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Check out the publication of our audited financial statements

commitmentWe presented a loss of R$21.6 billion in 2014, mainly due to an asset impairment charge of R$44.6 billion and a R$6.2 billion write-down arising from improper payments identified within the scope of the Federal Police’s “Operação Lava Jato” anti-corruption investigation. Our results were also impacted by a provision for losses from power sector receivables (R$4.5 billion), write-downs related to the construction of the Premium I and II refineries (R$2.8 billion) and a provision for the Program to Encourage Voluntary Severance (PIDV) (R$2.4 billion).

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New Amazon Basin Discovery

AmazonasRead our statement (April 16, 2015):

Petrobras has discovered a new oil and gas accumulation in the Amazon Basin, Block AM-T-84.

The discovery was made while drilling well 1-BRSA-1293-AM (ANP nomenclature), informally known as Jusante do Anebá. Well drilling reached the total depth of 2,040 meters.

Preliminary well tests have confirmed the presence of light oil (API 47°) and gas in arenaceous reservoirs, extending from 1,350 meters to 1,900 meters deep.

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Oil and natural gas output for March

Card producao inglesRead our statement (April 16, 2015):

Petrobras’ oil and natural gas output in Brazil and abroad, in March 2015, was 2,764,000 barrels of oil equivalent per day (boed), down 1.3% from February 2015 (2,801,000 boed).

Of this total, 2,574,000 boed were produced in Brazil and 189,900 boed abroad. The output of 2,764,000 barrels of oil equivalent per day (boed) is 8.3% higher than the March 2014 output of 2,551,000 boed.

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Onshore oil discovery on Espírito Santo Basin

Espírito SantoRead our statement (April 16, 2015):

Petrobras has discovered an onshore oil accumulation on Espírito Santo Basin.

The discovery was made by drilling wild cat well 1-BRSA-1302-ES (ANP nomenclature), known as Guayacan. This well comprises the Discovery Evaluation Plan (PAD) of Tabebuia and is located some 120 km from the city of Vitória.

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Good productivity of Sergipe Basin's Farfan reservoirs

Farfan-17-4Read our statement (April 16, 2015):

Petrobras has completed the formation test (evaluation of an oil deposit’s potential) on well 3-BRSA-1286-SES (ANP nomenclature), located in concession BM-SEAL-11, in ultra-deep waters of Sergipe-Alagoas Basin.

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We are taking action to overcome our challenges

edise-lavajatoLearn more about our measures concerning Operation Lava-Jato.

In recent months, we have faced significant challenges related to our management. And we wish to clarify the facts and adopt all necessary measures.

As such, we have activated our control mechanism, enhanced our standards and effectively collaborated with the work of the public authorities, who recognize the company as a victim. We are tackling these challenges with the same effort employed to achieve important milestones in our operational performance.

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Our Board of Directors will meet to analyze our audited financial statements

Edise peqOur Board of Directors will meet on April 22 to analyze the financial statements for the third quarter of 2014, reviewed by the independent auditors, and the audited financial statements for the 2014 fiscal year.

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Sale of Assets in Argentina

Read our announcement (March 31, 2015):

Petrobras announces that the Board of Directors of Petrobras Argentina (PESA) has approved to dispose of all of its assets located in the Austral Basin, in the Santa Cruz province, for US$ 101 million to Compañia General de Combustibles S.A. (CGC).

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Production gets underway at the Hadrian South field

Hadrian SouthLast Saturday, March 28, production got underway at the Hadrian South field, in the Keathley Canyon area, at about 370 kilometers off the coast of the state of Louisiana, United States, and at a water depth of 2332 meters.

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Cooperation with China Development Bank

ChinaRead our statement (4/1/2015):

Petrobras announces that it has executed today with China Development Bank Corporation – CDB the first Facility Agreement of a cooperation arrangement to be implemented during 2015 and 2016. The Agreement is being executed in China, during Petrobras CFO visit, Ivan Monteiro.

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