Related Articles
Brazil Petrobras
Charles Waine
Americas Correspondent
10 September 2020
Forward article link
Share PDF with colleagues

Window of opportunity for Petrobras asset sales

Brazilian company has ambitious divestment package but could be thrown off track by adverse economic conditions

Covid-19 has, for better or worse, initiated or accelerated wholesale structural changes across the energy sector. Producers have been forced to rethink their legacy business models, with uncertain energy demand and slumped oil prices, while governments have had to contemplate a future without assured oil revenues.   In Brazil, structural reforms in the refining and natural gas sectors were already underway but have become more critical. State oil company Petrobras aims to offload eight refineries and several major natural gas pipelines and distribution companies, among other big ticket items, as part of its divestment drive to focus on core pre-salt oil production. Petrobras’ refining bus

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
What does TotalEnergies see in Iraq?
26 September 2021
The major has bucked the trend of Iraqi exits and reorganisations. Why is it going where others fear to tread?
ExxonMobil LNG announces 2021 Power Play winners
24 September 2021
Four remarkable professionals recognised across different categories that celebrate advances in diversity and equality and accomplishments in the LNG value chain
More thinking, less clicking: AI improves geoscientist efficiency
24 September 2021
Upstream operators increasingly value the transformational potential of AI solutions
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video