Saturday, 23 October 2021

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

RLAM

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.

Check Also

Cryptocurrencies tumble amid China crackdown

REUTERS/Dado Ruvic/Illustration/File Photo TOKYO – Cryptocurrencies tumbled on Monday as China’s crackdown on bitcoin mining ...

Leave a Reply