Petrobras - Petroleo Brasileiro SA 6-K, filed Oct 28, 2020

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 October, 2020

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 República do Chile, 65 20031-912 – Rio de Janeiro, RJFederative 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 news in the press

—

Rio de Janeiro, October 27, 2020 - Petróleo Brasileiro S.A. – Petrobras informs, regarding the news published in the media, that it received yesterday binding proposals for the sale of its 51% stake in Gaspetro S.A. (Gaspetro) and the proposal of Compass Gás e Energia S.A. was one of those received.

The receipt of binding proposals is one of the stages of divestment projects for which there is no forecast of disclosure to the market. The subsequent stages of the process will be timely disclosed as foreseen in the Divestment Methodology.

Finally, Petrobras reinforces its commitment to the broad transparency of its divestment projects and clarifies that the sale operation of Gaspetro is aligned with the strategy of portfolio optimization and the improvement of the company's capital allocation, aiming at maximizing value for its shareholders.

www.petrobras.com.br/ir

For more information:

PETRÓLEO BRASILEIRO S.A. – PETROBRAS| Investor Relations

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

Av. República do Chile, 65 – 1803– 20031-912 – Rio de Janeiro, RJ.

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

This document may containforward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section21E of the Securities Exchange Act of 1934, as amended (Exchange Act) that merely reflect the expectations of the Company’smanagement. Such terms as “anticipate”, “believe”, “expect”, “forecast”, “intend”,“plan”, “project”, “seek”, “should”, along with similar or analogous expressions,are used to identify such forward-looking statements. These predictions evidently involve risks and uncertainties, whether foreseenor not by the Company. Therefore, the future results of operations may differ from current expectations, and readers must not basetheir expectations exclusively on the information presented 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: October 27, 2020

PETRÓLEO BRASILEIRO S.A–PETROBRASBy: /s/ Andrea Marques de Almeida

______________________________

Andrea Marques de Almeida

Chief Financial Officer and Investor Relations Officer