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Petroleo Brasileiro SA Petrobras (PETR3.SA)

PETR3.SA on Sao Paulo Stock Exchange

28.27BRL
23 May 2019
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Thu, May 23 2019

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Brazil's Petrobras approves stake sale in BR Distribuidora

SAO PAULO Brazil's state-controlled oil company Petrobras said on Wednesday its board has approved a deal to sell an additional stake in its fuel distribution unit BR Distribuidora, according to a statement.

Brazil's Petrobras eyes transfer-of-rights addendum that opens up $9 bln payment

SAO PAULO, May 21 Brazil's state-run oil company Petrobras said on Tuesday its board of directors approved an addendum to a transfer-of-rights oil contract that will see it reimbursed to the tune of $9.06 billion, but the deal remains subject to governmental agreement.

Petrobras removes three banks from BR Distribuidora privatization -sources

RIO DE JANEIRO/SAO PAULO, May 17 Brazilian state-run oil firm Petroleo Brasileiro SA has removed three banks from the privatization process of fuel distribution unit Petrobras Distribuidora, four sources with knowledge of the matter told Reuters this week.

Brazil's Petrobras not planning additional refining divestments: letter

RIO DE JANEIRO, May 13 Brazil's Petroleo Brasileiro SA is not planning on selling any refining assets in addition to the refineries it has already publicly slated for divestment, an executive wrote in a letter to employees last week.

Brazil´s Petrobras may launch secondary share offering on May 24- source

SAO PAULO, May 9 Brazilian state-controlled oil company Petroleo Brasileiro SA is expected to launch its secondary share offering on May 24, one person with knowledge of the matter said on Thursday.

UPDATE 2-Petrobras executives point to production boost after lukewarm results

RIO DE JANEIRO, May 8 Oil and gas production at Petroleo Brasileiro SA is on the rise, executives said on Wednesday, telling analysts that the company was on course to hit its annual production target despite lagging output in the first three months of the year.

Petrobras executive flags production boost in second quarter

RIO DE JANEIRO, May 8 Oil and gas production at Petroleo Brasileiro SA is on the rise in the second quarter, and has been above 2.8 million barrels of oil equivalent per day (boepd) so far in May, a company executive said on Wednesday.

UPDATE 2-Petrobras profit misses forecasts, oil output increase eyed

RIO DE JANEIRO, May 7 Brazilian state-run oil firm Petroleo Brasileiro SA posted quarterly results that missed expectations on Tuesday, although management flagged a potential production boost in the second quarter as new platforms ramp up output.

Petrobras distributor looks at buying parent's refineries -CEO

RIO DE JANEIRO, May 7 Petrobras Distribuidora SA , the fuel distribution unit of Brazilian state-run oil firm Petroleo Brasileiro SA, will study a possible purchase of refineries being sold by its parent company, an executive said on Tuesday.

Petrobras plan to end refining monopoly in Brazil comes with caveats

RIO DE JANEIRO Brazil's Petroleo Brasileiro SA drew plaudits from investors last month for announcing a plan to sell off eight of its refineries in a process the company says could fetch some $15 billion.

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