Divestment

Suspension of a preliminary injunction related to the Divestment Program

Petrobras Agency
15/01/2019 14:46
Visualizações: 1238 (0) (0) (0) (0)

Petrobras, following the press released on 12/20/2018, informs that the injunction rendered by Minister Marco Aurélio Mello on December 19, (ADI No. 5942), was suspended by the President of the Federal Supreme Court, Minister Dias Toffoli, until its judgment by the plenary.

 

In this way, the company will resume the publication of any opportunities related to new E&P divestment projects, following the normal course of its business.

 

Petrobras informs regarding its 254 concessions in mature fields onshore and shallow waters, that it forwarded to the National Agency of Petroleum, Natural Gas and Biofuels (ANP) the information that it is under a divestment process in about 70% of them, requesting compatible deadlines for its conclusion due to the fact that Petrobras follows an internal divestment methodology validated by the Brazilian Federal Accounting Court (TCU).

 

Petrobras reinforces the importance of the Partnerships and Divestments Program to reduce its level of indebtedness and generate value through active portfolio management, in line with its 2019-2023 Strategic Plan and Business and Management Plan. 

Most Read Today
see see
Wind Energy
New Provisional Measure Will Not Be Enough to Counter Ha...
30/06/25
International
Oil discovery in the Johan Castberg area in the Barents Sea
30/06/25
Fuels
Gasoline Drops Just 0.78% in June Despite Petrobras' 5.6...
30/06/25
Event
Brazil Advances Energy Transition with E30 and B15, Rein...
30/06/25
People
Patricia Pradal Appointed as New President of Chevron So...
30/06/25
Results
ANP Releases Consolidated Data for the Regulated Sector ...
30/06/25
Ethanol
Ethanol Prices Rise in the Last Week of June
30/06/25
People
Fulkrum appoints Louisa Poole as Chief Financial Officer
26/06/25
International Company News
Johan Castberg producing at full capacity
25/06/25
Decarbonization
EPE to Launch Analysis on Decarbonization of Brazilian E...
13/06/25
FIRJAN
At the Launch of the Rio Oil Yearbook, Business Leaders ...
13/06/25
Permanent Offer
ANP to Hold 5th Cycle of the Permanent Concession Offer ...
13/06/25
Award
Unique Group Celebrates Prestigious Wins at 2025 cHeRrie...
13/06/25
Business
ANP to Hold Public Consultation and Hearing on Update of...
12/06/25
RenovaBio
ANP Approves New Regulation for Biofuels Certification
12/06/25
E&P
ANP Approves Resolution Establishing Requirements for Fu...
12/06/25
Bahiagás
Luiz Gavazza Highlights Bahiagás’ Expansion and Bahia’s ...
12/06/25
Event
SP Offshore 2025: Second Edition Boosts a New Phase for ...
12/06/25
Bahia Oil & Gas Energy 2025
Innovation in Its DNA: How Comquality Is Revolutionizing...
04/06/25
Bahia Oil & Gas Energy 2025
Oil States Showcases Commitment to Innovation and Energy...
04/06/25
Permanent Offer
Permanent Offer Auction Notice and Environmental Licensi...
04/06/25
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.