Pre-salt oil production rises 2.4% and breaks new record in March May 5, 2014Petrobras announces that its total oil and natural gas production in Brazil in March was 2,331 thousand barrels of oil
Petrobras secures $1.8 billion Bradesco loan for refinery Apr 10, 2014Petroleo Brasileiro SA borrowed 4 billion reais ($1.8 billion) in a 17-year loan from Banco Bradesco SA
Petrobras announces February oil and natural gas production Apr 2, 2014The February figure for Petrobras' total oil and natural gas production in Brazil was 2.327 million barrels of oil
Petrobras shaken by several scandals specially over purchase of Pasadena refinery in US with over price of almost USD 1 billion Mar 31, 2014Petrobras is being buffeted by growing scandals.The main one $1.19 billion purchase Pasadena Texan refinery plant,
By Peter Howard Wertheim
Standard & Poor's revises Petrobras rating maintaining Investment Grade Mar 27, 2014Standard & Poor's (S&P) rating agency has revised Petrobras' long-term foreign currency rating from BBB to
Petrobras announces 7th round of the Fleet Renewal Plan for Offshore Support Vessels Mar 19, 2014At Petrobras headquarters in Rio de Janeiro this Monday morning (March 17), Petrobras President Maria das
Petrobras confirms deep-water discovery in Potiguar Basin Mar 14, 2014Petrobras has completed drilling wildcat well 1-BRSA-1205-RNS (1-RNS-158), located in deep-waters of the Potiguar Basin. The results confirm the discovery of intermediate oil (24º API), as previously announced to the market on December 17, 2013.
Petrobras confirms discovery of good quality oil in Transfer of Rights area Mar 11, 2014Petrobras has completed drilling two wells located in the Transfer of Rights area, at Santos Basin. Results have confirmed the discovery of good quality oil in the pre-salt reservoirs referred to as Florim and Entorno de Iara.
Petrobras provides oil and natural gas production in January Mar 10, 2014Petrobras announces that January’s total oil and natural gas production in Brazil was 2,310,000 barrels of oil
Petrobras reports 2013 net income of R$ 23.57 billion Feb 28, 2014Net income was 11% up on 2012 due to diesel (20%) and gasoline (11%) price increases in 2013, increased
Petrobras announces new output record as pre-salt production tops 400,000 bpd Feb 27, 2014On February 20, oil production in fields operated by Petrobras in the Santos and Campos Basin pre-salt
New well goes into operation in Sapinhoá field, producing 33 thousand barrels per day Feb 24, 2014Petrobras announces that well 9-SPS-77, in Sapinhoá Field, in the Santos Basin Pre-Salt, went on stream last Tuesday,
Subsea 7 S.A. awarded contract for remote intervention services Feb 21, 2014Subsea 7 S.A. announced through its i-Tech division two awards by Petrobras for remote intervention services with a combined
Petrobras to contract eight support vessels in the fifth Prorefram round Feb 11, 2014This Thursday (February 6), Petrobras' Executive Board approved the contracting of eight support vessels for its offshore activities. These are part of the 3rd Fleet Renewal Plan for Offshore Support Vessels (Prorefam). In this fifth round, four vessels were contracted from the company Bram,
Petrobras announces oil and natural gas production in December 2013 Feb 4, 2014Petrobras has announced that its total oil and natural gas production in Brazil, in December of 2013, was 2.362 million