FOXBusiness.com: Brazil's Petrobras to Sell Gulf of Mexico Stakes for $110 Million

FOXBusiness.com FOX Business Network - The Power to Prosper

Brazil's Petrobras to Sell Gulf of Mexico Stakes for $110 Million Apr 30th 2013, 23:13 Petroleo Brasileiro SA (PETR4.BR, PBR), Brazil's state-controlled oil company, said Tuesday that it agreed to sell its stake in six exploration blocks in the Gulf of Mexico and should receive about $110 million for the stakes.

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