Recent events
Recent events tied to this brand in public sources.
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2022
Petrobras approves sale of Potiguar assets
Petrobras said it had approved the sale of its entire stake in 22 onshore and shallow-water production-field concessions in the Potiguar Basin to 3 R Potiguar SA. The estimated sale value was US$1.38 billion and included related infrastructure.
2021
Petrobras announces $68 billion investment plan
Petrobras said it expects to invest $68 billion from 2022 to 2026, with 84% allocated to oil and gas exploration and production.
2021
Petrobras signs contract to sell SIX to Forbes & Manhattan Resources
Petrobras signed a contract to sell its Shale Industrialization Unit (SIX) to Forbes & Manhattan Resources for $33 million. The transaction was still subject to approval by Brazil's antitrust regulator CADE.
2021
Petrobras' Bolivian unit ordered to pay $61.1 million over land dispute
Petrobras said its Bolivian unit was ordered to pay a $61.1 million fine in a land-ownership dispute concerning the San Alberto block. Petrobras said it appealed and expected the court to reverse the decision.
2020
Petrobras cuts five-year investment plan
Petrobras cut its five-year investment plan by 27% from a year earlier to $55 billion, saying it aimed to preserve cash.
2020
Petrobras launches Mais Valor supplier finance platform
Petrobras launched the Mais Valor platform, allowing its direct suppliers to seek early payment of invoices through partner banks at competitive rates.
2020
Petrobras cuts refinery gasoline and diesel prices
Petrobras reported that it reduced gasoline prices by 9.5% and diesel prices by 6.5% at refineries in all markets.
2020
Petrobras announces 3% gasoline price increase
Petrobras announced that gasoline would become 3% more expensive at its refineries beginning February 20, 2020; diesel prices were not adjusted.
2019
Petronas completes acquisition of stakes in two Brazilian offshore fields
Petronas subsidiary PPBL completed the acquisition of a 50% equity interest in the Tartaruga Verde producing field and Module III of the Espadarte field offshore Brazil. Petrobras retains the remaining 50% equity and is the operator.
2019
Petrobras acquires interests and rights in Búzios and Itapu
In Brazil’s Transfer of Rights auction, Petrobras acquired operatorship and a 90% interest in the Búzios field, as well as 100% of the exploration and production rights for the Itapu field surplus volume. CNODC Brasil Petróleo e Gás Ltda. and CNOOC Petroleum Brasil Ltda. each acquired a 5% stake in Búzios.
2019
Petrobras and McLaren end technical partnership and sponsorship
Petrobras and McLaren announced the end of the technical partnership and sponsorship they had developed together.