Petrobras commences production at the pre-salt Búzios field Mar 16, 2015
Petrobras: The early production system of the Búzios field, located in the Santos Basin pre-salt cluster, went into operation last

Petrobras oil and natural gas production in January Feb 20, 2015
Petrobras says that its total domestic oil and natural gas production in January 2015 was 2.661 million barrels of oil equivalent per day (boed),

Seadrill Limited gives up on $1.1 bln Petrobras contracts Feb 16, 2015
Seadrill Limited says that in November, 2014 Petrobras approval had been received for the extensions of its ultra-deepwater semi-submersibles the West Taurus and West Eminence. Due to recent developments within Petrobras, the Company no longer believes the contracts will be concluded in the timeframe or on the previously approved commercial terms.

Accident aboard FPSO Cidade de São Mateus Feb 13, 2015
Petrobras regretfully announces that an explosion took place aboard FPSO Cidade de São Mateus today, February 11th, at approximately

Petrobras elects new CEO and Executive Officers Feb 9, 2015
Petrobras informs that its Board of Directors, in a meeting held today, has approved with majority vote the election of Aldemir Bendine as CEO of Petrobras replacing the current CEO, Maria das Graças Silva Foster. Maria das Graças Silva Foster is also leaving the Company’s Board of Directors, which elected Aldemir Bendine as its new Director. This election, according to the provisions of the Brazilian legislation and Petrobras’ by-law, is valid until the next

CEO and multiple Director resignations at Petrobras Feb 6, 2015
Petrobras says that its Board of Directors will meet next Friday, Feb. 6, 2015, to elect the new Board on account of the resignation of

Petrobras discovers oil at third extension well in Sergipe Basin Feb 4, 2015
Petrobras has confirmed the extension of the light oil and gas discovery, as announced to the market Aug. 9, 2013, by drilling

Exterran Holdings sign two agreements with Petrobras Feb 2, 2015
Exterran Holdings, Inc. has signed two agreements related to projects in Bolivia and Brazil. The first, signed on Oct. 31, 2014, is a six-year

Well cost reduction program saves Petrobras $1 billion Jan 16, 2015
Petrobras has saved around US$1 billion in cost reductions, design optimization and productivity gains since it launched its

Petrobras discovers new oil accumulation in Farfan area in the Sergipe Basin Jan 12, 2015
Petrobras announces results of drilling well 9-SES-188D (Petrobras nomenclature) / 9-BRSA-1280D-SES (ANP nomenclature), located at concession area BM-SEAL-11, in block SEAL-M-426, in Sergipe Basin ultra-deep waters. The results confirm the light oil and gas discovery in Farfan area (between 37º and 40º API), as announced to the market on

Petrobras completes drilling at Pudim well in Espirito Santo Basin Jan 7, 2015
Petrobras has completed drilling extension well 3-BRSA-1253D-ESS / 3-ESS-219D (Petrobras nomenclature), informally known as Pudim, at a water depth of 6,187 feet (1,886 meters), in the Espirito Santo Basin post-salt offshore Brazil. The completion of this well, which had been announced to the market on Oct. 7, confirmed the presence of excellent quality oil

BG Group and Petrobras submit declaration of commerciality for the Iara Area Dec 31, 2014
BG Group says that its partner Petróleo Brasileiro S.A. (Petrobras), as the operator of block BM-S-11 in the pre-salt Santos Basin, has submitted the

Rosneft and Petrocas create a logistics and retail Joint Venture Dec 30, 2014
Rosneft has entered into definitive documentation to acquire 49% stake in Petrocas Energy International Limited (Petrocas), creating the joint venture

Petrobras reaches records 700 thousand barrels per day of production at the Pre-Salt layer Dec 26, 2014
Petrobras has reached, in December 21st, a new historical record of oil and NGL daily production, producing 2 million 286 thousand barrels. Produced

Petrobras: Service of complaint in the United States Dec 12, 2014
Petrobras informs the market that on December 09, it has been served with the class action complaint filed yesterday by Peter Kaltman in the