By Lise Alves, Senior Contributing Reporter
RIO DE JANEIRO, BRAZIL – Brazil’s oil giant, Petrobras, has announced will resume its divestment program following the decision of Supreme Court Chief Justice, Jose Antonio Dias Toffoli. On Saturday, Toffoli suspended a decision by Supreme Court Judge Marco Aurelio Mello that made it difficult to sell part of Petrobras' assets.
“The company will resume the publication of possible opportunities related to new E&P divestment projects,” read the statement released by the company on Monday.
“Petrobras reinforces the importance of the Partnerships and Divestments Program to reduce its level of indebtedness and . . .