A post by @FirstSquawk on X.
BP IN TALKS TO SELL STAKE IN BRAZIL OIL DISCOVERY TO PETROBRAS.
@FirstSquawk on X
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BP is in talks to sell its stake in a Brazilian oil discovery to Petrobras, according to a First Squawk tweet. The size of the stake and financial terms were not disclosed. The move would deepen Petrobras's position in the discovery while allowing BP to rebalance its portfolio. Watch for confirmation of the deal's value and any further asset sales by BP.
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Named in this story
Petrobras, BP, Brazil