Petrobras Ramps Up Búzios Output With Early Start of P-79 FPSO
May 1, 2026On May 1, 2026, Petrobras started production from the P-79 FPSO at the Búzios field in the Santos Basin, bringing the unit onstream ahead of the company’s 2026–2030 business plan schedule. With capacity to process 180,000 barrels ...
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Petrobras Sets New Production and Refining Records in First Quarter of 2026
May 1, 2026In the first quarter of 2026, Petrobras reported record average production of oil, NGL and natural gas at 3.23 million barrels of oil equivalent per day, up 3.7% from the previous quarter and 16.1% from the same period in 2025, driven by ramp̴...
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Petrobras Files April 2026 Form 6-K With U.S. SEC
Apr 28, 2026Petrobras, the Brazilian state-backed oil and gas major, has filed its Form 6-K as a foreign private issuer for the month of April 2026 with the U.S. Securities and Exchange Commission, reaffirming its status as a Form 20-F filer. The filing, sign...
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Petrobras Moves to 98% Control of Jubarte With Argonauta Ring-Fence Deal
Apr 28, 2026On April 27, 2026, Petrobras announced an agreement to acquire 100% of a portion of the Argonauta Field ring‑fence in the Campos Basin from Shell, ONGC, and Brava, covering 0.86% of the shared pre‑salt Jubarte reservoir under a unitiza...
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Petrobras Strikes New Joint-Control Deal Over Braskem With Investment Fund
Apr 24, 2026On April 23, 2026, Petrobras announced it had formally notified Novonor S.A. that it would not exercise its preemptive and tag-along rights under the existing Braskem shareholders’ agreement. Instead, the company signed a new shareholders...
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Petrobras Files Procedural April 2026 Form 6-K with U.S. SEC
Apr 23, 2026In April 2026, Petrobras filed a Form 6-K with the U.S. Securities and Exchange Commission as a foreign private issuer for the month, confirming it continues to report under Form 20-F and is not using the Rule 12g3-2(b) exemption. The filing large...
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Petrobras Sets Late-April and May Dates for 1Q26 Results Releases and Webcast
Apr 23, 2026On April 22, 2026, Petrobras announced the timetable for its first-quarter 2026 disclosures, signaling the next key dates for investors and analysts. The company will publish its 1Q26 Production and Sales Report on April 30, 2026, followed by the ...
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Petrobras Weighs New Braskem Governance Pact as Novonor Sells Stake
Apr 20, 2026On April 20, 2026, Petrobras disclosed that Novonor group entities and investment vehicles managed by Vórtx Capital and advised by IG4 executed a judicial share purchase agreement for the sale of common and Class A preferred shares of petroch...
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Petrobras to Take Operatorship and 75% Stake in Offshore Block in São Tomé and Príncipe
Apr 17, 2026On April 17, 2026, Petrobras said it signed an agreement to acquire a 75% stake and operatorship in offshore Block 3 in São Tomé and Príncipe from Oranto Petroleum. Once the deal closes, the consortium will comprise Petrobras with 7...
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Petrobras AGM Clears R$ 41.2 Billion 2025 Payout to Shareholders
Apr 17, 2026On April 16, 2026, Petrobras’ Annual General Meeting approved shareholder remuneration for the 2025 fiscal year totaling R$ 41.24 billion, equal to R$ 3.19936420 per outstanding common and preferred share. This figure consolidates R$ 33.16 b...
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Petrobras AGM Approves 2025 Results, Dividend Payouts and New Board Line-Up
Apr 17, 2026At its Annual General Meeting held on April 16, 2026, Petrobras shareholders approved the 2025 management accounts and financial statements and endorsed the capital budget for 2026, confirming the company’s investment and operating plans. Th...
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Petrobras Adopts Cumulative Voting for April 16 Board Election After Shareholder Request
Apr 15, 2026On April 14, 2026, Petrobras disclosed that shareholders holding more than 5% of its common shares had formally requested the use of the cumulative voting system for electing members of the Board of Directors at the Annual General Meeting schedule...
