SAO PAULO, July 18 (Reuters) - Brazil's state-controlled oil company Petróleo Brasileiro SA agreed to sell a stake in a Brazilian natural gas distributor to power holding company Cia Energética de Minas Gerais SA for 600 million reais ($269 million).
Petrobras (NYSE: PBR ) +4.8% premarket as the first poll released after the humiliation ..... though the unemployment rate remains close to historic lows. Yesterday , PBR reported that it is in talks to sell its 40% stake in natural gas distributor
postpone potential relief from subsidized fuel imports for Petrobras (NYSE: PBR ). The government is waiting to decide whether to boost ..... boost the blend, a government source tells Bloomberg. PBR has posted more than $40B in refining and distribution
Petrobras ( PBR +1.2% ) rises after reporting it is in talks to sell its 40% stake in ..... electricity holding company Cia Energética de Minas Gerais ( CIG +0.2% ). PBR says a sale is part of its plan to shed non-core assets; no details on
Program, Wednesday July 16. 5 Picks from the Delivering Alpha Conference: Thermo Fisher Scientific (NYSE: TMO ), Petrobras (NYSE: PBR ), Citigroup (NYSE: C ), National Oilwell Varco (NYSE: NOV ), Flextronics (NASDAQ: FLEX ) Other stocks
SAO PAULO, July 16 (Reuters) - Brazil's state-controlled oil company Petróleo Brasileiro SA is in talks to sell the 40 percent stake it owns of a Brazilian natural gas distributor to electricity holding company Cia Energética de Minas Gerais SA .
Petrobras ( PBR +0.7% ) is seeking to extend contracts in its main production region ..... the deposits past 2025 when they are set to expire, Bloomberg reports. PBR is said to have requested extensions for dozens of fields in the Campos Basin
may have provided a boost today for Petrobras ( PBR +3.6% ) shares, as the theory ..... government meddling in business, hurting PBR and other companies; for Brazil ..... Recent reports also say the fields PBR operates in the pre-salt areas of
Petrobras ' ( PBR -0.4% ) profit could be reduced by $15B between 2014 and 2018 if it ..... amount of lost oil and natural gas output and additional spending needed if PBR had to stop using the floating oil production platforms leased from SBM
Seadrill ( SDRL ) says it has started work with its first pipe-laying vessel in Brazil's offshore Campos Basin for Petrobras , three months ahead of the contracted delivery date. The five-year project to be completed through a SDRL joint venture