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We have hired PricewaterhouseCoopers Auditores Independentes for 2015 and 2016

At a meeting held on February 27, our Board of Directors approved the hiring of PricewaterhouseCoopers Auditores Independentes to provide audit services for the 2015 and 2016 fiscal years.

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We will increase our divestments to $13.7 billion

At a meeting held on February 26, 2015, our executive board approved the revision of the divestment plan for the 2015-2016 biennium. The total amount of the plan adds up to $13.7 billion, divided in the areas of exploration & production in Brazil and abroad (30%), Downstream (30%), and Gas & Power (40%).

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Moody’s reviews our global ratings

Read our statement:

Petrobras informs that Moody’s Investors Service reviewed Petrobras' global foreign currency debt ratings from Baa3 to Ba2. This rating is still on review. With this grade Petrobras is no longer an Investment Grade company for Moody´s.

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Oil and natural gas production in january

P-52Read our statement:

Petrobras announces that its total domestic oil and natural gas production in January 2015 was 2.661 million barrels of oil equivalent per day (boed), averaging about the same as December of last year (2.675 million boed).

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Accident aboard FPSO Cidade de São Mateus

Read our announcement (11/2):

Petrobras regretfully announces that an explosion took place aboard FPSO Cidade de São Mateus today, February 11th, at approximately 12:50 pm. The FPSO is operated by BW Offshore and is chartered by Petrobras. The unit has been operating since June 2009 in the post-salt of the Camarupim and Camarupim Norte fields, some 120 km off the Espírito Santo state coast. Out of 74 workers onboard, three have succumbed to their injuries and died on site; ten sustained injuries and have already been transferred by helicopter to receive medical care in the city of Vitória, and six are still missing.

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New CEO and Executive Officers

Read the announcement made this friday:

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.


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Petrobras receives highest award in global oil industry

Riser-grandeRead our announcement (03/02):

For the third time, Petrobras is set to receive the highest award that an oil company can be given, bestowed by the Offshore Technology Conference (OTC) committee, based in Houston, USA. The OTC Distinguished Achievement Award for Companies, Organizations, and Institutions provides recognition for the set of technologies developed for oil and gas production in the pre-salt layer off the Brazilian coast, where the company achieved a new daily production record on December 21, 2014, extracting 713,000 barrels of oil. The awards ceremony will take place in May in Houston.

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New Campos Basin Discovery

Mapa-descoberta-camposRead below the announcement made this thursday:

Petrobras announces the discovery of new oil accumulations in concession BM-C-35 (exploratory block C-M-535), located in the Campos Basin post-salt layer.

The discovery was made while drilling well 1-BRSA-1289-RJS (ANP nomenclature) / 1-RJS-737 (Petrobras nomenclature), informally known as Basilisco.

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Changes in the Administration

Read below the announcement made this wednesday:

Petrobras announces that its Board of Directors will meet next Friday, Feb. 6, 2015, to elect the new Board on account of the resignation of the Company’s CEO and of five Officers.

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Our oil product production rose 2.1% in Brazil in 2014

ReplanWe set a new oil product production record at our refineries in Brazil in 2014, reaching a total of 2.17 million bpd. This volume is 45,000 barrels of oil per day above the previous record, set in 2013, with a 2.1 percent increase in the year. This is the sixth annual record in a row, and shows oil product production has grown at sustainable levels.

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