Petrobras in $6.22b debt mess, creditors agree to swap

OpeOluwani Akintayo 27 September 2017, Sweetcrude, Lagos — Brazil’s national oil company, Petrobras is currently in a $6.22 debt mess, SweetcrudeReports has learnt. According to information at our disposal, the company currently is unable to pay back the loan due to low oil prices, prompting its creditors to agree on crude swap to reduce the […] More »