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
Petrobras re-evaluating partnership with China's CNPC - report
Petrobras (PBR -3.4% ) is re-evaluating a partnership with China National Petroleum Corp. (NYSE:PTR) to build a refinery in Brazil's Rio de Janeiro state, Valor Economico reports. PBR is having second thoughts on the Comperj refinery because new CEO Roberto Castello Branco thinks the company should aggressively divest from the oil refining business, according to the report. Separately, PBR is in exclusive talks with Warburg Pincus-backed firm Trident Energy to sell its Pampo and Enchova shallow water oil ...
Petrobras Announces Final Results Of Its Any And All Offer And Confirms Tender Cap For Waterfall Offers
RIO DE JANEIRO, March 21, 2019 /PRNewswire/ -- Petróleo Brasileiro S.A. – Petrobras (" Petrobras ") (NYSE: PBR) today announced the final results of the previously announced offer to purchase (the " Offer ") by its wholly-owned subsidiary Petrobras Global Finance B.V. (" PGF "), of any and all of its outstanding notes set forth in the table below (the " Notes "). The Offer was made pursuant to the terms and conditions set forth in the offer to purchase dated March 12, 2019 (the " Offer to Purchase " and, t...
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