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Petroleo Brasileiro SA Petrobras (PETR4.SA)

PETR4.SA on Sao Paulo Stock Exchange

27.44BRL
19 Jul 2019
Change (% chg)

R$ -0.07 (-0.25%)
Prev Close
R$ 27.51
Open
R$ 27.50
Day's High
R$ 27.60
Day's Low
R$ 27.37
Volume
28,175,900
Avg. Vol
55,089,312
52-wk High
R$ 29.60
52-wk Low
R$ 17.65

Latest Key Developments (Source: Significant Developments)

Petrobras Announces Early Tender Results And Early Settlement For Waterfall Offers
Tuesday, 16 Jul 2019 

July 16 (Reuters) - Petroleo Brasileiro SA Petrobras ::PETROBRAS ANNOUNCES EARLY TENDER RESULTS AND EARLY SETTLEMENT FOR WATERFALL OFFERS.PETROLEO BRASILEIRO SA PETROBRAS - EARLY SETTLEMENT DATE ON WHICH PGF WILL MAKE PAYMENT FOR NOTES ACCEPTED IN WATERFALL OFFERS IS JULY 17.PETROLEO BRASILEIRO SA - PAYMENT TO PURCHASE ON EARLY SETTLEMENT DATE ACCEPTED NOTES WILL BE ABOUT $1.94 BILLION EXCLUDING ACCRUED, UNPAID INTEREST.  Full Article

Brazil's Petrobras says compliance director is leaving - filing
Friday, 5 Jul 2019 

July 5 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S STATE-CONTROLLED OIL COMPANY PETROBRAS SAYS COMPLIANCE DIRECTOR RAFAEL GOMES IS LEAVING THE COMPANY - FILING.PETROBRAS SAYS GOMES IS LEAVING THE POST ON PERSONAL REASONS; COMPANY WILL LAUNCH PROCESS TO SELECT NEW DIRECTOR.  Full Article

Brazil's BR Distribuidora pays $110 mln to pension fund Petros - filing
Monday, 1 Jul 2019 

July 1 (Reuters) - Petrobras Distribuidora SA ::BRAZIL'S BR DISTRIBUIDORA SAYS HAS PAID 423 MILLION REAIS ($110.14 MILLION) TO PENSION FUND PETROS - FILING.BRAZIL'S BR DISTRIBUIDORA SAYS PAYMENT IS PART OF AGREEMENT TO FINANCIALY REBALANCE PENSION FUND PETROS - FILING.  Full Article

Petrobras Parties Pay Vantage Drilling Parties $700.9 Million To Satisfy Arbitration Award And Related U.S. Judgment
Friday, 21 Jun 2019 

June 21 (Reuters) - Petroleo Brasileiro SA Petrobras ::PETROBRAS PARTIES PAY VANTAGE DRILLING PARTIES $700.9 MILLION TO SATISFY ARBITRATION AWARD AND RELATED U.S. JUDGMENT.VANTAGE DRILLING-PETROBRAS VENEZUELA INVESTMENTS & SERVICES PAID VANTAGE DEEPWATER ABOUT $690.8 MILLION TO SATISFY ARBITRATION AWARD & RELATED U.S. JUDGMENT CONFIRMING AWARD.VANTAGE DRILLING CO - PETROBRAS AMERICA PAID VANTAGE DEEPWATER DRILLING APPROXIMATELY $10.1 MILLION.  Full Article

Brazil's Petrobras says looking for interested parties to divest two onshore blocs
Monday, 3 Jun 2019 

June 3 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S PETROBRAS SAYS IT IS LOOKING FOR INTERESTED PARTIES TO DIVEST TWO SETS OF ONSHORE BLOCS INVOLVING GAS AND OIL FIELDS IN THE STATE OF BAHIA.PETROBRAS SAYS ONE BLOC, POLO RECONVCAVO, HAS CAPACITY FOR 2,800 BPD AND 588,000 GAS M3/DAY.PETROBRAS SAYS THE OTHER BLOC, POLO RIO VENTURA, HAS CAPACITY FOR 1,500 BPD AND 43,000 GAS M/3/DAY.  Full Article

Saipem: Proceedings In Brazil For Alleged Irregularities In 2011 Order By Petrobras
Thursday, 30 May 2019 

