News

Fortune Ranking: We are 28th among the 500 largest companies in the world

Fortune magazine has released its ranking of the 500 largest companies in the world in 2014, and we appear in 28th place on it. According to the publication, we are the largest oil company in Latin America, with revenues coming in at $143.657 billion last year. Brazil has six companies ranked by Fortune: Itaú Unibanco (112th), Banco do Brasil (126th), Bradesco (185th), JBS (202nd), Vale (312th) and Ultrapar (414th).

New Decision on Parque das Baleias Arbitration

Read our statement (07/17/2015): Further to the Parque das Baleias Arbitration released on Luly 6th, the Arbitration Tribunal issued a new ruling yesterday (16/7) to suspend deposits of disputed special participation tax amounts, estimated at R$ 350 million per quarter.

New production records in pre-salt were achieved in June

Read our statement (07/10/2015): Petrobras announces that, in June 2015, its oil and natural gas production was 2 million 746 thousand barrels of oil equivalent per day (boed), in Brazil and abroad, 0.7% lower than the volume produced on May (2 million 766 thousand boed) and up 4.3 % on the volume produced in June 2014 (2 million 633 thousand boed).

Order on the motion to dismiss in the U.S. action

Read our statement (07/10/2015): Petrobras informs that the judge responsible for the U.S. action today issued an order on the motion to dismiss presented by Petrobras, partially granting the company's motion. The motion to dismiss was intended to have the Court consider whether, from a legal point of view, the Lead Plaintiff’s allegations are sufficient for the action to proceed to the evidentiary stage of the case (discovery).