Petrobras pede desembolso de 8 bilhões de dólares aos bancos para reforçar liquidez

Petrobras Asks Banks for $8 Billion Disbursement to Enhance Liquidity

Written by Flavia Marinho

Published on 20/03/2020 at 15:10

Updated on 20/03/2020 at 15:28

Petrobras pede desemboldo de 8 bilhões de dólares aos bancos para reforçar liquidez

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Due to the Coronavirus Pandemic, Petrobras Requested $8 Billion from Banks. The State-Owned Company Reported That It Is Evaluating Other Measures to Strengthen Its Cash Flow

Amid the coronavirus pandemic, Petrobras reported that it has asked banks for the disbursement of $8 billion (more than 40 billion reais). The amount is part of its committed credit lines, a type of pre-approved credit that the oil company already had with banking institutions. Despite the Crisis, Petrobras Receives Proposals for the Charter of FPSO Mero 3.

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The disbursement is part of a strategy to increase the company’s liquidity during this crisis, due to the pandemic of the new coronavirus (Covid-19) and the shock in oil prices.

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Petrobras Asks Banks for $8 Billion Disbursement to Enhance Liquidity

Due to the Coronavirus Pandemic, Petrobras Requested $8 Billion from Banks. The State-Owned Company Reported That It Is Evaluating Other Measures to Strengthen Its Cash Flow

Read Also

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Petrobras Asks Banks for $8 Billion Disbursement to Enhance Liquidity

Due to the Coronavirus Pandemic, Petrobras Requested $8 Billion from Banks. The State-Owned Company Reported That It Is Evaluating Other Measures to Strengthen Its Cash Flow

Read Also

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

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