Petrobras settles lawsuit with Vanguard

By Offshore Energy Today Brazil’s state-run oil company Petrobras has settled a dispute with the Vanguard Group, one of its largest shareholders. Petrobras said on Monday its board had approved the settlement, resolving an action brought by Vanguard before the Federal Court of Pennsylvania in the U.S. According to the Wall Street Journal, the settlement resolves Vanguard’s losses stemming […]

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