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  • Brazil's Oil Power Grab Could Hit Petrobras [View article]
    Lula, our president, did stated several times that Petrobras will be fortaized, with the help of the govern, with Pre-sal exploration.

    What is likelly to happen is that the govern will buy more participation of Petrobras shares, buying it with the Pre-Sal oil to be explored.

    A new company to explore the oil is madness and will not happen. But the govern will raise it's participation on the profits of the exploratioin, and create a found to be invested in misery elimination and education.

    Don't worry, Petrobras will be fortalized with this.

    - Uderman

    Sep 17 07:06 am |Rating: 0 0 |Link to Comment
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