the state-owned oil firm following revelations of a sprawling corruption scheme.
Brazilian state-run oil firm Petrobras has "preventively" stopped supplying imported aviation gasoline after chemical tests on an imported batch raised potential issues, a move that caused major fuel distributors BR Distribuidora and Raizen to suspend the sale of the product...
On Friday, May 1, two workers on the PXA-1 offshore platform owned by Brazil's state-run oil company Petrobras checked into the facility's infirmary complaining of headaches and fever-like symptoms.
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