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Tag: Petrobras

Brazil’s Petrobras to give natural gas contracts tied to U.S. benchmark

The logo of Brazil's articulate-scurry Petrobras oil company is considered at its headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio MoraesBrazilian articulate-controlled oil producer Petroleo Brasileiro SA (PETR4.SA) talked about on Monday this would possibly occasionally well perchance add the U.S. natural gas pricing benchmark as an possibility to future gross sales contracts with distributors.The glide comes as Latin The usa's finest oil and gas producer tries to stimulate local request for its rising natural gas production and because the authorities strives to decrease home natural gas prices.Petrobras, as the Rio de Janeiro company is idea, will originate providing contracts backed by the U.S. Henry Hub reference designate, as successfully as to contracts list...