Approval of Sale of Petrobras Argentina

(Petrobras, 13.May.2016) – Petrobras announced that its Board of Directors approved the sale of its entire 67.19 percent interest in Petrobras Argentina (PESA), owned by Petrobras Participaciones S.L. (PPSL), to Pampa EnergĂ­a. The transaction base price is $892 million, equivalent to the value of $1,327 million for 100 percent of […]