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Petrobras Approves US$1 Billion Resumption of UFN-III Fertilizer Plant in Brazil
Apr 14, 2026On April 13, 2026, Petrobras said its board approved resuming construction of the long-mothballed Nitrogen Fertilizer Unit (UFN-III) in Três Lagoas, Mato Grosso do Sul, after confirming the project’s economic viability under its 2026...
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Petrobras Greenlights SEAP I Investment, Cementing Sergipe Deepwater as New Brazilian Oil and Gas Frontier
Apr 14, 2026On April 13, 2026, Petrobras’ board approved the final investment decision for the SEAP I module in the Sergipe-Alagoas Basin, completing the investment framework for the Sergipe Deepwater (SEAP) development after SEAP II was cleared in Dece...
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Petrobras Announces New Pre-Salt Hydrocarbon Discovery in Brazil’s Campos Basin
Apr 13, 2026On April 13, 2026, Petrobras reported a new hydrocarbon discovery in the pre-salt layer of the Campos Basin, in exploratory well 1-BRSA-1404DC-RJS in Sector SC-AP4 of block C-M-477, located 201 kilometers off Rio de Janeiro at a water depth of 2,9...
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Petrobras Moves to Regain Full Control of Tartaruga Verde and Espadarte Module III
Apr 9, 2026On April 9, 2026, Petrobras signed contracts with Petronas Petróleo Brasil to acquire the remaining 50% stakes in the Tartaruga Verde field and Module III of the Espadarte field in the Campos Basin, restoring its 100% ownership and operatorsh...
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Petrobras Files 2025 Form 20-F With U.S. SEC
Apr 9, 2026On April 8, 2026, Petrobras announced that it had filed its 2025 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission, covering the fiscal year ended December 31, 2025. The filing makes the company’s audited financial ...
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Petrobras Overhauls Senior Leadership in Logistics and Energy Transition
Apr 7, 2026On April 6, 2026, Petrobras’ board approved the early termination, with immediate effect, of Claudio Romeo Schlosser’s term as Chief Logistics, Commercialization and Markets Officer, signaling a swift shake-up in a key commercial and s...
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Petrobras Board Elects Marcelo Weick Pogliese as New Chairman
Apr 7, 2026On April 6, 2026, Petrobras reported that its Board of Directors elected Director Marcelo Weick Pogliese as Chairman of the Board, following a prior material fact disclosed on March 31, 2026. The appointment, made under the company’s bylaws ...
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Petrobras Controlling Shareholder Nominates Guilherme Mello to Chair Board
Apr 7, 2026On April 6, 2026, Petrobras disclosed that the Brazilian federal government, its controlling shareholder, has nominated economist Guilherme Santos Mello to join the company’s Board of Directors, replacing Bruno Moretti. The government has al...
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Petrobras Publishes Candidate Details for Board of Directors and Fiscal Council
Apr 2, 2026On April 2, 2026, Petrobras reported that detailed information and resumes for candidates to its Board of Directors and Fiscal Council have been made available to investors in accordance with Brazilian securities regulations. The company added tha...
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Petrobras Finalizes Tupi Reservoir Redetermination with R$ 3 Billion Settlement
Apr 2, 2026Petrobras, the operator of the Tupi Shared Reservoir in Brazil’s Santos Basin, has slightly increased its participation in the asset from 67.216% to 67.457% following approval of the Fourth Addendum to the Production Individualization Agreem...
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Petrobras Chairman Resigns After Appointment as Brazil’s Planning Minister
Apr 1, 2026On March 31, 2026, Petrobras disclosed that Bruno Moretti resigned with immediate effect as chairman and member of its Board of Directors following his appointment as Brazil’s Minister of Planning and Budget. The sudden change removes a key ...
