Petróleo Brasileiro SA - Petrobras, in addition to the press release disclosed on 03/20/2018, informs that the mothballing of the fertilizer plants located in Sergipe (Fafen-SE) and Bahia (Fafen-BA) should be concluded until October 31, 2018.
Petrobras reports that it has signed on 3/23/2018 with Banco do Brasil a revolving credit facility in the amount of R$ 2 billion, with maturity in February 2023. Through the instrument, the company may draw from the line until the month prior to maturity.
Petrobras informs that it has received today the second installment, in the amount of US$ 300 million, related to the sale of its stake in the exploratory block BM-S-8 to Statoil Brasil Óleo e Gás Ltda., closed on November 22, 2016.
Petrobras reports that its total oil and natural gas production in February was 2.69 million barrels of oil equivalent per day (boed), with 2.59 million boed produced in Brazil and 99 thousand boed produced abroad.
Petrobras reports that it has decided to mothball its fertilizer plants located in Sergipe ("Fafen-SE") and Bahia ("Fafen-BA").
On 03/15/2018, Petrobras reported in a press release that its Board of Directors had ordered the beginning of studies about amendments in the company’s Dividend Policy, seeking, among other things, to enable quarterly payments of Dividends or Interest on Own Capital.
Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces the commencement of offers by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) to purchase for cash PGF’s notes of the series set forth in the table below for an aggregate purchase price, excluding accrued and unpaid interest, of up to US$4.0 billion (all such notes, collectively, the “Notes” and each a “series” of Notes), subject to the “Acceptance Priority Level” of such series of Notes and subject to proration (the “Tender Offers”). The Tender Offers are conditioned upon certain customary offering conditions.
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Petrobras reports that its Board of Directors ordered that studies are carried out for amendments to the Company's Bylaws in connection to the clause on allocation of results, to establish quarterly payments of Dividends or Interest on Capital as well as allow the payment of interim dividends to the profit reserve account, within the applicable legal provisions.
Petrobras informs that it has published today, for the first time, its Integrated Report. The document consolidates Petrobras’ key information for the year 2017.