Posts
BLOOMBERG/
"OGX Petroleo e Gas Participacoes SA, the Brazilian oil company controlled by billionaire Eike Batista, said it found signs of crude off Brazil’s coast and that it is considering a share split next year.
The discovery is in the BM-S-29 block in shallow waters of the Santos Basin, about 130 kilometers (81 miles) off the coast of Sao Paulo state.
The shares have more than doubled this year on speculation Batista may replicate Petrobras’s success in finding crude off Brazil, site of the largest oilfield discovery in the Americas in the past three decades.
Popular Posts
- ARGENTINA: 2 Prisoners Escape As Dummy Stands Guard.
- Brasilian Senator Admits We Are "A Bunch Of Crooks."
- BOLIVIA: Morales Opponent Governor Removed By Legislature.
- RUSSIA / CZECH REP / SWEDEN / MEXICO / BRASIL: Gauging Navalny's Real Support; American Sought For 4 Murders In Brno; Rioting Near Stockholm Spreads On 4th Night; Vigilantes Continue Narco Fight In Tierra Caliente; October Auction Scheduled For Giant Libra Subsalt Field.
- COLOMBIA : 13 July UPDATE: War Between The Presidents: Prez Santos Risks Rebel Stronghold Visit; Popularity Declines As FARC Rebuilds; Former Ally Seeks Santos Job.
- BRASIL: Business Still Stuck In Red Tape With The Old Bureaucracy.
- MEXICO : Narcos Hoist Banners In Guanajuato... Demanding Peace For Pope's Visit.
- MEXICO: Legislature Votes To Strip Immunity From Politician Accused Of Narco Ties.
- ARGENTINA: MaradonaTo Continue As Soccer Coach.
- Mexican Court Frees 22 Convicted Of Chiapas Killings.
