Petrobras OKs Mothballing Of Fertilizer Plant

(Petrobras, 14.Jan.2020) — Petrobras approved the mothballing of the fertilizer plant of its wholly owned subsidiary AraucĂĄria Nitrogenados S.A. (ANSA), located in the state of ParanĂĄ. ANSA has been posting recurring losses since it was acquired in 2013. From January to September 2019, the company posted a loss of about […]

Petrobras Deal With Acron Group Flops

(Energy Analytics Institute, Aaron Simonsky, 26.Nov.2019) — Brazil’s state oil company Petrobras announced that ongoing negotiations with Acron Group closed without the companies coming to agreement regarding divestment of the Brazilian company’s 100% equity interest in AraucĂĄria Nitrogenados S.A. (ANSA) and Nitrogen Fertilizer Unit III (UFN-III). Rio de Janeiro-based Petrobras […]