Petrobras in Partnership Talks With Vale, OGX, Economico Says
Stock Chart for Vale SA (VALE3)
Petroleo Brasileiro SA (PETR4) is in talks with Vale SA (VALE) and billionaire Eike Batista’s EBX Group for logistics and infrastructure partnerships to cut costs, Chief Executive Officer Maria das Gracas Foster told Brasil Economico in an interview.
Petrobras, as the state-run oil producer is known, aims to have its new business plan ready around July, Foster said, according to the Sao Paulo-based newspaper.
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