PBR May 2024 14.500 call
- Reuters
Petrobras says antitrust watchdog agreed to free company from asset sales
SAO PAULO (Reuters) -Brazilian state-run oil firm Petrobras said on Wednesday the country's antitrust regulator Cade approved the new terms of an agreement that will free up the company from selling some of its oil refining and natural gas assets. The new terms of the agreement, originally signed in 2019, have been approved by the regulator's board, Petrobras said in a securities filing. The government of then-President Jair Bolsonaro had set the terms in a broad initiative to reduce Petrobras' share in Brazil's oil and gas sector, opening the market for new companies with prospects of more investment.
- Zacks
Petrobras (PBR) Hit by Dividend Fiasco: All You Need to Know
Petrobras (PBR) ousted CEO's tenure was marred by disagreements with government-appointed board members over the decision to pay extraordinary dividends to its shareholders.
- Zacks
Petrobras (PBR) Launches Newbuild Support Vessel Tenders
Petrobras (PBR) plans to tender 26 newbuild vessels, boosting Brazilian shipbuilding with $2.5 billion investments in OSRV and RSV and supporting offshore drilling in the latter half of this decade.
