March 2016, Vol. 243, No. 3

Web Exclusive

Beleaguered Petrobras May Sell Natural Gas Pipeline Unit

Brazilian state-owned oil company Petrobras, the most indebted oil company in the world, could soon lose its status as the top operator in some of the country’s most prolific offshore oil assets. Petrobras is reeling from a wide-reaching corruption scandal and it is drowning in a mountain of debt that exceeds $100 billion. It no longer has the funds to front large-scale drilling in the way that it once did. Petrobras executives are now trying to manage shrinking the company’s footprint. In order to raise cash it has plans to sell off assets far and wide. But there are questions surrounding the company’s ability to raise the funds that it needs to – since just about every company is unloadi

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Pipeline & Gas Journal magazine.

2) SUBSCRIBE to Pipeline & Gas Journal magazine in print or digital format and gain ACCESS to the current issue as well as to 3 articles from the PGJ archives per month. $199 for an annual subscription*.

3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain ACCESS to this article, the current issue, all past issues in the PGJ Archive, access to all special reports, special focus supplements and more. $1,395 for an annual subscription.  For information about group rates or multi-year terms, contact J'Nette Davis-Nichols at Jnette.Davis-Nichols@GulfEnergyInfo.com or +1 713.520.4426*.

 

 

*Access will be granted the next business day.

Related Articles

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}