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Petroleo Brasileiro SA Petrobras (PETR4.SA)

PETR4.SA on Sao Paulo Stock Exchange

27.13BRL
22 Feb 2019
Change (% chg)

R$ -0.27 (-0.99%)
Prev Close
R$ 27.40
Open
R$ 27.55
Day's High
R$ 27.70
Day's Low
R$ 27.13
Volume
36,602,000
Avg. Vol
73,760,928
52-wk High
R$ 28.74
52-wk Low
R$ 14.17

Latest Key Developments (Source: Significant Developments)

DOF Subsea And TechnipFMC Announce Delivery Of Skandi Olinda And Commencement Of Contract With Petrobras
Monday, 18 Feb 2019 

Feb 18 (Reuters) - Dof Asa ::DOF SUBSEA AND TECHNIPFMC ANNOUNCE THE DELIVERY OF SKANDI OLINDA AND COMMENCEMENT OF CONTRACT WITH PETROBRAS.UNDER DOF/TECHNIPFMC JOINT VENTURE AGREEMENT, TECHNIPFMC WILL MANAGE FLEXIBLE PIPELAY.UNDER DOF/TECHNIPFMC JOINT VENTURE AGREEMENT, DOF WILL BE RESPONSIBLE FOR MARINE OPERATIONS.SAYS SKANDI OLINDA HAS COMMENCED ITS 8-YEAR CHARTER CONTRACT WITH PETRÓLEO BRASILEIRO S.A..  Full Article

TechnipFMC And DOF Subsea Announce Delivery Of Skandi Olinda, Commencement Of Contract With Petrobras
Monday, 18 Feb 2019 

Feb 18 (Reuters) - TechnipFMC PLC ::TECHNIPFMC AND DOF SUBSEA ANNOUNCE THE DELIVERY OF SKANDI OLINDA AND COMMENCEMENT OF CONTRACT WITH PETROBRAS.TECHNIPFMC PLC - SKANDI OLINDA HAS COMMENCED ITS 8-YEAR CHARTER CONTRACT WITH PETRÓLEO BRASILEIRO S.A.  Full Article

Equinor's Brazil chief sees room to boost profitability of fields
Wednesday, 6 Feb 2019 

LONDON, Feb 6 (Reuters) - Equinor's chief for operations in Brazil, Margareth Oevrum, told a capital markets day on Wednesday::EQUINOR'S BRAZIL CHIEF: BREAK-EVEN PRICE OF NON-SANCTIONED BRAZILIAN PROJECTS IS BELOW $40/BARREL, "WE HAVE AMBITIONS TO LOWER IT FURTHER".EQUINOR'S BRAZIL CHIEF: AT BRAZIL'S RONCADOR FIELD, WE ARE CONFIDENT WE CAN BOOST RECOVERY AT FIELD.EQUINOR BRAZIL CHIEF: RONCADOR'S RECOVERY RATE IS 29 PERCENT, LONG-TERM AMBITION IS 40 PERCENT.EQUINOR'S BRAZIL CHIEF: AT CARCARA FIELD, THERE IS POTENTIAL TO LOWER BREAK EVEN FURTHER FROM CURRENT LEVEL OF BELOW $35/BARREL.  Full Article

Brazil's Petrorio Says Will Pay $184 Million For Chevron's 70 Pct Stake In Frade, Plus $225 Million Over 24 Months- Filing
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Petro Rio SA ::BRAZIL'S PETRORIO SAYS THERE ARE NO "ONGOING NEGOTIATIONS OR BINDING AGREEMENTS" TO BUY PETROBRAS' 30 PERCENT STAKE IN FRADE OIL FIELD- FILING.BRAZIL'S PETRORIO SAYS WILL PAY $184 MILLION FOR CHEVRON'S 70 PERCENT STAKE IN FRADE OIL FIELD, PLUS $225 MILLION OVER THE NEXT 24 MONTHS- FILING.BRAZIL'S PETRORIO TO BECOME OPERATOR OF FRADE OIL FIELD- FILING.  Full Article

Shell And Partners Start Deep-Water Production At Lula North In Brazil
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Petroleo Brasileiro SA Petrobras ::SHELL AND PARTNERS START DEEP-WATER PRODUCTION AT LULA NORTH IN BRAZIL.THROUGH SHELL BRASIL PETRÓLEO LTDA. WITH CONSORTIUM PARTNERS, PRODUCTION STARTS AT LULA NORTH DEEP-WATER PROJECT IN BRAZILIAN SANTOS BASIN.  Full Article

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

RPT-FOCUS-Engie to scale back overseas, cut costs to boost revenues - sources

PARIS, Feb 21 Utility Engie is poised to cut back its geographical spread of businesses and focus on grids and renewables in a 1 billion euro cost-cutting drive to bolster revenues, sources familiar with the matter said.