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Petrobras Announces New Pre-Salt Oil Discovery in Campos Basin’s Marlim Sul Field
Mar 26, 2026On March 26, 2026, Petrobras reported a new discovery of excellent-quality oil in the pre-salt layer of the Campos Basin, identified through exploration well 3-BRSA-1397-RJS in the Marlim Sul Field, 113 kilometers offshore from Campos dos Goytacaz...
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Petrobras Discloses 2026 Board and Fiscal Council Slates from State and Minority Investors
Mar 24, 2026On March 23, 2026, Petrobras reported the slate of nominees put forward by its controlling shareholder and various minority investor groups for seats on the company’s Board of Directors and Fiscal Council, ahead of the 2026 Shareholders̵...
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Petrobras Wins 2.2 GW in Brazil’s 2026 Capacity Reserve Auction
Mar 19, 2026On March 18, 2026 in Rio de Janeiro, Petrobras reported it had secured contracts for eight thermoelectric plants in Brazil’s 2026 Capacity Reserve Auction, totaling 2,235 MW of firm capacity for the National Interconnected System. The contra...
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Petrobras Confirms New Offshore Gas Discovery in Colombia’s GUA-OFF-0 Block
Mar 18, 2026On March 18, 2026, Petrobras announced a new natural gas discovery at the Copoazu-1 exploratory well in deep waters offshore Colombia’s Block GUA-OFF-0, about 36 kilometers from the coast. The well, operated via its Colombian branch PIB-COL ...
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Petrobras to Reacquire Full Control of Tartaruga Verde and Espadarte Module III
Mar 17, 2026On March 16, 2026, Petrobras announced it has exercised its preemptive right to acquire Petronas Petróleo Brasil’s 50% stakes in the Tartaruga Verde field and Module III of the Espadarte field in the Campos Basin, restoring Petrobras to...
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Petrobras Discloses Board and Fiscal Council Slates Ahead of 2026 Shareholders’ Meeting
Mar 17, 2026On March 16, 2026, Petrobras reported that Brazil’s federal government, as controlling shareholder, has nominated eight candidates to its Board of Directors, largely reappointing existing members and proposing Bruno Moretti to remain as chai...
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Petrobras Updates Second 2025 Shareholder Payout with Selic Adjustment
Mar 16, 2026On March 16, 2026, Petrobras announced details for the second installment of shareholder remuneration tied to the 2025 fiscal year, based on the September 30, 2025 balance sheet and shareholder position as of December 22, 2025. The payment, schedu...
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Petrobras Sets April 16, 2026 Annual Meeting to Decide Governance, Capital Allocation
Mar 16, 2026Petrobras has called its Annual General Meeting for April 16, 2026, at 2 p.m. Brasília time, to be held in a partially digital format allowing both in-person attendance in Rio de Janeiro and remote participation via digital platform or distan...
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Petrobras Joins Brazil’s New Diesel Economic Subvention Program
Mar 13, 2026On March 12, 2026, Petrobras’ board approved the company’s adherence to Brazil’s new economic subvention program for the commercialization of road diesel oil, created under Provisional Measure No. 1,340 on the same date. The comp...
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Petrobras Highlights R$277.6 Billion Tax and Royalty Contribution in Brazil for 2025
Mar 12, 2026Petrobras reported that in 2025 it paid R$277.6 billion in taxes and government take in Brazil, a 3% increase over the prior year, alongside US$448.65 million in taxes abroad and the approval of R$47.5 billion in dividends, of which R$45.2 billion...
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Petrobras Reports 2025 Year-End Financial Position in March 2026 SEC Filing
Mar 6, 2026Petrobras has filed its March 2026 Form 6-K with the U.S. Securities and Exchange Commission, providing audited consolidated and parent-company financial statements as of December 31, 2025 and 2024. The filing details the company’s statement...
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Petrobras Posts Stronger 2025 Balance Sheet Despite Revenue Decline
Mar 6, 2026Petrobras reported consolidated financial statements for the year ended December 31, 2025, showing total assets of $222.3 billion, up from $181.6 billion at year-end 2024, driven mainly by higher property, plant and equipment and larger judicial d...
