Petrobras begins serach for fuel distribution unit partner

SAO PAULO (Reuters) – State-controlled oil producer Petróleo Brasileiro SA has begun a search for a strategic partner for fuel distribution unit BR Distribuidora, which in recent weeks scrapped an initial public offering plan in light of deteriorating market conditions.

Full Story: https://au.news.yahoo.com/world/a/29816876/petrobras-begins-search-for-partner-in-fuel-distribution-unit/

Leave a Reply

Your email address will not be published. Required fields are marked *