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Petroleo Brasileiro SA Petrobras (PETR4.SA)

PETR4.SA on Sao Paulo Stock Exchange

25.77BRL
15 Oct 2018
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Latest Key Developments (Source: Significant Developments)

Brazil's Petrobras aims to restart Replan refinery in "coming days" -Filing
Monday, 27 Aug 2018 

Aug 27 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S STATE-RUN OIL COMPANY PETROBRAS SAYS IT HOPES TO RESTART OPERATIONS AT REPLAN REFINERY IN "COMING DAYS" -FILING.BRAZIL'S PETROBRAS SAYS INITIATES BINDING PHASE FOR SALE OF FULL STAKE IN BAUNA FIELD IN SANTOS BASIN -FILING.BRAZIL'S PETROBRAS SAYS INITIATES BINDING PHASE FOR SALE OF 50 PERCENT STAKE IN TARTARUGA VERDE AND MODULO III DO CAMPO ESPADARTE FIELDS IN CAMPOS BASIN -FILING.  Full Article

Petrobras says SBM to pay it 549 mln reais as part of leniency deal
Thursday, 26 Jul 2018 

July 26 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S STATE-CONTROLLED OIL COMPANY PETROBRAS SAYS SIGNED LENIENCY DEAL WITH SBM OFFSHORE AND SBM HOLDING - FILING.PETROBRAS SAYS SBM TO PAY IT 549 MILLION REAIS AS PART OF LENIENCY DEAL - FILING.  Full Article

SBM Offshore Says Leniency Agreement Signed Between SBM Offshore, Brazilian Authorities And Petrobras
Thursday, 26 Jul 2018 

July 26 (Reuters) - SBM Offshore NV ::LENIENCY AGREEMENT SIGNED BETWEEN SBM OFFSHORE, BRAZILIAN AUTHORITIES AND PETROBRAS.SBM OFFSHORE - PAYMENT AMOUNTS AGREED UPON IN LENIENCY AGREEMENT ARE IN LINE WITH PROVISION MAINTAINED BY CO CORRESPONDING TO THIS INITIAL AGREEMENT.SBM OFFSHORE - UNDER THE TERMS OF THE LENIENCY AGREEMENT, CGU, AGU AND PETROBRAS COMMIT TO TERMINATE ALL OF THEIR INVESTIGATIONS AGAINST THE COMPANY.  Full Article

Brazil's Petrobras said it extended maturities in a $1 billion loan - filing
Thursday, 19 Jul 2018 

July 19 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S PETROBRAS SAID IT EXTENDED MATURITIES IN A $1 BILLION LOAN WITH MIZUHO BANK FROM 2020 AND 2022 TO 2024 - FILING.BRAZIL'S PETROBRAS SAID NEW LOAN WITH MIZUHO HAS "MORE COMPETITIVE" PRICES - FILING.  Full Article

SBM Offshore Updates On Legacy Issues In Brazil
Thursday, 5 Jul 2018 

July 5 (Reuters) - SBM OFFSHORE NV ::UPDATE ON LEGACY ISSUES IN BRAZIL.ON JULY 4, 2018 COMPANY BECAME AWARE OF AN INTERIM DECISION BY JUDGE HANDLING CASE..FROM WHAT COMPANY UNDERSTANDS THUS FAR, JUDGE HAS PARTIALLY GRANTED REQUEST FOR A PROVISIONAL MEASURE.PROVISIONAL MEASURE AIMS TO ORDER PETROBRAS TO START WITHHOLDING A PERCENTAGE OF MONTHLY PAYMENTS DUE TO SBM OFFSHORE COMPANIES UNDER CERTAIN CHARTER CONTRACTS IN ESCROW.JUDGE IS REQUESTING MORE INFORMATION FROM PETROBRAS AND COMPANY.DECISION REFERENCES FACT THAT SBM OFFSHORE IS HEADQUARTERED OVERSEAS.BEFORE TAKING A DECISION ON AMOUNTS TO BE WITHHELD, JUDGE IS REQUESTING MORE INFORMATION FROM PETROBRAS AND COMPANY.PETROBRAS IS REQUESTED TO INDICATE ITS INTEREST IN BECOMING A PLAINTIFF IN IMPROBITY LAWSUIT AS WELL AS TO PRESENT EVIDENCE ON IMPACT OF RETENTION OF AMOUNTS..COMPANY STRONGLY DISAGREES WITH INTERIM DECISION, IS SEEKING FURTHER CLARIFICATION AND IS TAKING ALL APPROPRIATE MEASURES TO DEFEND ITS INTERESTS.COMPANY IS REQUESTED TO PROVIDE FINANCIAL INFORMATION ON CONTRACTS THAT ARE PART OF OBJECT OF THIS LITIGATION..FEDERAL GOVERNMENT IS ALSO REQUESTED TO INDICATE ITS INTEREST IN THIS LITIGATION..UNDER CURRENT CIRCUMSTANCES, COMPANY CANNOT GUARANTEE THAT A SATISFACTORY RESOLUTION WILL BE REACHED.  Full Article

