PBR Petroleo Brasileiro ADR

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the

Securities Exchange Act of 1934

 

For the month of March, 2023

 

Commission File Number 1-15106

 

 

PETRÓLEO BRASILEIRO S.A. – PETROBRAS

(Exact name of registrant as specified in its charter)

 

Brazilian Petroleum Corporation – PETROBRAS

(Translation of Registrant's name into English)

 

Avenida Henrique Valadares, 28 – 19th floor 
20231-030 – Rio de Janeiro, RJ
Federative Republic of Brazil

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. 

Form 20-F ___X___ Form 40-F _______

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes _______ No___X____

 

 

 

 

Petrobras on letter from the Ministry of Mines and Energy

—

Rio de Janeiro, March 29, 2023 – Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed to the market on 03/17/2023 and 03/29/2023 and the material fact disclosed on 03/29/2023, informs that its Board of Directors received, on today's date, Official Letter 261/2023/GM-MME (Ofício) in the following terms:

1.

Petrobras disclosed a material fact on March 17, 2023, informing that its Executive Board forwarded, for the appreciation of the Board of Directors, a proposed response to Official Letter 166/2023/GM-MME, dated February 28, 2023, from the Ministry of Mines and Energy (MME).

 

2.

In the proposal mentioned in the Material Fact, it was informed that, after conducting a preliminary study on the divestment processes in progress, no reasons were found to suspend those projects for which contracts have already been signed.

 

3.

On March 22, 2023, after being indicated by the CEO of Petrobras, the new Executive Board was elected by the Board of Directors, as per item II, paragraph 1, article 36, of the Company's Bylaws.

 

4.

In view of the above, considering the competence of Petrobras' Board of Directors, I request that, in compliance with the Company's governance rules, legal security and preservation of investors' interests, the divestment processes in progress be sent to the Executive Board, respecting those that already have signed contracts, with the objective of evaluating the convenience of continuing or not the sale of assets.

 

 

 

Such Official Letter does not change the decision of the Board of Directors on today's date:

The Board of Directors appreciated, on today's date, the content of the Official Letter 166/2023/GM-MME, of 02/28/2023, and of the Official Letter 257/2023/GM-MME, of 03/29/2023, and, considering its attributions, concluded that the review of the investments and divestments processes must be carried out based on the Company's "Strategic Plan", prepared by the Executive Board and approved by this Board, pursuant to Petrobras' Bylaws.

 

www.petrobras.com.br/ir

For more information:

PETRÓLEO BRASILEIRO S.A. – PETROBRAS | Investors Relations

email: petroinvest@petrobras.com.br/acionistas@petrobras.com.br

Av. Henrique Valadares, 28 – 19 ^th floor – 20231-030 – Rio de Janeiro, RJ.

Tel.: 55 (21) 3224-1510/9947 | 0800-282-1540

 

This document may contain forecasts within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Trading Act of 1934, as amended (Trading Act) that reflect the expectations of the Company's officers. The terms: "anticipates", "believes", "expects", "predicts", "intends", "plans", "projects", "aims", "should," and similar terms, aim to identify such forecasts, which evidently involve risks or uncertainties, predicted or not by the Company. Therefore, future results of the Company's operations may differ from current expectations, and the reader should not rely solely on the information included herein.

 

 

Therefore, in view of the Ministry of Mines and Energy's request and the election of the new Executive Board on 03/29/2023, the Board of Directors will study the matter, in case the new management, which has just taken office, decides to propose the revision of the "Strategic Plan".

It is worth noting that this revision should not include divestments already in the phase of signing and closing contracts in order to fully comply with the rights and obligations already assumed by the Company, with schedules and dates already set to occur throughout the four quarters of 2023, and thus not cause any damage to the parties involved in the negotiations, especially Petrobras.

Material facts will be timely disclosed to the market.

 

 

 

 

 

 

 

 

www.petrobras.com.br/ir

For more information:

PETRÓLEO BRASILEIRO S.A. – PETROBRAS | Investors Relations

email: petroinvest@petrobras.com.br/acionistas@petrobras.com.br

Av. Henrique Valadares, 28 – 19 ^th floor – 20231-030 – Rio de Janeiro, RJ.

Tel.: 55 (21) 3224-1510/9947 | 0800-282-1540

 

This document may contain forecasts within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Trading Act of 1934, as amended (Trading Act) that reflect the expectations of the Company's officers. The terms: "anticipates", "believes", "expects", "predicts", "intends", "plans", "projects", "aims", "should," and similar terms, aim to identify such forecasts, which evidently involve risks or uncertainties, predicted or not by the Company. Therefore, future results of the Company's operations may differ from current expectations, and the reader should not rely solely on the information included herein.

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: March 29, 2023

 

PETRÓLEO BRASILEIRO S.A–PETROBRAS

By: /s/ Rodrigo Araujo Alves

______________________________

Rodrigo Araujo Alves

Chief Financial Officer and Investor Relations Officer