Brazil's state-controlled oil company, Petrobras, plans to raise roughly $2...
FILE PHOTO: The logo of Brazil's state-run Petrobras oil company is seen on a tank in at Petrobras Paulinia refinery in Paulinia, Brazil July 1, 2017. REUTERS/Paulo Whitaker/File Photo
SAO PAULO - Brazil’s state-controlled oil company, Petrobras, plans to raise roughly $20 billion through the sale of eight refineries, a source familiar with the matter said. On Friday, Petrobras detailed long-awaited plans to sell refineries and other assets as the company focuses on its core oil and gas exploration business.Reporting Rodrigo Viga Gaier; Writing by Carolina Mandl; Editing by Steve Orlofsky
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Brazil states forge ahead in climate change fight despite Bolsonaro ambivalenceState governments in Brazil have agreed to work toward fulfilling the country&0...
Read more »
Brazil's indigenous tribes protest Bolsonaro assimilation planThousands of people representing the more than 300 tribes native to Brazil march...
Read more »
Bolsonaro's sons bash vice president, widening rifts in Brazil governmentA barrage of criticism this week from the sons of Brazil's right-wing Presi...
Read more »
Brazil court trims Lula sentence, opening door to partial detentionBrazil's jailed former leftist president, Luiz Inacio Lula da Silva, could ...
Read more »
Brazil Plan to Overhaul Pension System Passes First Legislative TestBrazilian President Jair Bolsonaro’s proposal to overhaul the country’s pension system passed its first legislative test after a committee of the lower house of Congress decided the bill is in accordance with Brazil’s constitution.
Read more »
Disaffected Venezuelan military tell of rising desertions to BrazilVenezuelan military personnel are deserting to Colombia and Brazil in growing nu...
Read more »
Brazil led world in rainforest losses in 2018 despite decline from 2017: research groupBrazil led the world in rainforest destruction last year, although deforestation...
Read more »
Swine fever will hurt Brazil soy exports, lift China meat sales: ministerBrazilian soy exports to China will definitely decline this year as African swin...
Read more »
Brazil's indigenous tribes protest Bolsonaro assimilation planThousands of people representing more than 300 natives tribes in Brazil march to government offices in capital Brasilia to protest presidents' assimilation plans
Read more »
Nations targeted by U.S. for high rates of visa overstays account for small number of violatorsThe focus on countries with double-digit rates leaves out nations with the largest numbers of violators, among them Brazil, Venezuela and China.
Read more »
Parrot taken into custody after warning drug dealers about police raidA parrot has been seized by police after it tried to warn drug dealers of a raid in northern Brazil by shouting: “Mummy, police”.The green-feathered bird started squawking as soon as officers arrived at a house in the Vila Irma Dulce neighbourhood of the city of Teresina.“He must have been trained for
Read more »