Divestment Plan

Petrobras announces favorable decision of the Supreme Court

Petrobras Agency
08/06/2019 00:15
Petrobras announces favorable decision of the Supreme Court Imagem: T&B Petroleum Visualizações: 2474 (0) (0) (0) (0)

Petrobras informs that today the Plenary of the Federal Supreme Court (STF) reversed the provisional injunction granted by Minister Ricardo Lewandowski in ADI 5624, which conditioned the sale of control of subsidiaries and subsidiaries of state-wned companies to prior legislative authorization and public bidding.

 

Petrobras continues with its divestments, fundamental for reducing its level of indebtedness and for generating value through active portfolio management, in line with its 2019-2023 Business Plan and Management and Resilience Plan, respecting the competitiveness and the constitutional principles applicable to the company.


Regarding the sale of Petrobras' 90% stake in the Transportadora Associada de Gás S.A. (TAG), the company informs that Minister Edson Fachin revoked the injunction granted in Complaint 33292, which allows the conclusion of the operation.

 

Concerning the sale of 100% of its stake in Araucária Nitrogenados S.A., suspended pursuant to an injunction issued by the Federal Court of Rio de Janeiro, the company clarifies that it will continue to defend its interests, taking into account the decision of the Plenary of the Federal Supreme Court.

Most Read Today
see see
FIRJAN
Agrega + Indústria brings together entities, companies, ...
29/07/26
SOG 2026
ABPIP brings to Sergipe Oil & Gas a debate on strengthen...
28/07/26
Event
BR Aviation presents its portfolio of customized solutio...
23/07/26
Royalties
Royalties: amounts referring to May production distribut...
23/07/26
Fuels
Fuel and lubricants sector registers 1.8% drop in June, ...
22/07/26
IBP
Studies point to redundancy of the export tax and extra ...
22/07/26
PPSA
7th Spot Auction: PPSA markets cargoes from Atapu and Ba...
20/07/26
Results
Union oil production reaches 244 thousand barrels per da...
17/07/26
State of Ceará
Natural gas arrives in Cariri (CE) and strengthens econo...
16/07/26
Terminals
Vast announces contract extension with PETRONAS Brasil u...
15/07/26
International
War, oil and the dollar: how global fluctuations impact ...
13/07/26
ANP
Third-party access to natural gas flow pipelines and pro...
10/07/26
Agreement
ANP and Petrobras sign agreement to bring 335 offshore w...
07/07/26
Logistics
Vast Infraestrutura and Petrobras strengthen partnership...
07/07/26
IBP Positioning
Change of the instrument does not fix the illegalities o...
07/07/26
Energy Summit
Energy Summit 2026: Embrapii technologies strengthen Bra...
22/06/26
Energy Summit
Biodiesel and renewable fuels move to the center of the ...
22/06/26
Natural Gas
ANP extends public consultation on the calculation of th...
22/06/26
Rio de Janeiro
Firjan’s Oil Yearbook in Rio highlights that positive pr...
22/06/26
Biomethane
With a market five times larger since 2020, the biometha...
22/06/26
Petrobras
Petrobras approves investment in bio-jet fuel and renewa...
22/06/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.