May 26, 2009

PETROLEO BRASILEIRO: Spends $355M for PEGASO Matters at Dec. 31

COMPANIES: Petroleo Brasileiro SA - Petrobras
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Petroleo Brasileiro S.A.-PETROBRAS made expenditures of about US$355 million during the year ended Dec. 31, 2008 (US$567 million during the year ended Dec. 31, 2007) over PEGASO (Programa de Excelencia em Gestao Ambiental e Seguranca Operacional).

During 2000, the Company implemented…

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TOPICS: Chemicals/Petrochemicals/Plastics | Earnings | Legal Issues, Litigation | Loans & Financing | Natural Gas | Oil | Petroleum | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: Brazil