01 Nov Petrobras agrees $1.5 billion divestment of African oil and gas business
A consortium lead by oil trader Vitol Group will buy a 50% stake in an African oil and natural gas exploration business from Petroleo Brasileiro SA (Petrobras) for US$1.5 billion. Brazil’s state-controlled oil company Petrobras is following a $21 billion asset divestment programme that seeks to...