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

Petrobras Brazil Santos basin Campos basin PetroRio

Published 9 April 2020, 08:51Updated 9 April 2020, 08:51