Brazil's state-controlled oil company, Petrobras, plans to raise roughly $2...
FILE PHOTO: The logo of Brazil's state-run Petrobras oil company is seen on a tank in at Petrobras Paulinia refinery in Paulinia, Brazil July 1, 2017. REUTERS/Paulo Whitaker/File Photo
SAO PAULO - Brazil’s state-controlled oil company, Petrobras, plans to raise roughly $20 billion through the sale of eight refineries, a source familiar with the matter said. On Friday, Petrobras detailed long-awaited plans to sell refineries and other assets as the company focuses on its core oil and gas exploration business.Reporting Rodrigo Viga Gaier; Writing by Carolina Mandl; Editing by Steve Orlofsky
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