Search results for: Petrobras

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  • 24 May 2018
    Equipment

    Brazilian oil company Petrobras is looking to farm-out parts of its ownership in four blocks in located in the Deepwater Sergipe-Alagoas Basin, across an exploration area of 44,370 square kilometers .

  • 16 April 2020
    Business & Finance, Exploration & Production, Human Capital

    Petrobras has decided to halt operations at 62 platforms located offshore Brazil due to the effects of the coronavirus and the low oil price. Employees will be transferred to other units.

  • 27 June 2018

    Brazil’s Petrobras has said that a court in the U.S. has approved its previously agreed $2.95 B settlement of a class action brought by investors against the company related to corruption.

  • 25 January 2017

    Petrobras has responded to a lawsuit filed in Dutch court by a group of international investors against the Brazilian oil company.  Earlier this week, Petrobras’ subsidiaries, Petrobras International Braspetro B.V. and Petrobras Global Finance B.V., were mentioned in a legal action filed by Stichting Petrobras Compensation Foundation, in the Court of Rotterdam, in Netherlands. According to […]

  • 28 January 2011
    Business & Finance

    The Petrobras announces that it closed a US$ 6 billion issuance of 5, 10 and 30 year notes in the international capital markets. The notes were issued by Petrobras’ wholly-owned subsidiary Petrobras International Finance Company (“PifCo”) and constitute general senior unsecured and unsubordinated obligations of PifCo that are unconditionally and irrevocably guaranteed by Petrobras. The […]

  • 27 September 2018

    Brazilian oil giant Petrobras has reached non-prosecution settlements with the U.S. and Brazilian authorities, agreeing to pay a combined total of $853.2 million in penalties to resolve the U.S. authorities’ investigation into violations of the Foreign Corrupt Practices Act (FCPA).

  • 2 April 2015

    Brazilian national oil company Petrobras  yesterday, with China Development Bank Corporation – CDB, executed the first Facility Agreement of a cooperation arrangement to be implemented during 2015 and 2016. The Agreement was reached in China, during Petrobras CFO visit, Ivan Monteiro. This contract represents a US$ 3.5 billion loan, to be withdrawn by Petrobras Global […]

  • 28 January 2011

    Petróleo Brasileiro S.A. – Petrobras announces that it closed today a US$ 6 billion issuance of 5, 10 and 30 year notes in the international capital markets. The notes were issued by Petrobras’ wholly-owned subsidiary Petrobras International Finance Company and constitute general senior unsecured and unsubordinated obligations of PifCo that are unconditionally and irrevocably guaranteed […]

  • 4 November 2015

    Petrobras has announced that the strike coordinated by the oil workers’ unions is affecting its operations. Brazil’s largest oil workers’ union, FUP, started the strike on Sunday, November 1, 2015, protesting against attempts by the government to shrink the state-run Petrobras. According to Petrobras, on November 2, 2015, oil production fell by 273,000 barrels, equivalent to […]