Brazil's Petrobras eyes transfer-of-rights addendum that opens up $9 billion payment [Reuters]
Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A)
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Source: Reuters
Brazil's Petrobras eyes transfer-of-rights addendum that opens up $9 billion payment - Reuters 1 Min Read SAO PAULO (Reuters) - Brazil’s state-run oil company Petrobras said on Tuesday its board of directors approved an addendum to a transfer-of-rights oil contract that will see it reimbursed to the tune of $9.06 billion, but the deal remains subject to governmental agreement. Approval depends on the publication of a Ministry of Mines and Energy decree that does not violate the rights and conditions from the contract Petrobras has already negotiated, the company said in a statement. Reporting by Luciano Costa; Writing Jamie McGeever All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. Brazil's Petrobras eyes transfer-of-rights addendum that opens up $9 billion payment SAO PAULO (Reuters) - Brazil’s state-run oil company Petrobras said on Tuesday its board of directors approved an addendum to a
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