May 30 (Reuters) - Saipem SpA ::NOTIFICATION OF ADMINISTRATIVE PROCEEDINGS IN BRAZIL.HAS BEEN NOTIFIED ABOUT START OF PROCEEDINGS FOR ALLEGED IRREGULARITIES IN AWARD BY PETROBRAS.AWARD WAS IN DEC 2011 FOR INSTALLATION OF GAS PIPELINE BETWEEN LULA AND CERNAMBI FIELDS IN SANTOS BASIN.SAYS UNITS IN PROCEEDINGS WILL COOPERATE BY PROVIDING ALL CLARIFICATIONS REQUESTED.SAYS UNITS HAVE CONFIDENCE IN CORRECTNESS OF AWARD OF CONTRACT.  Full Article

Brazil's Petrobras says was informed of court decision suspending fertlizer sale
Thursday, 30 May 2019 

RIO DE JANEIRO, May 30 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S PETROBRAS SAYS IT WAS INFORMED OF FEDERAL COURT INJUNCTION SUSPENDING SALE OF ARAUCARIA NITROGENOS UNIT AND UFN-III FERTILIZER UNIT.BRAZIL'S PETROBRAS SAYS WILL TAKE NECESSARY STEPS TO DEFEND ITS INTEREST REGARDING PRIVATIZATIONS -FILING.  Full Article

Vantage Drilling International - Court Confirms Arbitration Award In Favor Of Vantage Drilling And Denies Petrobras's Motion To Vacate Award
Monday, 20 May 2019 

May 20 (Reuters) - Vantage Drilling International::VANTAGE DRILLING INTERNATIONAL - COURT CONFIRMS ARBITRATION AWARD IN FAVOR OF VANTAGE DRILLING AND DENIES PETROBRAS'S MOTION TO VACATE AWARD.VANTAGE DRILLING INTERNATIONAL- THE COURT ALSO DENIED PETROBRAS ENTITIES' MOTION TO VACATE ARBITRATION AWARD.VANTAGE DRILLING INTERNATIONAL - VANTAGE ENTITIES ARE SEEKING TO ENFORCE AND RECOGNIZE ARBITRATION AWARD IN NETHERLANDS.VANTAGE DRILLING INTERNATIONAL - DUTCH COURT OF APPEALS IS EXPECTED TO RENDER A DECISION LATER THIS YEAR.VANTAGE DRILLING INTERNATIONAL - CASE IN CONNECTION WITH BREACH OF A DRILLING SERVICES CONTRACT WITH VANTAGE ENTITIES IN 2015.  Full Article

Brazil's Petrobras keeps 2019 production target at 2.8 mln BOE/day
Wednesday, 8 May 2019 

May 8 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S PETROBRAS SAYS MAINTAINS 2019 PRODUCTION TARGET OF 2.8 MILLION BARRELS OF OIL EQUIVALENT PER DAY - PRESENTATION.BRAZIL'S PETROBRAS SAYS 86 PERCENT OF PLANNED RAMP UP OF FIELDS IN 2019 ARE CONCLUDED - PRESENTATION.BRAZIL'S PETROBRAS SAYS REACHES 81 PERCENT OF MARKET SHARE IN DOMESTIC GASOLINE MARKET IN Q1, DOWN FROM 84 PERCENT LAST YEAR.BRAZIL'S PETROBRAS SAYS REACHES 84 PERCENT OF MARKET SHARE IN DOMESTIC DIESEL MARKET IN Q1, DOWN FROM 85 PT LAST YEAR.  Full Article

Board Of Brazil's Fuel Distribution Co Petrobras Distribuidora Elects Rafael Grisolia As CEO- Filing
Monday, 29 Apr 2019 

April 29 (Reuters) - Petrobras Distribuidora SA ::BOARD OF BRAZIL'S FUEL DISTRIBUTION CO PETROBRAS DISTRIBUIDORA ELECTS RAFAEL GRISOLIA AS CEO- FILING.  Full Article

Two more Iranian ships may be stranded in Brazil as sanctions bite

SAO PAULO Two more Iranian bulk carriers that came to Brazil carrying urea and were expected to return home with corn could be left without enough fuel, as Brazilian state oil firm Petrobras refuses to provide them with bunker fuel due to U.S. sanctions.