Exploration

Petrobras sells 64 bln dlrs of stock to fund oil exploration

3 Sep 2010

Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.

OMV Exits Russian Oil Assets, Sells Field Exploration Licenses to Partner

3 Sep 2010

OMV AG , central Europe’s biggest oil company, exited Russian exploration, selling stakes in oilfield licenses to its minority partner, Mineral & Bio Fuels Ltd.

Petrobras sells 64 bln dlrs of stock to fund exploration

3 Sep 2010

Brazil's Petrobras unveiled one of the world's biggest share offerings on Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into one of the world's top 21st century oil exporters.