Tag: Petrobras

Petrobras CEO says plans to exit from Gaspetro unit, but not clear how

RIO DE JANEIRO: Brazilian state-controlled oil producer Petroleo Brasileiro, or Petrobras, will reduce its stake in its Gaspetro unit to zero, the company's chief executive

Brazil’s Petrobras studies downsizing logistics unit

RIO DE JANEIRO: Brazilian state-run oil firm Petrobras is studying a mass transfer of employees out of its Transpetro logistics unit, according to a document...

Petrobras to privatize fuel unit in $2.3bn share sale

SAO PAULO: Brazil's state-owned oil giant Petrobras on Wednesday approved the sale of $2.3 billion worth of shares in its fuel distributor BR, as it...

Petrobras picks Warburg Pincus-backed Trident in oilfield re-bid

SAO PAULO: Brazilian oil company Petroleo Brasileiro SA has chosen a bid from Warburg Pincus-backed Trident Energy as the winner in a final "re-bid" for...

Petrobras says potential exit from Brazil bourse’s good governance program would not weaken co

SAO PAULO: Brazilian state-run oil firm Petroleo Brasileiro SA said a potential end to its participation in a program certifying good governance set up by...

Brazil’s Petrobras starts process to sell stake in Argentina unit Mega

BRASILIA: Brazilian state-owned oil giant Petroleo Brasileiro SA has begun the so-called non-binding phase of the process to sell its 34% stake in Argentina's Compañia...

Brazil’s Petrobras begins process of selling stake in onshore natural gas fields

BRASILIA: Brazil's state-owned oil giant Petrobras has started the process of selling off the so-called Tucano Sul Polo block of four onshore natural gas fields...

Brazil’s Petrobras puts offshore gas fields, exploration bloc up for sale RIO

DE JANEIRO: Brazilian state-run oil firm Petroleo Brasileiro SA has put its Peroa and Cangoa shallow-water natural gas fields and a deepwater exploration concession known...

Petrobras to fully exit natgas distribution business in Brazil  

SAO PAULO: Brazil's state-controlled oil company Petrobras will leave the natural gas distribution sector in Brazil, disposing of all of its assets in the area,...

Petrobras confirms natural gas find in Sergipe Basin

BRASILIA: Brazilian state-run oil firm Petroleo Brasileiro SA has made natural gas discoveries in six deep-water fields in the Sergipe Basin, it said in a...