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Brazil Aims For $18 Billion From Its Sale Of Key Refinery Assets — Tsvetana Paraskova

Summary:
In late April, Petrobras approved the sale of eight refineries as part of its divestment plan. In May, the energy firm struck a deal with the Brazilian antitrust regulator that will allow it to sell those downstream assets in a bid, the company said, to encourage greater competition in the industry.... OilpriceBrazil Aims For Billion From Its Sale Of Key Refinery AssetsTsvetana Paraskova

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In late April, Petrobras approved the sale of eight refineries as part of its divestment plan. In May, the energy firm struck a deal with the Brazilian antitrust regulator that will allow it to sell those downstream assets in a bid, the company said, to encourage greater competition in the industry....
Oilprice
Brazil Aims For $18 Billion From Its Sale Of Key Refinery Assets
Tsvetana Paraskova
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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