Brazil's Petrobras begins sale process of stakes in thermal power plants Pecém and Camaçari- filing
Tuesday, 3 Jul 2018 

July 2 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S PETROBRAS STARTS SALE PROCESS OF STAKES IN THERMAL POWER PLANTS PECÉM AND CAMAÇARI MURICY- FILING.PETROBRAS TO SELL 45 PERCENT OF PECEM THERMAL POWER PLANT AND 50 PERCENT OF CAMACARI PLANT - FILING.THERMAL POWER PLANTS IN WHICH PETROBRAS WILL SELL STAKES TO BEGIN SUPPLYING ENERGY BY OCTOBER 2020 - FILING.  Full Article

Brazil's Petrobras Says began process to sell stakes in Campos Basin, Santos basin fields- Filing
Monday, 18 Jun 2018 

June 18 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S PETROBRAS SAYS BEGAN NON-BINDING PHASE OF SALE OF 50 PERCENT STAKE IN TARTARUGA VERDE FIELD, PART OF ESPADARTE FIELD IN CAMPOS BASIN- FILING.BRAZIL'S PETROBRAS SAYS INTERESTED COMPANIES WILL HAVE ACCESS TO DATA ROOM ON CAMPOS BASIN FIELDS PUT UP FOR SALE - FILING.BRAZIL'S PETROBRAS SAYS BEGAN NON-BINDING PHASE OF SALE OF BAUNA FIELD IN SANTOS BASIN.  Full Article

Brazil's Petrobras confirms board chose Ivan Monteiro as interim CEO - Filing
Friday, 1 Jun 2018 

June 1 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S PETROBRAS CONFIRMS THAT BOARD CHOSE IVAN MONTEIRO AS INTERIM CEO - FILING.  Full Article

Brazil's Petrobras announces $4 billion global bond buyback
Monday, 21 May 2018 

May 21 (Reuters) - Petroleo Brasileiro SA ::BRAZIL'S STATE-RUN OIL COMPANY PETROBRAS ANNOUNCES $4 BILLION GLOBAL BOND BUYBACK PROGRAM.PETROBRAS SAYS BUYBACK PERIOD WILL LAST UNTIL JUNE 18.  Full Article

Petrobras had record production in Brazil for fourth consecutive year In 2017- Filing
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Petroleo Brasileiro Sa Petrobras ::BRAZIL'S PETROBRAS SAYS OIL PRODUCTION IN BRAZIL REACHED RECORD 2.15 MILLION BPD LAST YEAR.BRAZIL'S PETROBRAS SAYS NATURAL GAS PRODUCTION REACHED 2.65 MILLION BARRELS OF OIL EQUIVALENT PER DAY IN 2017- FILING.BRAZIL'S PETROBRAS SAYS SUBSALT PRODUCTION (WITH PARTNERS) ROSE 26 PERCENT LAST YEAR AND REACHED RECORD 1.29 MILLION BARRELS PER DAY- FILING.PETROBRAS SAYS OIL AND NATURAL GAS PRODUCTION IN BRAZIL IN DECEMBER WAS 2.62 MILLION BARRELS OF OIL EQUIVALENT PER DAY- FILING.PETROBRAS SAYS POSTED PRODUCTION RECORD FOR FOURTH CONSECUTIVE YEAR IN 2017- FILING.  Full Article

UPDATE 1-Brazil far-right candidate could revise pre-salt oil contracts -report

RIO DE JANEIRO, Oct 15 Brazil's far-right presidential front-runner Jair Bolsonaro could revise the country's model of production-sharing contracts in its coveted pre-salt oil fields if he wins this month's election, newspaper Valor reported on Monday.