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Petroleo Brasileiro SA Petrobras (PETR3.SA)

PETR3.SA on Sao Paulo Stock Exchange

30.70BRL
25 Jun 2019
Change (% chg)

R$ -0.96 (-3.03%)
Prev Close
R$ 31.66
Open
R$ 31.50
Day's High
R$ 31.54
Day's Low
R$ 30.58
Volume
15,139,900
Avg. Vol
10,145,836
52-wk High
R$ 33.70
52-wk Low
R$ 17.56

Latest Key Developments (Source: Significant Developments)

Brazil's Petrobras announces the beginning of binding phase related to the sale of onshore oilfields Polo Rio Ventura
Tuesday, 25 Jun 2019 

June 25 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S PETROBRAS ANNOUNCES THE BEGINNING OF BINDING PHASE RELATED TO THE SALE OF ONSHORE OILFIELDS POLO RIO VENTURA.  Full Article

Petrobras Announces Beginning Of Binding Phase Related To The Sale Of Liquigás
Thursday, 20 Jun 2019 

June 20 (Reuters) - Petroleo Brasileiro SA Petrobras ::PETROLEO BRASILEIRO SA PETROBRAS - BEGINNING OF BINDING PHASE RELATED TO THE SALE OF LIQUIGÁS DISTRIBUIDORA S.A..  Full Article

Brazil's Petrobras Expects To Price Its Secondary Share Offering On June 25- Filing
Wednesday, 19 Jun 2019 

June 18 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S STATE-RUN OIL COMPANY PETROBRAS SAYS EXPECTS TO PRICE ITS SECONDARY SHARE OFFERING ON JUNE 25- FILING.BRAZIL'S STATE-RUN OIL COMPANY PETROBRAS SAYS OFFERING PROSPECTUS HAD SMALL CHANGES ON TIMELINE FOR RETAIL INVESTORS- FILING.  Full Article

Brazil Supreme Court delays privatization ruling to Wednesday
Thursday, 30 May 2019 

BRASILIA, May 30 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL SUPREME COURT PRESIDENT TOFFOLI SAYS COURT WILL NOT DECIDE ON PETROBRAS PRIVATIZATIONS TODAY, WILL ONLY HEAR TESTIMONY FROM INTERESTED PARTIES.BRAZIL SUPREME COURT PRESIDENT SAYS COURT TO DECIDE ON PRIVATIZATIONS ON WEDNESDAY.  Full Article

Vantage Drilling Awarded $734 Mln Related To Dispute With Petroleo Brasileiro
Friday, 24 May 2019 

May 24 (Reuters) - Vantage Drilling::VANTAGE DRILLING INTERNATIONAL-ON MAY 22, DISTRICT COURT CONFIRMED ARBITRATION AWARD OF ABOUT $734 MILLION RELATED TO DISPUTE WITH PETROLEO BRASILEIRO (CORRECTS SYNTAX).  Full Article

McDermott Awarded EPCI Contract By Petrobras For Sepia Field Project
Tuesday, 14 May 2019 

May 14 (Reuters) - McDermott International Inc ::MCDERMOTT AWARDED EPCI CONTRACT BY PETROBRAS FOR SEPIA FIELD PROJECT.MCDERMOTT - AWARD OF A SIGNIFICANT CONTRACT BY PETROBRAS FOR ENGINEERING, PROCUREMENT, CONSTRUCTION AND INSTALLATION OF SUBSEA RISERS AND FLOWLINES.MCDERMOTT INTERNATIONAL - ENGINEERING WORK EXPECTED TO BEGIN IMMEDIATELY, AND CONTRACT WILL BE REFLECTED IN MCDERMOTT'S Q2 2019 BACKLOG.  Full Article

Petroleo Brasileiro SA Files For Offering Of Up To 241.34 Mln Shares
Thursday, 9 May 2019 

May 9 (Reuters) - Petroleo Brasileiro SA Petrobras ::PETROLEO BRASILEIRO SA FILES FOR OFFERING OF UP TO 241.34 MILLION COMMON SHARES BY SELLING SHAREHOLDER - SEC FILING.  Full Article

Petrobras sees pre-salt share of oil output rising to 60 pct by year's end
Wednesday, 8 May 2019 

May 8 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S PETROBRAS CEO SAYS STUDIES REGARDING PARTNERSHIP WITH CNPC TO BE COMPLETED IN AUGUST.PETROBRAS CEO SAYS CO WILL SELL MINORITY STAKES IN TAG AND NTS PIPELINE UNITS UPON CLOSING TRANSACTION WITH ENGIE AND CDPQ.PETROBRAS CEO SAYS HE WAS SURPRISED AT LOW LEVEL OF INVESTMENT BY CO IN FIRST QUARTER.PETROBRAS CEO SAYS CO 'SIMPLY ACQUIRED INFORMATION PACKETS' ABOUT PRODUCTION AND EXPLORATION ASSETS IN ISRAEL AND GUYANA, HAS NO INTENTION OF ACTUALLY INVESTING OUTSIDE BRAZIL.PETROBRAS EXEC SAYS OIL PRODUCTION COMING FROM PRE-SALT AREA WILL RISE TO 60 PERCENT AT YEAR-END FROM 49 PERCENT IN Q1.  Full Article

Petrobras Head Of Downstream Says Co Will Publish Teaser To Sell Refineries At The End Of June
Wednesday, 8 May 2019 

May 8 (Reuters) - Petroleo Brasileiro SA Petrobras ::PETROBRAS HEAD OF DOWNSTREAM SAYS CO WILL PUBLISH TEASER TO SELL REFINERIES AT THE END OF JUNE.PETROBRAS CEO SAYS GOAL OF RETURN ON CAPITAL DEPLOYED OF 11 PERCENT IS AGGRESSIVE, BUT FEASIBLE.PETROBRAS CEO SAYS CO WILL ANALYZE WHY THE COMPANY IS NOT DEPLOYING CAPEX AS FAST AS FORECAST.PETROBRAS CEO SAYS PLANS TO SELL REMAINING MINORITY STAKES IN TAG AND NTS GAS PIPELINE UNITS AS SOON AS POSSIBLE.  Full Article

Brazilian Antitrust Watchdog Cade Approves Sale Of Pipeline Unit Tag To Engie, Canadian Pension Fund CPQD- Official Gazette
Wednesday, 8 May 2019 

May 8 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZILIAN ANTITRUST WATCHDOG CADE APPROVES SALE OF PIPELINE UNIT TAG (NOT CADE) TO ENGIE, CANADIAN PENSION FUND CPQD- OFFICIAL GAZETTE.BRAZIL'S CADE SAYS TAG SALE WILL FAVOR COMPETITION IN NATURAL GAS TRANSPORTATION, CURRENTLY DOMINATED BY STATE-CONTROLLED PETROBRAS.  Full Article

Brazil's Petrobras to carry out new round of offers for shallow fields

SAO PAULO, June 25 Brazilian state-run oil firm Petroleo Brasileiro SA said on Tuesday it will carry out a new round of final offers for its Enchova and Pampo shallow water oil clusters off the coast of Rio de Janeiro, according to a securities filing.