Finance

Petrobras keeps eyes trained on asset sales

Sell-off strategy goes ahead despite dismal market conditions

No fire sale: Petrobras chief executive Roberto Castello Branco says the Brazilian giant will continue to sell off its non-core assets but he intends to disappoint bargain hunters
No fire sale: Petrobras chief executive Roberto Castello Branco says the Brazilian giant will continue to sell off its non-core assets but he intends to disappoint bargain huntersPhoto: REUTERS/SCANPIX
  • Gareth Chetwynd
London
Published 9 April 2020, 08:51Updated 9 April 2020, 08:51
PetrobrasBrazilSantos basinCampos basinPetroRio