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Brazil's Petrobras rebounds as board meets on succession

SAO PAULO — Brazilian state-run oil group Petrobras recovered some of its recent share price losses on Tuesday as the board met to consider Brazil President…

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UPDATE 1-Brazil's Petrobras rebounds as board meets on succession

The board of Brazilian state-run oil company Petrobras on Tuesday called an extraordinary shareholders' meeting, a move that all but guarantees the exit of Chief Executive Roberto Castello Branco.

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Group leads negotiation for Petrobras' refinery Refap

Group leads negotiation for Petrobras' refinery Refap
1/22/2021
Brazilian group Ultrapar Participacoes SA is leading talks to acquire Petrobras’ refinery Refap in the state of Rio Grande do Sul, both companies said in filings, confirming the negotiations first reported by Reuters earlier.
Brazil has been trying sell eight refineries, which would end Petrobras’s virtual monopoly in the country’s refining sector and open one of the world’s largest fuel markets to private investors. Petrobras is currently negotiating six of them and is expecting two more offers by the end of the first quarter, the company said in a filing.

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UPDATE 1-Brazil's Ultrapar leads negotiation for Petrobras' refinery Refap -filing

Brazilian group Ultrapar Participacoes SA is leading talks to acquire Petrobras' refinery Refap in the state of Rio Grande do Sul, both companies said in filings, confirming the negotiations first reported by Reuters earlier on Tuesday.

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Brazil's Ultrapar leads negotiation for Petrobras' refinery Refap -sources

RIO DE JANEIRO/SÃO PAULO, Jan 18 – Brazilian group Ultrapar Participacoes SA offered the highest price for Petrobras’ refinery Refap and is leading talks to…

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EXCLUSIVE-Brazil's Ultrapar leads negotiation for Petrobras' refinery Refap -sources

RIO DE JANEIRO/SÃO PAULO - Brazilian group Ultrapar Participacoes SA offered the highest price for Petrobras' refinery Refap and is leading talks to acquire the facility in the southern state of Rio Grande do Sul, three people close to the matter said.

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