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Brazil’s Petrobras Divestment Program to Increase in 2016

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – In four years time Petrobras will have a smaller structure but be much more profitable than today, assured the oil giant’s CEO, Aldemir Bendine on Tuesday, adding that the divestment program adopted by the company this year will be increased next year.

“I can guarantee that the divestment next year will be stronger and greater than one can imagine,” he said during an end-of-the-year breakfast with reporters. “We have no doubts that we will reach the planned value due to the negotiations underway.”

For Bendine the . . .

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