Petroleo Brasileiro SA Petrobras (PBR.N)
BRASILIA, July 27 Brazil's state-controlled oil company Petróleo Brasileiro SA expects to receive binding offers for a controlling stake in its fuel distribution unit, BR Distribuidora, by late November or early December, Chief Executive Officer Pedro Parente said on Wednesday.
SAO PAULO, July 26 A Rio de Janeiro court revoked an earlier decision that allowed Odebrecht Oil and Gas to participate in tender contracts of the state-run oil company Petroleo Brasileiro SA, Petrobras said on Tuesday.
RIO DE JANEIRO, July 25 A unit of Brazil's state-led utility holding company Centrais Eletricas Brasileiras SA sold its stake in a Nicaraguan hydroelectric project for $44.2 million, Eletrobras, as the parent company is known, said in a statement on Monday.
SAO PAULO/RIO DE JANEIRO, July 22 Brazil's Petróleo Brasileiro SA said on Friday it plans to sell voting control of Petrobras Distribuidora SA after a bidding round for a minority stake in the fuels retailer failed to attract bids that met the state-controlled oil company's needs.
* Petrobras announces early tender results and early settlement for cash tender offers
SAO PAULO, July 19 Brazil's state-controlled Petróleo Brasileiro SA is inclined to restart the process of selling part of BR Distribuidora SA, a source with direct knowledge of the matter said, as a recent bidding round put a low price tag on the fuel distribution unit.
SAO PAULO Petróleo Brasileiro SA will decide the structure of a stake sale in fuel distribution unit BR Distribuidora SA before the end of the month, a sign that Brazil's state-controlled oil producer is trying to speed up $14.4 billion in targeted asset sales to cut debt.
SAO PAULO, July 18 Petróleo Brasileiro SA will decide the structure of a stake sale in fuel distribution unit BR Distribuidora SA before the end of the month, a sign that Brazil's state-controlled oil producer is trying to speed up $14.4 billion in targeted asset sales to cut debt.
SAO PAULO, July 18 Brazil's state-controlled oil producer Petróleo Brasileiro SA is considering proposals to sell part or all of fuel distribution unit BR Distribuidora SA, with a definition of the structure of a transaction expected to be decided before the end of the month.
SAO PAULO, July 15 Brazil's federal prosecutors and state-controlled oil company Petroleo Brasileiro SA said they signed a leniency deal on Friday with Netherlands shipleasing firm SBM Offshore NV aimed at obtaining more evidence in the South American country's widest-ever corruption probe.
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