Tag: Belem Bioenergia

Petrobras sells 50% stake in Belem Bioenergia Brasil to Galp Bioenergy

Petrobras sells 50% stake in Belem Bioenergia Brasil to Galp Bioenergy

August 10, 2019 |

In Brazil, Petrobras signed a contract to sell its 50% stake in Belem Bioenergia Brasil to Galp Bioenergy BV, which holds the other 50% stake in the company. According to the Petrobras press release, the transaction value is R$ 24.7 million (about $6.3 million), which will be retained by Galp until December 2020 for potential […]

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