Petrobras agrees to sell pipeline unit to Engie for $8.6bn

Sao Paulo/Rio De Janeiro — A consortium led by France’s Engie SA submitted the highest offer for a major gas pipeline unit owned by Brazil’s Petroleo Brasileiro SA, the state-run oil firm said on Friday, as the company’s biggest divestment draws to a close. In a filing, Petrobras, as the company is known, said the […] More »