Petroleo Brasileiro SA Petrobras (PETR3.SA)

Tue, Aug 20 2019

Petrobras says cost of oil extraction in sub-salt area may fall below $6 a barrel

RIO DE JANEIRO, Aug 20 State-controlled oil firm Petroleo Brasileiro SA said the cost of extracting oil in subsalt areas may fall from the current level of $6 a barrel, Chief Executive Roberto Castello Branco said during an event.

Deals of the day-Mergers and acquisitions

Aug 19 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

Brazil's Petrobras received three binding offers for LPG unit- sources

RIO DE JANEIRO, Aug 19 Brazil's state-controlled oil company Petroleo Brasileiro SA received three binding offers last Friday to sell its LPG distribution unit Liquigas Distribuidora SA, two sources with knowledge of the matter said on Monday, asking for anonymity to disclose non-public information.

Brazil's Petrobras to pre-pay Chinese loans, end oil supply obligation

SAO PAULO, Aug 14 Brazil's state-controlled oil company Petrobras has pre-paid a loan of $3 billion with China Development Bank, and will also pre-pay in December a second loan worth $5 billion with the same bank, the company said on Wednesday.

Brazil's Petrobras plans to sell 15 of the 26 power plants next year- exec

RIO DE JANEIRO, Aug 14 Brazil's state-controlled oil company Petroleo Brasileiro SA plans to sell 15 of the 26 power plants it owns, Petrobras head of downstream, Anelise Lara, said on Wednesday.

Petrobras CEO says more than 20 groups interested in buying refineries

RIO DE JANEIRO, Aug 13 More than 20 potential bidders are interested in the refineries that Brazil's state-controlled oil company Petroleo Brasileiro SA plans to sell, the company's chief executive officer said on Tuesday.

UPDATE 1-Petrobras delays delivery of bids for LPG unit to next week -source

RIO DE JANEIRO, Aug 8 Brazil's state-controlled oil company Petroleo Brasileiro SA has delayed until next week the delivery of binding proposals for its liquefied petroleum gas (LPG) distribution unit Liquigas, a source with direct knowledge of the matter told Reuters.

Brazil's Petrobras sells off $320 mln hedge position as crude falls

RIO DE JANEIRO, Aug 8 Brazil's Petroleo Brasileiro SA sold its entire oil hedge position amid a sharp fall in crude prices, the company said in a filing on Wednesday night, saying it has eliminated uncertainties regarding its cash flow thanks in part to divestments.

Petrobras delays delivery of bids for LPG unit to August 16- report

SAO PAULO, Aug 8 Brazil's state-controlled oil company Petroleo Brasileiro SA has delayed to Aug. 16 the delivery of binding proposals for its liquefied petroleum gas (LPG) distribution unit Liquigas, newspaper Valor Economico reported on Thursday.

Brazil's Petrobras studies sale of power plants, CEO tells brokerage

SAO PAULO Brazil's state-controlled oil company Petroleo Brasileiro SA is studying the creation of a subsidiary comprised of around 15 power plants, which could then be sold through an initial public offering, analysts at XP Investimentos said in a report sent to clients on Tuesday.

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