Sale of assets in Peru completed

Last Thursday (Nov. 6), during a formal ceremony held in Lima, we completed the sale of 100% of the shares of our wholly-owned subsidiary Petrobras Energia Peru (PEP) to the China National Petroleum Corporation - CNPC for the sum of $2.6 billion.

We posted net income of R$10.352 billion in 1H14

Read the announcement made on Friday (Aug. 08) about our income in the first half of this year: First half 2014 gross profit was R$38.5 billion, up 2% year-on-year, mainly due to higher oil product prices. Net income was R$10.3 billion, down by 25% year-on-year, mainly due to the provision for the Voluntary Separation Incentive Plan (PIDV), lower gains from asset sales, and higher dry and non-commercial well write-offs and asset write-offs. (...)