Source: Market Report Company

Forbes & Manhattan: Petrobras sells its shale oil unit to Canadian bank for USD33 mln

MOSCOW (MRC) -- Brazil's state-run oil company Petrobras signed a contract to sell its Shale Industrialization Unit (SIX) for USD33 MM to Forbes & Manhattan Resources, reported Reuters with reference to the company's statement in a filing on Thursday.The refining unit is in Parana state on one of the world's largest reserves of oil shale, a sedimentary rock with organic matter that can be

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Est. Annual Revenue
$5.0-25M
Est. Employees
100-250
Matt Simpson's photo - President & CEO of Forbes & Manhattan

President & CEO

Matt Simpson

CEO Approval Rating

89/100

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