Brazil's Petrobras Plans To Raise $3 Billion From 2015 Asset Sales

Reuters

RIO DE JANEIRO, Jan 29 (Reuters) - Brazilian state-run oil company Petroleo Brasileiro SA plans to raise $3 billion from asset sales in 2015, according to a presentation of its unaudited third-quarter financial results on Thursday.

The company known as Petrobras on Wednesday said net profit fell 9.1 percent from a year earlier but did not include writedowns for the financial impact of a multibillion-dollar corruption scandal.

(Reporting by Jeb Blount; Editing by Lisa Von Ahn)

Copyright 2017 Thomson Reuters. Click for Restrictions.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

Brent Crude Oil : $50.75/BBL 0.09%
Light Crude Oil : $47.73/BBL 0.50%
Natural Gas : $3.05/MMBtu 0.97%
Updated in last 24 hours