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Petroleo Brasileiro SA Petrobras (PETR3.SA)

PETR3.SA on Sao Paulo Stock Exchange

28.78BRL
17 Jan 2019
Change (% chg)

R$ 0.24 (+0.84%)
Prev Close
R$ 28.54
Open
R$ 28.40
Day's High
R$ 29.00
Day's Low
R$ 28.25
Volume
6,419,300
Avg. Vol
11,870,191
52-wk High
R$ 31.80
52-wk Low
R$ 16.90

Latest Key Developments (Source: Significant Developments)

Brazil's Petrobras Names Carlos Alberto Oliveira As New Executive Director Of E&P- Filing
Monday, 7 Jan 2019 

Jan 7 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S PETROBRAS NAMES CARLOS ALBERTO OLIVEIRA AS NEW EXECUTIVE DIRECTOR OF E&P- FILING.CARLOS OLIVEIRA TO REPLACE SOLANGE GUEDES AT PETROBRAS E&P- FILING.  Full Article

Petroleo Brasileiro SA Petrobras & Petrobras Global Finance B.V. File For A Mixed Shelf Of Up To $10 Bln
Friday, 28 Dec 2018 

Dec 28 (Reuters) - Petroleo Brasileiro SA Petrobras ::PETROLEO BRASILEIRO SA PETROBRAS & PETROBRAS GLOBAL FINANCE B.V. FILE FOR A MIXED SHELF OF UP TO $10 BILLION - SEC FILING.  Full Article

Total And Petrobras Take New Steps Forward In Strategic Alliance
Friday, 21 Dec 2018 

Dec 21 (Reuters) - TOTAL SA ::BRAZIL: TOTAL AND PETROBRAS TAKE NEW STEPS FORWARD IN THE SCOPE OF THEIR STRATEGIC ALLIANCE.THE TRANSFER OF RIGHTS OF THE REMAINING 10% FROM PETROBRAS TO TOTAL IN THE LAPA FIELD FOR A CONSIDERATION OF US$50 MILLION..SIGNING OF A BINDING MASTER AGREEMENT BETWEEN TOTAL EREN AND PETROBRAS FOR THE CREATION OF A JOINT VENTURE BY JULY 31, 2019 TO DEVELOP ONSHORE PROJECTS IN THE SOLAR AND WIND SEGMENTS IN BRAZIL.TOTAL AND PETROBRAS WILL KEEP PURSUING NEW BUSINESS OPPORTUNITIES IN THE NATURAL GAS CHAIN IN BRAZIL.  Full Article

Petrobras advances repayment of $1.35 bln in debt - filing
Friday, 30 Nov 2018 

Nov 30 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S PETROBRAS SAYS ADVANCES PAYMENT OF $1.35 BILLION OF DEBT - FILING.PETROBRAS SAYS IT HAS PAID $500 MILLION TO BANK OF AMERICA OF DEBT DUE ORIGINALY IN 2023 - FILING.PETROBRAS SAYS IT HAS PAID $850 MILLION TO INTESA SANPAOLO DEBT DUE ORIGINALLY IN 2022 - FILING.PETROBRAS SAYS PAYMENTS ARE IN LINE WITH STRATEGY TO IMPROVE ITS DEBT PROFILE, CUT FINANCING COSTS - FILING.  Full Article

Petroleo Brasileiro SA Petrobras Clarifies On O Globo Article
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Petroleo Brasileiro SA Petrobras ::PETROLEO BRASILEIRO SA PETROBRAS - CLARIFIES ON ARTICLE BY O GLOBO UNDER “PETROBRAS PLANS TO INVEST US$ 85 BILLION OVER THE NEXT 5 YEARS”.PETROLEO BRASILEIRO SA PETROBRAS - CLARIFIES ALREADY ACHIEVED US$8.3 BILLION IN CONCLUDED CONTRACTS FOR 2017-2018 BIENNIUM, MANY PROJECTS STILL ONGOING.PETROLEO BRASILEIRO SA PETROBRAS - CLARIFIES THERE IS NO DECISION ON CO’S BUSINESS & MANAGEMENT PLAN FOR 2019-2023.  Full Article

