(Reuters 31.Jul.2020) — Brazilian state-run oil firm Petroleo Brasileiro SA expects to conclude unilateral negotiations regarding the sale of its RLAM refinery in northeastern Brazil within “one or two months,” Chief Executive Roberto Castello Branco said on Friday.
Abu Dhabi’s investment fund Mubadala Investment Co is in exclusive negotiations with Petrobras, as the Brazilian company is commonly known, after presenting the highest bid for the asset during a competitive bidding process.
__________
Reporting by Sabrina Valle and Gram Slattery Editing by Paul Simao
![Namibia Energy Ministry: Shell to Write-Down $400mn in PEL 39 [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2020/11/Africa-Oil-Announces-the-Entry-of-Shell-Oil-into-Two-Existing-Blocks-and-the-Signing-of-a-New-Block-768x230.png)
![EAI Southern Cone NRG Dashboard 4Q:24 [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2020/09/plataforma-petrobras-1140x694-1-768x468.jpg)
