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Petrobras (PBR) has reached an agreement with Norway's Statoil (STO) that might include joint participation in future tenders and producing fields.
Petrobras (PRB) is reportedly close to selling a pipeline network to a group headed by Brookfield Asset Management (BAM).
Petrobras' (PBR) stock rating was lifted to 'neutral' from 'outperform' at Credit Suisse.