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2016-05-05 18:25:00

PETROBRAS SELLS $1.4 BLN

PETROBRAS SELLS $1.4 BLN

Brazilian state-run oil firm Petróleo Brasileiro SA said late Tuesday that it has sold stakes in its Argentina and Chile subsidiaries, some of the first positive signs that the company's aggressive effort to shed assets is gaining traction.

Petrobras said that it sold a 67% stake in its Petrobras Argentina subsidiary to Pampa Energía, an Argentinean energy firm, for $892 million. Petrobras had previously disclosed that it was in negotiations with Pampa Energia.

Petrobras says it also sold its Petrobras Chile subsidiary to Southern…

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Tags: PETROBRAS, OIL, GAS
Chronicle:
PETROBRAS SELLS $1.4 BLN
2020, November, 27, 11:30:00
SAUDI ARABIA'S CARBON CONCEPTION
The circular carbon economy concept has been endorsed by G20 member states but has yet to be put into practice, and the kingdom has not revealed any timelines or targets associated with the plan.
PETROBRAS SELLS $1.4 BLN
2020, November, 27, 11:25:00
JAPAN'S NIKKEI UP TO 26 644,71
Nikkei rose 0.41% to close at 26,644.71. The index has gained 15.96% this month, and is on track for its best performance since January 1994. The broader Topix rose 0.47% to hit a 25-month high at 1,786.52.
PETROBRAS SELLS $1.4 BLN
2020, November, 27, 11:20:00
INDONESIA'S COAL FOR CHINA $1.5 BLN
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PETROBRAS SELLS $1.4 BLN
2020, November, 27, 11:15:00
BRITAIN'S NUCLEAR VALUE
The UK Treasury said yesterday it is important to consider large-scale nuclear projects in addition to Hinkley Point C (HPC) if the country is to meet its net-zero by 2050 target.
PETROBRAS SELLS $1.4 BLN
2020, November, 27, 11:10:00
RUSSIAN HYDROGEN DEVELOPMENT
“The global energy market is changing, humanity needs new, efficient, more environmentally friendly energy sources not as a replacement, but as an alternative to traditional hydrocarbons. And hydrogen will definitely occupy its niche in the energy of the future,” said TPU.
PETROBRAS SELLS $1.4 BLN
2020, November, 26, 12:20:00
OIL PRICE: NOT BELOW $48 ANEW
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PETROBRAS SELLS $1.4 BLN
2020, November, 26, 12:15:00
RUSSIAN GAZPROM'S BENEFIT
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