Sunday, 24 March 2019

Petrobras transfer-of-rights auction could happen in late 2019


RIO DE JANEIRO: Brazil’s Energy and Mines Minister Bento Albuquerque said on Thursday that a long-awaited auction of the so-called transfer-of-rights area in which oil company Petroleo Brasileiro SA operates could happen in the last quarter of 2019.

Albuquerque also hopes to carry out a follow-on share offering for state-controlled utilities company Centrais Eletricas Brasileiras, he said, speaking at an event.

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