Petrobras hereby clarifies that, as disclosed in its 2015-19 Business and Management Plan (BMP) on June 29, 2015, it is seeking options for the conclusion of the works of the Rio de Janeiro Petrochemical Complex (Comperj), given that the investments needed to complete the refining project of this Complex are not included in the Company’s current portfolio.
Petrobras informs that the judge presiding over the securities class action in the United States issued an order yesterday certifying two classes of investors.
Petrobras announces its proven reserves of petroleum (oil, condensate and natural gas), assessed at the end of 2015 according to ANP/SPE (National Petroleum, Natural Gas and Biofuels Agency / Society of Petroleum Engineers) and SEC (US Securities and Exchange Commission) criteria..
The Regional Federal Appellate Court of the 1st region of the judicial district of Paulo Afonso, in the state of Bahia, as the result of a citizen’s suit, has issued a preliminary injunction calling for, among other matters, the immediate suspension of the transaction involving the acquisition of 49% of Petrobras Gás S.A. (Gaspetro) by Mitsui Gás e Energia do Brasil (Mitsui-Gás).
Petrobras hereby announces that its Board of Directors has approved the Company’s new organizational model.
Petrobras hereby announces that the Board of Directors of its subsidiary Petrobras Distribuidora S.A. – BR approved the extension of the term of office of board member Segen Farid Estefen as Chairman of the Board of Directors of that subsidiary until the next Annual Shareholders’ Meeting.
As disclosed to the market on March 25, 2015, a project is under way in Petrobras to revise its corporate governance and its management organizational model within the context of the new business scenario and the Company’s investment plan.
Petrobras, concerning the news items published in the media regarding the sale of its assets in Argentina, hereby announces that it began negotiations for the sale of its interest in Petrobras Argentina.
Petrobras hereby announces that its average Brazilian oil production in 2015 exceeded the annual target established in the Company’s Business and Management Plan for the first time in 13 years.
The Company ratified, when it announced the Adjustments to the 2015-2019 Business and Management Plan on January 12, 2016, the information that the divestments for the years 2015-2016 were maintained at US$ 15.1 billion, having reached the amount of US$ 0.7 billion in 2015.