(Petrobras, 20.Dec.2019) — Petrobras reports on divestments in the biofuels segment. The company guideline to exit this segment, announced in 2016, accelerated in 2019 and four important transactions were carried out this year: 1. Sale of stake in Belem Bioenergia Brazil (BBB) – Petrobras BiocombustĂvel S.A. (PBio), a Petrobras subsidiary, […]
Tag: Belem Bioenergia Brasil (BBB)
Petrobras Completes Belem Bioenergia Brasil Divestment
(Petrobras, 1.Nov.2019) — Petrobras, following on the press release issued on 08/08/2019, reports that its subsidiary Petrobras BiocombustĂveis S.A. (“PBIO”) completed today the sale of its 50% stake in Belem Bioenergia Brasil (“BBB”) to Galp Bioenergy B.V. (“Galp”), which holds the other 50% stake in the company. BBB was established […]
Petrobras Inks Deal To Divest Interest In Belem Bioenergia Brasil
(Petrobras, 8.Aug.2019) — Petrobras reports that its subsidiary Petrobras BiocombustĂveis S.A. (PBIO) signed today a contract to sell its 50% stake in Belem Bioenergia Brasil (BBB) to Galp Bioenergy B.V., which holds the other 50% stake in the company. BBB was established in 2011 by Petrobras and Galp for the […]