‘Restoring oil and gas reserves’: Petrobras axes plans for upstream asset sales as Jean Paul Prates reverses work of old regime

Brazilian oil company no longer proceeding with the sales of the Urucu and Bahia Terra areas

Petrobras chief executive Jean Paul Prates.
Petrobras chief executive Jean Paul Prates.Photo: REUTERS/SCANPIX
Published 4 September 2023, 14:46Updated 6 September 2023, 11:06