Oil and Gas: Brazil's Petrobras reports $136 million net loss for 2017

Oil and Gas: Brazil's Petrobras reports $136 million net loss for 2017

Brazil’s state-owned oil company Petrobras reported a net loss of 446 million reals ($136 million) for 2017, saying Thursday that the loss was largely due to a shareholder corruption settlement and the payment of outstanding debts to the federal government.



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