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Petroleo Brasileiro SA Petrobras (PETR4.SA)

PETR4.SA on Sao Paulo Stock Exchange

14.95BRL
15 Dec 2017
Change (% chg)

R$ -0.06 (-0.40%)
Prev Close
R$ 15.01
Open
R$ 15.05
Day's High
R$ 15.24
Day's Low
R$ 14.95
Volume
55,668,300
Avg. Vol
40,473,142
52-wk High
R$ 17.44
52-wk Low
R$ 11.59

Latest Key Developments (Source: Significant Developments)

Petrobras And ExxonMobil Form Strategic Alliance
Friday, 15 Dec 2017 

Dec 14 (Reuters) - Exxon Mobil Corp ::PETROBRAS AND EXXONMOBIL FORM STRATEGIC ALLIANCE.EXXONMOBIL - PETROBRAS AND EXXONMOBIL WILL EVALUATE "AREAS OF MUTUAL INTEREST".EXXONMOBIL - CO, PETROBRAS WILL EVALUATE AREAS OF MUTUAL INTEREST INCLUDING EXPLORATION, PRODUCTION, GAS & CHEMICALS BOTH INSIDE AND OUTSIDE BRAZIL.  Full Article

Petrobras Reports FCCU Shutdown at Pasadena, Texas, Refinery
Friday, 8 Dec 2017 

Dec 8 (Reuters) - PETROBRAS ::PASADENA, TX, REFINERY REPORTS FLUID CATALYTIC CRACKING UNIT (FCCU) SHUTDOWN.PASADENA, TEXAS, REFINERY REPORTS PROCESS UNIT SHUTDOWN.PASADENA, TX, REFINERY REPORTS EMISSIONS FROM ELECTROSTATIC PRECIPITATOR, FLUIDIZED CATALYTIC CRACKING UNIT.  Full Article

Petrobras yet to define model for partnerships in refining
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Petroleo Brasileiro Sa Petrobras ::CEO OF BRAZIL'S PETROBRAS SAYS FIRM WANTS TO INCREASE MARKET SHARE ON FUELS SALES IN LOCAL MARKET.PETROBRAS CEO PARENTE SAYS AFRICA-BASED ASSETS PUT UP FOR SALE HAVE ATTRACTED INTEREST.PETROBRAS CEO PARENTE SAYS COMPANY HAS YET TO DEFINE MODEL FOR PARTNERSHIPS IN REFINING.PETROBRAS CEO SAYS DISCUSSION REGARDING REFINING DIVESTITURES IS COMPLEX DUE TO THE FACT THE COMPANY IS THE SOLE REFINER IN BRAZIL.  Full Article

Total says paid $200 million to settle tax issue in Angola
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Total Sa :French oil major Total <<>> paid $200 million in the third quarter to settle a tax issue in Angola, its Chief Financial Officer Patrick de La Chevardiere told analysts during a call on Friday. .Speaking after Total's third quarter results, de la Chevardiere said the company's Yamal LNG project in Russia was expected to start on time at the end of the year and was on budget..Answering questions from analysts, the CFO said Total had received a waiver on Brazil's local content rules, and expected to sanction the First Libra project FPSO soon..Commenting on uncertainties in Iran after U.S. President Trump decertified the Iran nuclear deal, he said Total was carrying on with activities in Iran despite and clarity expected in coming months..He said the group was proceeding with plans to announce tenders for its Iran South Pars gas project and the main contract would be awarded at beginning 2018 when there would be clarity from the U.S..Asked about Total's interest in Iraq, he said the company will not accept terms refused by competitors in Iraq's Majnoon field..He said after completing its $10 billion divestment programme, Total plans to sell high breakeven and non-core assets for around $1 billion per year going forward at the right price..Source text for Eikon: [ID:].  Full Article

Petrobras executes pre-payment of debt with Citibank in amount of US$500 mln - SEC Filing
Tuesday, 23 May 2017 

May 23 (Reuters) - Petroleo Brasileiro SA Petrobras:Petroleo brasileiro sa petrobras says executed pre-payment of debt with citibank in amount of us$500 million and maturity in 2017 and 2018 - sec filing.Petrobras - executed simultaneously with citibank a new funding in the same amount, with maturity in 2022 and unsecured.  Full Article

Petrobras says notified by BlackRock that it acquired preferred shares issued by Co - SEC Filing
Tuesday, 23 May 2017 

May 23 (Reuters) - Petroleo Brasileiro SA Petrobras :Petroleo brasileiro sa petrobras says notified by blackrock inc that it has acquired preferred shares issued by the co - sec filing.Petrobras - notified by blackrock that as of may 19, 2017 it manages share interests of about 5.03 percent of preferred shares issued by petrobras.Petrobras - share interests held by blackrock reached a combined 240.3 million preferred shares and 20.9 million adrs, which represent preferred shares.  Full Article

Karoon Gas Australia issues update on acquisition of Brazil assets
Friday, 17 Mar 2017 

Karoon Gas Australia Ltd : Asx alert-Brazil assets acquisition update-kar.ax . "Karoon understands that petrobras is continuing with court proceedings to have interim injunction lifted" . Current status of court proceedings is that karoon filed its legal defence in respect of main court proceedings during february 2017 . Like to clarify TCU decision is separate and distinct from court proceedings on 25 oct 2016 in court of sergipe against petrobras . "karoon welcomes decision by tcu relating to petrobras' broader divestment process" . Provide an update with respect to disposal by Petróleo Brasileiro S.A. Of Baúna and Tartaruga Verde fields .Interim injunction relating specifically to potential sale remains in force, suspending further negotiations between Petrobras and Co.  Full Article

Diamond Offshore Drilling says presiding panel of appellate judges ruled unanimously against Petrobras' appeal and upheld injunction
Thursday, 16 Mar 2017 

Diamond Offshore Drilling Inc : Diamond offshore drilling inc - on march 15, 2017, presiding panel of appellate judges ruled unanimously against petrobras' appeal and upheld injunction .Diamond offshore drilling inc- as a result of favorable ruling, injunction and ocean valor contract each remain in effect - sec filing.  Full Article

Brookfield Infrastructure provides update on South American natural gas transmission utility deal
Monday, 13 Feb 2017 

Brookfield Infrastructure Partners Lp : Notes announcement made by petrobras relating to issuance of injunction suspending sale by Petrobras of 90% stake at NTS . Intends to take all necessary measures to protect its interests and enable NTS transaction to proceed . Expects that appeals against injunction will be heard in first half of March 2017, if not earlier .Injunction suspends sale by Petrobras of a 90% stake at Nova Transportadora Do Sudeste S.A. to a Brookfield-led consortium.  Full Article

Karoon Gas Australia confirms negotiations with Petrobras
Friday, 7 Oct 2016 

Karoon Gas Australia Ltd : Karoon confirms negotiations with Petrobras . Confirms it has been awarded right to negotiate a final agreement with petrobras . Awarded right to negotiate agreement, conduct confirmatory due diligence for acquisition of interest in Baúna Project, Tartaruga Development Project .Next stage of negotiation follows almost 12 months of a competitive bidding process.  Full Article

UPDATE 1-Brazil's Petrobras to announce revised capex plan next week -CEO

SAO PAULO, Dec 15 Brazil's state-run oil company Petróleo Brasileiro SA will announce a revision to its investment plan next week, Chief Executive Officer Pedro Parente said on Friday.