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Petrobras Board Proposes R$ 41.2 Billion Shareholder Payout for 2025
Mar 6, 2026On March 5, 2026, Petrobras’ board approved a proposal to submit to the April 16, 2026 Annual General Meeting a distribution of R$ 8.1 billion in shareholder remuneration for the fourth quarter of 2025, bringing total 2025 payouts to R$ 41.2...
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Petrobras Posts Record 2025 Production and Reserves Despite Lower Oil Prices
Mar 6, 2026In 2025, Petrobras delivered record oil and gas production in Brazil, exceeding its annual target and achieving new highs at key pre-salt fields such as Búzios and Mero, despite lower Brent prices and a slight decline in operating cash flow. ...
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Petrobras Posts Strong 2025 Cash Flow on Higher Output Despite Lower Brent Prices
Mar 6, 2026In 2025, Petrobras delivered resilient financial performance in a weaker oil-price environment, with Brent down 14% versus 2024, supported by an 11% increase in total oil and gas production and higher operational efficiency in ultra-deepwater asse...
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Petrobras Unveils 2026 Board and Fiscal Council Slates From State and Minority Shareholders
Mar 5, 2026On March 4, 2026, Petrobras reported that Brazil’s federal government, its controlling shareholder, has nominated eight candidates for its Board of Directors and six for its Fiscal Council ahead of the 2026 Shareholders’ General Meetin...
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Petrobras Schedules March 6 Webcast for Fourth-Quarter 2025 Results
Feb 25, 2026On February 25, 2026, Petrobras announced it would present its financial results for the fourth quarter of 2025 in a webcast scheduled for March 6, 2026. The presentation, aimed at investors and the broader market, will be conducted in Portuguese ...
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Petrobras Declines Preemptive and Tag-Along Rights in Braskem Share Transaction
Feb 12, 2026On February 11, 2026, Petrobras’ Board of Directors reviewed a potential transaction involving the transfer of Braskem S.A. shares held by NSP Investimentos, a Novonor subsidiary, to Shine I Fundo de Investimento em Direitos Creditórios...
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Petrobras Updates 3Q25 Shareholder Payout, Sets February 20 Payment
Feb 12, 2026On February 12, 2026, Petrobras announced details of the monetary update to the first installment of shareholder remuneration tied to the 2025 fiscal year, based on the September 30, 2025 balance sheet and shareholder position as of December 22, 2...
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Petrobras Lifts 2025 Output and Export Records as P-78 Delivers First Oil in Búzios
Feb 11, 2026In 2025, Petrobras’ total oil and natural gas production rose 11% year on year to 2.99 million barrels of oil equivalent per day, surpassing its guidance range, driven by higher capacity and efficiency in pre-salt FPSOs such as Almirante Tam...
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Petrobras Receives R$1.65 Billion Earnout From Sépia and Atapu Partners for 2025
Feb 6, 2026On February 6, 2026, Petrobras reported it had received R$ 1.65 billion in earnout payments from its partners in the Sépia and Atapu pre-salt fields, including TotalEnergies, PETRONAS, QatarEnergy and Shell, relating to additional compensatio...
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Petrobras Returns to Namibia With 42.5% Stake in Offshore Block 2613
Feb 6, 2026On February 6, 2026, Petrobras announced it had acquired a 42.5% stake in offshore Block 2613 in Namibia’s Lüderitz Basin, alongside partner TotalEnergies, which also took 42.5% and will operate the block, while Namcor holds 10% and Eig...
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Petrobras Sets February–March Schedule to Release 4Q25 Results
Feb 4, 2026On February 4, 2026, Petrobras announced its schedule for disclosing fourth-quarter 2025 performance, stating that it will publish its 4Q25 Production and Sales Report on February 10, 2026, and its 4Q25 Financial Results on March 5, 2026, both aft...
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