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Petrobras has drawn up a strategy for Brazil oil auctions
September 27, 2017 / 11:58 AM / in 24 days

Petrobras has drawn up a strategy for Brazil oil auctions

RIO DE JANEIRO, Sept 27 (Reuters) - Petróelo Brasileiro SA has drawn up a strategy to participate in Brazil’s three upcoming oil auctions this year, as a declining debt burden has increased the state-controlled oil producer’s firepower, Chief Executive Officer Pedro Parente said on Wednesday. (Reporting by Pedro Fonseca and Rodrigo Viga Gaier; Writing by Guillermo Parra-Bernal; Editing by W Simon)

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