Resolutions of the Extraordinary General Shareholders Meeting


Rio de Janeiro, March 27, 2017 - Petróleo Brasileiro S.A. - Petrobras informs
that the Extraordinary General Shareholders Meeting, held today at 3:00 pm in
the Auditorium of the company's headquarters on Avenida Republic of Chile nº
65-1st floor, in the city of Rio de Janeiro (RJ), decided, by the majority, and
has adopted the following:


I.	Election of Mr. Adriano Pereira de Paula as a member of the Fiscal Council
appointed by the controlling shareholder, and;

II.	Approval of the sale of 100% (one hundred percent) of the shares held by
Petróleo Brasileiro S.A. – PETROBRAS of Petroquímica Suape and CITEPE, to GRUPO
PETROTEMEX, S.A. DE C.V. (“GRUPO PETROTEMEX”) and DAK AMERICAS EXTERIOR, S.L.
(“DAK”), subsidiaries of Alpek, S.A.B. de C.V. (“Alpek”), for the amount, in
Reais, equivalent to US$ 385,000,000.00 (three hundred and eighty five million
dollars).

Federal Government, as the controlling shareholder, voted on item II of the
agenda, considering a manifestation of the STN - Secretariat of the National
Treasury that there may have been possible irregularities in the companies of
the PQS Complex, and has determined that Petrobras promotes due determination of
the facts, as well as to adopt any and all legal measures necessary
accountability of the agents responsible for damages and also to recover the
damages caused to them.


________________________________________________________________________________
www.petrobras.com.br/ir
Contacts:
PETRÓLEO BRASILEIRO S.A. – PETROBRAS | Investor Relations Department I e-mail:
petroinvest@petrobras.com.br
Av. República do Chile, 65 – 10th floor, 1002 – B – 20031-912 – Rio de Janeiro,
RJ | Phone: 55 (21) 3224-1510 / 3224-9947

FORWARD-LOOKING STATEMENTS
This release includes forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, that are subject to risks and uncertainties.
The forward-looking statements, which address the Company’s expected business
and financial performance, among other matters, contain words such as “believe,”
“expect,” “estimate,” “anticipate,” “optimistic,” “intend,” “plan,” “aim,”
“will,” “may,” “should,” “could,” “would,” “likely,” and similar expressions.
Readers are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date on which they are made. There is no
assurance that the expected events, trends or results will actually occur. We
undertake no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information or future events or for any
other reason.

The Company’s actual results could differ materially from those expressed or
forecast in any forward-looking statements as a result of a variety of
assumptions and factors. These factors include, but are not limited to, the
following: (i) failure to comply with laws or regulations, including fraudulent
activity, corruption, and bribery; (ii) the outcome of ongoing corruption
investigations and any new facts or information that may arise in relation to
the “Lava Jato Operation”; (iii) the effectiveness of the Company’s risk
management policies and procedures, including operational risk; and (iv)
litigation, such as class actions or proceedings brought by governmental and
regulatory agencies.  A description of other factors can be found in the
Company’s Annual Report on Form 20-F for the year ended December 31, 2015, and
the Company’s other filings with the U.S. Securities and Exchange Commission.