Natural Gas Liquids
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Petróleo Brasileiro SA engages in oil and gas exploration, production, and distribution activities. It operates through the following segments: Exploration and Production; Refining, Transportation, and Marketing; Distribution; Gas & Power; Biofuel; and Corporate. Read More The Exploration and Production segment involves crude oil, natural gas liquids, and natural gas exploration, development, and production. The Refining, Transportation and Marketing segment involves refining, logistics, transportation, trading operations, oil products and crude oil exports and imports, and petrochemical investments. The Distribution segment refers to the distribution of oil products, ethanol, and vehicle natural gas to wholesalers and through Petrobras Distribuidora SA, its retail network in Brazil. The Gas & Power segment includes transportation and trading of natural and liquefied natural gas, the generation and trading of electric power, and the fertilizer business. The Biofuel segment involves the production of biodiesel and its co-products, and ethanol-related activities such as equity investments, production, and trading of ethanol, sugar, and the excess electricity generated from sugarcane bagasse. The Corporate segment comprises the financing activities not attributable to other segments including corporate financial management, and central administrative overhead and actuarial expenses. The company was founded on October 3, 1953 and is headquartered in Rio de Janeiro, Brazil.
Rio de Janeiro, Rio de Janeiro
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Natural Gas Liquids
EMERGING MARKETS-Latam assets mark time, set to end week higher
By Aaron Saldanha May 24 (Reuters) - An index of Latin American stocks marked time on Friday, on course to post a solid weekly gain, as did Latin American currencies, which held ground against the dollar.
Seeking AlphaMay 23
Petrobras OKs additional stake sale in BR Distribuidora
Petrobras (NYSE:PBR) says its board approved a model for the sale of an additional stake in its BR Distribuidora fuel distribution unit, to be carried out through a secondary public offering.
Brazil's Petrobras approves stake sale in BR Distribuidora
FILE PHOTO: The logo of Brazil's state-run oil company Petrobras is pictured in the company headquarters in Sao Paulo, Brazil February 20, 2018. REUTERS/Paulo Whitaker/File photo SAO PAULO (Reuters) - Brazil’s state-controlled oil company Petrobras said on Wednesday its board has approved a deal to sell an additional stake in its fuel distribution unit BR Distribuidora, according to a statement. Petrobras, or Petróleo Brasileiro SA, said the stake sale would be done through a follow-on stock offering. It ...
Expected Aug 1