Tag: Brazil’s Petrobras

RIO DE JANEIRO, BRAZIL - Petrobras' Executive Director for Marketing and Logistics Cláudio Mastella said yesterday, February 24, that the company is monitoring the development of the crisis between Russia and Ukraine, which, so far, is restricted to the...
RIO DE JANEIRO, BRAZIL - Petrobras (PETR3;PETR4) is monitoring the tension between Russia and Ukraine, which occurs at a bullish moment for the oil market, also driven by strong global demand and insufficient supply, said the state-owned company's CEO,...
RIO DE JANEIRO, BRAZIL - Petrobras (PETR3;PETR4) produced 2.7 MMboe/d (million barrels of oil equivalent per day) of oil and natural gas, down 4.5% from the third quarter, according to a market filing on Wednesday, February 9. Petrobras' crude production...
RIO DE JANEIRO, BRAZIL - Petrobras (PETR3;PETR4) has completed the sale of its stake in 7 concessions, namely the Alagoas Pole, to Origem Energia S.A (former Petro+). The operation was finalized after Petrobras received US$240 million. According to Petrobras, this...
RIO DE JANEIRO, BRAZIL - Petrobras told the Administrative Council for Economic Defense (CADE) that its investigation into the fuel readjustment is irregular and called for the administrative inquiries opened by the council this month to be shelved. "For all...
RIO DE JANEIRO, BRAZIL - Petrobras (PETR3; PETR4) set a record for investments in preventive maintenance shutdowns in its refining park in 2021, with spending of R$2.3 billion (US$423 million). Despite several scheduled maintenance stoppages, Petrobras reached an average of...
RIO DE JANEIRO, BRAZIL - CADE has opened an inquiry to investigate evidence of economic violations by Petrobras in the fuel market. The investigation is based on public documents and news reports about gasoline and diesel price hikes. The inquiry...
RIO DE JANEIRO, BRAZIL - Petrobras (PETR3;PETR4) set a new annual production record in the pre-salt in 2021, reaching 1.95 million boed. This output represents 70% of the company's total production last year, which amounted to 2.77 million boed. The...
RIO DE JANEIRO, BRAZIL - Petrobras intends to launch an offer for the sale of its stake in Braskem by February. The information is stated in a notice to the market concerning news published recently in the press. The company...

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