Petrobras Says Not Conducting Transactions in Private Market

Estimated read time 1 min read

(Petrobras, 9.May.2023) — Petrobras, in clarification to the pieces of news released by the media, informs that it is not conducting any sales transaction structuring in the private market and that it does not take part in the negotiations mentioned in the articles published in the media.

Additionally, is not true the information that the company is discussing a partnership with the Mubadala fund to exchange shares of the Mataripe refinery, in Bahia, for Braskem shares.

Petrobras clarifies that all actions related to its participation in Braskem require careful analysis from a portfolio management perspective and must be conducted in compliance with governance practices and the applicable internal procedures.

The company reinforces its commitment to the broad transparency of its divestment processes and portfolio management and that material facts will be timely disclosed to the market.

____________________

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.

You May Also Like

More From Author