Petrobras Says It Will Restart Publishing Divestment Opportunities

(Reuters, 14.Jan.2019) — Brazilian state-run oil company Petroleo Brasileiro SA (Petrobras) said on Monday that it will restart publishing divestiture opportunities, following a Supreme Court ruling that temporarily allows the company to continue selling assets.

On Friday, Supreme Court Chief Justice Jose Antonio Dias Toffoli temporarily restored a presidential decree regulating asset sales by Petrobras, as the company is known. Toffoli’s decision is valid until Feb. 27, when the full Supreme Court will hear the case.

(Reporting by Marcelo Rochabrun; editing by Jason Neely)

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ENERGY ANALYTICS INSTITUTE (EAI) https://energy-analytics-institute.org

Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.

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