Related Articles
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



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Tullow sees progress in Kenya
21 June 2021
The company might not have given up on its Kenyan ambitions
Adnoc presses the upstream accelerator
21 June 2021
Abu Dhabi has resumed the chase towards long-term capacity targets
Var hits oil in Balder Area probe
21 June 2021
The firm’s NCS near-field exploration strategy pays off again
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video