Wednesday, March 22, 2017

UPDATE 1-Petrobras raises asset sale goal to $21 bln for 2017-2018 period

SAO PAULO, March 22 (Reuters) - PetrĂ³leo Brasileiro SA on

Wednesday raised a goal for asset divestitures and partnerships

for 2017 and 2018 to $21 billion from $19.5 billion, a sign

Brazil's state-controlled oil company plans to expand ventures

with peers in segments from refining to oil exploration.

In a presentation detailing fourth-quarter results, Petrobras

Chief Financial Officer Ivan Monteiro said a recent

ruling by Brazil's auditing court TCU regarding the plan will

speed up its execu

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