Petrobras Confirms That CEO Ivan de Souza Monteiro Will Leave As Of January 1, 2019
Monday, 19 Nov 2018 

Nov 19 (Reuters) - Petroleo Brasileiro SA Petrobras ::PETROLEO BRASILEIRO SA PETROBRAS - CONFIRMS THAT CEO, IVAN DE SOUZA MONTEIRO, WILL LEAVE COMPANY AS OF JANUARY 1.  Full Article

Weatherford Awarded Drillpipe Riser Contract With Petrobras
Wednesday, 7 Nov 2018 

Weatherford International PLC ::WEATHERFORD AWARDED DRILLPIPE RISER CONTRACT WITH PETROBRAS.WEATHERFORD INTERNATIONAL - CONTRACT IS EXPECTED TO YIELD APPROXIMATELY $80 MILLION IN REVENUE DURING INITIAL FOUR-YEAR PERIOD.WEATHERFORD INTERNATIONAL PLC - CONTRACT WILL REPLACE A CURRENT FIVE-SYSTEM CONTRACT THAT BEGAN IN MAY 2009..  Full Article

Teekay Offshore Partners Announces Settlement Agreements With Petrobras
Monday, 29 Oct 2018 

Oct 29 (Reuters) - Teekay Offshore Partners LP ::TEEKAY OFFSHORE PARTNERS ANNOUNCES SETTLEMENT AGREEMENTS WITH PETROBRAS.TEEKAY OFFSHORE PARTNERS LP - PETROBRAS HAS AGREED TO PAY A TOTAL AMOUNT OF $96 MILLION TO TEEKAY OFFSHORE.TEEKAY OFFSHORE PARTNERS LP - REMAINING $41 MILLION OF SETTLEMENT IS TO BE PAID IN TWO SEPARATE INSTALMENTS.TEEKAY OFFSHORE - SETTLEMENT RELATES TO PREVIOUSLY-TERMINATED CHARTER CONTRACTS OF HILOAD DP UNIT AND ARENDAL SPIRIT UNIT FOR MAINTENANCE AND SAFETY.TEEKAY OFFSHORE PARTNERS LP - IN Q4 , EXPECTS TO RECOGNIZE ABOVE-MENTIONED SETTLEMENT, WHICH IS EXPECTED TO INCREASE CO'S REVENUES BY ABOUT $91 MILLION.TEEKAY OFFSHORE - AGREED TO A REDUCTION IN CHARTER RATE TOTALING ABOUT $11 MILLION, EXPECTED TO BE CREDITED TO PETROBRAS OVER REMAINING CONTRACT TERM.TEEKAY OFFSHORE PARTNERS LP - ENTERED FURTHER SETTLEMENT AGREEMENT WITH PETROBRAS ABOUT DISPUTE RELATING TO CHARTER OF PIRANEMA SPIRIT FPSO.  Full Article

Petrobras oil output in Brazil falls in September
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Petroleo Brasileiro SA Petrobras ::PETROBRAS' OIL OUTPUT IN BRAZIL AT 1.88 MILLION BARRELS/DAY ON AVERAGE IN SEPT, 2 PERCENT LESS THAN IN PREVIOUS MONTH - COMPANY.PETROBRAS SAYS FALL IN OIL PRODUCTION IN SEPT DUE TO PLANNED MAINTENANCE IN 2 RIGS OPERATING IN CAMPOS BASIN.  Full Article

Brazil's Petrobras says it started oil and gas production at Lula Extremo Sul with platform P-69 - filing
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S PETROBRAS SAYS IT STARTED OIL AND GAS PRODUCTION AT LULA EXTREMO SUL WITH PLATFORM P-69 - FILING.  Full Article

EMERGING MARKETS-LatAm stocks boosted by Brazil record high; FX weaker

(Recasts throughout, updates prices) By Susan Mathew Jan 17 Most Latin American stocks rose on Thursday, with Brazil shares scaling new heights amid hopes that the new government's promised pension reforms plans may be revealed earlier than expected. The MSCI index of Latin American shares touched its highest level in eight months, with Sao Paulo's Bovespa stock index reversing early losses to close up 1 percent at an all-time high. Brazil's Economy Minister Paulo Gu