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  • Six South America Profit Plays [View article]
    "Petrobras is one of the few emerging market oil companies with access to modern technology and willingness to work with the oil majors."

    US majors and US vendors give Petrobras modern oilfield technology and what does state-owned socialist Petrobras do with it? --

    RIO DE JANEIRO, Oct. 28 (Xinhua) -- Brazil's President Luiz Inacio Lula da Silva will visit the Cuban capital of Havana on Thursday to meet with the country's leader Raul Castro, presidential spokesman Marcelo Baumbach confirmed Tuesday. During the meeting, an agreement on the exploitation of oil off the Cuban coast will be signed between the two nations' state-owned oil and gas companies, Petrobras and Cuba Petroleo
    Oct 29 03:41 am |Rating: +1 0
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