Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, October 24, 2013

Chinese oil firms, Europe's giants win Brazil auction

Chinese oil firms, Europe's giants win Brazil auction
Rio De Janeiro (AFP) Oct 22, 2013 - China's CNOOC and CNPC, Anglo-Dutch giant Royal Dutch Shell and France's Total joined Brazilian state operator Petrobras on Monday in winning production rights to the huge "Libra" Atlantic oilfield. The five firms won 35-year concessions, with Petrobras taking a 40 percent stake, more than the minimum required by the terms of Brazil's offer, which has been controversial at home. Shell an ... morehttp://www.oilgasdaily.com/reports/Chinese_oil_firms_Europes_giants_win_Brazil_auction_999.html

No comments:

Post a Comment