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Home>Petrobras Accelerates Divestment Plan Amid Corruption Scandal

Petrobras Accelerates Divestment Plan Amid Corruption Scandal

3party Content

Mon, 2 Mar 2015

By Will Connors RIO DE JANEIRO--Brazilian state-run oil firm PetrĂ³leo Brasileiro SA said Monday that it will sell an estimated $13.7 billion worth of assets in 2015 and 2016, a sharp increase from a previously announced divestment plan, as the company continues to slim down in the wake of a vast
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