Petrobras restarts asset divestments

Brazil's trouble-stricken state-owned oil company Petrobras has been cleared to progress with its asset divestment program by a court in the country. The approval sends the sales process back to start, reports Reuters.

by LOUISE VOGDRUP-SCHMIDT

Petrobras has been cleared by court TCU in Brazil to restart the process of selling a series of the company's assets.

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Petrobras offloads assets totaling USD 2.2 billion
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Scandal-ridden Petrobras makes large divestments
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Petrobras puts nine small oil fields up for sale

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