Petrobras is in the advanced stages of several major divestments, executives said on Thursday, indicating that the company’s ambitious deleveraging program may quicken after a pause during the worst of the coronavirus...
Golar Power offers top bid for Petrobras’s LNG terminal – sources
Golar Power Ltd has submitted the top bid for a highly-sought-after liquefied natural gas import terminal being leased by Brazil’s state-run energy firm Petrobras, two people with direct knowledge of the matter said...
Brazil’s Petrobras to sell Polo Rio Ventura onshore fields to 3R Petroleum for $94.2 million – filing
Brazil’s state-owned oil giant Petrobras said on Friday it has agreed to sell its entire stake in eight onshore fields at Polo Rio Ventura in the state of Bahia to 3R Petroleum e Participacoes for $94.2 million...
Petrobras, Karoon agree on changes to terms of $665 million sale of Baúna field stake
Brazilian oil company Petróleo Brasileiro SA announced adjustments to a $665 million contract governing the sale of its entire stake in the Baúna oil field to Australia’s Karoon Energy, according to a securities filing...
Petrobras sells remaining 10% stake in TAG to Engie Brasil, CDPQ
Brazil’s state-owned oil company Petrobras on Monday agreed to sell its remaining 10% stake in natural gas pipeline company TAG to Engie Brasil and Canadian investment fund Caisse de Depot et Placement du Quebec (CDPQ)...
Brazil’s Petrobras finalizes sale of oil fields to Trident Energy
Brazil’s Petrobras said on Wednesday it had finalized the sale of its stake in 10 oil fields to Trident Energy do Brasil with a payment of $365.4 million. The fields as a whole are known as the Polos de Pampo e Enchova...
Mubadala set for exclusive talks with Petrobras to buy Bahia refinery
Abu Dhabi’s investment fund Mubadala Investment Co will enter into exclusive talks with Petrobras to purchase Brazil’s second-largest refinery, the Brazilian state-owned oil company said in a securities filing on...
India’s Essar group places bid for Petrobras’ Bahia refinery: Report
Indian conglomerate Essar Group made a binding offer to Brazil’s Petroleo Brasileiro SA to buy the country’s second largest oil refinery, two people with knowledge of the matter said on Tuesday. Petrobras...
Brazil’s Petrobras begins process to sell minority stakes in five power plants
Brazilian state-run oil firm Petrobras has started the process to sell its minority stakes in five power plants throughout Brazil, it said in a filing on Thursday night. The power plants range from natural gas to...
Brazil’s Petrobras to begin sales process for NTS pipeline stake: executive
Brazil’s state-run oil firm Petroleo Brasileiro SA will begin the process this month to sell its 10% stake in gas pipeline firm Nova Transportadora do Sudeste SA (NTS), according to Anelise Lara, the oil company’s...
Brazil’s Petrobras starts sale process for stakes in gas unit, oil fields
Brazil’s state-controlled oil company Petrobras said on Thursday it has started the sale process for its 51% stake in the gas unit Gaspetro and for its stakes in the Merluza and Lagosta oil fields in Brazil’s Santos...
Brazil’s BNDES raises $5.2 billion selling Petrobras stake: sources
Brazil’s development bank BNDES sold on Wednesday $5.2 billion in common shares it owned in state-controlled oil company Petroleo Brasileiro SA, two people with knowledge of the matter said. Petrobras priced the...