Brazil's OGX Petroleum (OGXPY.PK +14.6%) reportedly is in talks to sell a 40% stake in the...


Brazil's OGX Petroleum (OGXPY.PK +14.6%) reportedly is in talks to sell a 40% stake in the company to Lukoil, as well as a 40% stake in its Tubarao Martelo field to Malaysia's Petronas; OGX denies the report but investors are reacting positively. The deals would shore up finances at Eike Batista's troubled company ahead of next month's important auction of oil and natural gas concessions.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs