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Petrobras

Petrobras

Petrobras is a brazilian energy company founded in 1953 by Getúlio Vargas.

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April 9, 2021
Petrobras allocates R $ 100 million for actions to support society in combating Covid-19.

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August 16, 2021
WebWire
Last Sunday night, August 15, in Houston (USA), Petrobras received the Distinguished Achievement Award for Companies, the main award in the world oil and gas industry. Awarded annually by the Offshore Technology Conference (OTC), the award recognized the set of innovations developed to enable the production of Búzios, the largest deepwater oil field in the world, in the pre-salt of the Santos Basin. "This achievement celebrates our technological journey built over more than 60 years of ex...
August 12, 2021
WebWire
A 22.5% growth compared to the same period last year (R$ 62.6 billion), which is mainly due to the payment of royalties and ICMS. Thus, once again, Petrobras continues to be one of the largest payers of taxes and government participation in Brazil, generating an expressive return for society., , , , The total paid comprises R$32.4 billion in taxes related to its operations; R$23.3 billion in government participation and R$21 billion in taxes withheld from third parties, since the company has a...
Petróleo Brasileiro S.A. - Petrobras
June 9, 2021
www.prnewswire.com:443
/PRNewswire/ -- Petróleo Brasileiro S.A. - Petrobras ("Petrobras") (NYSE: PBR) today announced the expiration and expiration date results of the previously...
May 27, 2021
WebWire
The Covid-19 pandemic worsened unemployment in Brazil and increased the number of people in line with extreme poverty. To help families that are in a vulnerable state, this week Petrobras will start donating 180 thousand basic food baskets. The donation totals R $ 22.7 million invested and will benefit, in total, 60 thousand families, in 10 states of the country, who will receive the donation for three months. In order to define the contemplated families, a previous mapping was carried out...
Carl Zeiss Industrial Metrology, LLC
May 25, 2021
www.prnewswire.com:443
/PRNewswire/ -- ZEISS Industrial Quality Solutions Since January 2021, ZEISS has been working with the non-profit, private research and technology organization...
May 12, 2021
WebWire
In order to reinforce the solidarity action of donating medicines for intubation, Vale had the support of more companies to purchase these supplies. An additional 300,000 drugs will be donated for the treatment of patients with Covid-19 admitted to the ICU, making a total of 3.7 million pain relievers, sedatives and neuromuscular blockers. All inputs are being delivered to the Ministry of Health, responsible for distribution by the States through the Unified Health System (SUS). The last ba...
April 12, 2021
WebWire
In view of the worsening Covid-19 pandemic in Brazil and the consequent shortage of supplies for ICU patient care, a group of companies joined together to donate 3.4 million medicines for intubation to the Ministry of Health. This amount is sufficient to manage 500 beds for a period of one and a half months. This emergency solidarity action has the engagement and support of Engie, Itaú Unibanco, Klabin, Petrobras and Raízen, in addition to Vale, which initiated this action two weeks ago. ...
April 12, 2021
WebWire
Petrobras concluded the sale of its entire 49% stake in Eólica Mangue Seco 1 - Geradora e Comercializadora de Energia Elétrica SA (Eólica Mangue Seco 1) to V2I Energia SA, invested by Vinci Energia Fundo de Investimento em Participações in Infrastructure, which is managed by Vinci Infraestrutura Gestora de Recursos Ltda., , , , After the fulfillment of all the preceding conditions, the transaction was concluded with the payment of R $ 44 million to Petrobras, with the adjustments provided for...
April 9, 2021
WebWire
Petrobras approved the allocation of over R $ 76 million for a series of voluntary actions to support society in the face of the Covid-19 pandemic, in continuity with the efforts that have been carried out by the company since last year. The total value of Petrobras' shares since the beginning of the pandemic has already reached R $ 100 million. The new initiative provides for the distribution of basic food baskets to families in extreme poverty, which are the most affected by the pandemi...
Reuters
December 12, 2020
@bsindia
Prosecutors said there was evidence of bribe payments to Petrobras employees in exchange for privileged information that allowed Maersk to secure shipping contracts
December 10, 2020
WebWire
Petrobras informed that it completed the sale of 100% of its interests in four onshore fields, located in the Tucano Basin, in the interior of the state of Bahia, to Eagle Exploração de Óleo e Gás Ltda (Eagle)., , , , After all the precedent conditions were met, the transaction was concluded with the payment of US $ 2.571 million to Petrobras, with the adjustments provided for in the contract. The amount received at closing adds up to the amount of US $ 602 thousand paid to Petrobras at the si...
November 25, 2020
WebWire
Petrobras is launching a new program to promote the oil and gas production chain in Brazil., "Mais Valor", which also aims to increase competitiveness in the company's hiring. The initiative seeks to support the sector, hit by the coronavirus pandemic, offering the opportunity for suppliers to anticipate invoices for goods and services already delivered or carried out. , , , , The new solution will expand companies 'access to working capital operations at more competitive rates with partner b...
Carolina Mandl and Sabrina Valle | Reuters
November 9, 2020
@bsindia
Both Refap and Repar are located in Brazils southern region and have a production capacity of 200,000 barrels per day each
November 2, 2020
WebWire
In a challenging year such as 2020, Petrobras acted swiftly to ensure liquidity during the first semester, the most critical moment of the crisis so far. In the third trimester, thanks to solid cash flow, supported mainly by the operational performance and increase in the price of Brent, the company managed to speed up its process of leverage and cash flow generation. The cash flow measured by Ebitda presented a remarkable recovery in relation to the last trimester, partly due to the trim...
Bloomberg
August 20, 2020
@bsindia
Move puts the firms at the forefront of cloud computing for oil exploration
August 4, 2020
WebWire
Even in a challenging scenario such as the second quarter of 2020, Petrobras has managed to present solid results due to swift decisions taken shortly after the crisis' beginning. The company has ended the quarter with a recurring Ebitda of US$ 3,4 billion and free cash flow of US$ 3,0 billion. The numbers show that, even with a 42% reduction in the oil barrel price (Brent) and the period's lower internal demand, the company proceeded steadily in its operation, with sufficient balance to e...
Gram Slattery
May 15, 2020
IN
Brazil's Petrobras took a 65.3 billion real ($11.2 billion) impairment on its exploration and production assets on Thursday, warning investors that changes in consumer behavior resulting from the coronavirus pandemic would likely be permanent.
Carolina Mandl
May 12, 2020
IN
Lack of financing for the buyers of Brazil's Petroleo Brasileiro SA refineries may extend the delay in the sale process, three people with knowledge of the matter said.
Gram Slattery
April 3, 2020
U.S.
Recent negotiations involving leaders from major oil-producing nations and the United States will prove irrelevant for oil prices, which are low because of depressed demand, the chief executive of Brazil's Petrobras said on Thursday evening.
April 1, 2020
WebWire
Petrobras reports that its Board of Directors has decided to join the initiative of the company's Executive Board and approved the postponement of 30% of the remuneration of its members in April, May and June, for payment in September., , , , Petrobras has already announced on 03/26/2020 the payment postponement of 30% of the total monthly remuneration of the CEO, Chief Officers, Executive Managers and General Managers., , , , The Board of Directors' decision is in line with the series of measures...
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