US EditionBrazil: Petrobras has no planned investments in ethanol production, fuel distribution with Raizen - ChiniMandi
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'It is more important for Petrobras to invest in exploration and production,' says analyst after a company denying a contribution in Raízen (Raiz4) - Global Happenings
https://www.youtube.com/watch?v=empxqy0zyvi Continues after advertising Continues after advertising The market observed the consequences of a possible investment of the Petrobras (Petr4) In Raízen (Raiz4), supposedly keeping an eye on the ethanol sector and wants to make fuel distribution again. However, the business should not happen. Node Marketjournalist Paula Comassetto received Ruy Hungria, analyst at Empiricus Researchwhich commented on th…
The state oil company Petrobras has denied that it will study any investment in the company Raízen, linked to the ethanol sector, following a request for clarification from the Commission of Furniture Values (CVM) about information published by the Brazilian press. The regulatory body asked the state for explanations after the newspaper O Globo stated that Petrobras analyzed becoming a partner or acquiring assets of Rooten -a partnership between…
High came after the news that Petrobras studied to invest in the company
Brazil: Petrobras has no planned investments in ethanol production, fuel distribution with Raizen - ChiniMandi
Brazilian state-controlled oil giant Petrobras announced late Monday that it has no investment plans involving ethanol production or fuel distribution in partnership with Raizen, reported Reuters. Earlier in the day, shares of Raizen surged after a report by Brazilian newspaper O Globo over the weekend suggested that Petrobras was considering investment opportunities with the sugar and ethanol company. Raizen, a joint venture between Cosan and S…
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