- Reuters•20 days ago
Petrobras' plans to sell 'junk' oil fields off the coast of Brazil's Sergipe and Ceara states will do little to boost the economic prospects of the regions, hampered by company cutbacks and delays at larger discoveries nearby, sources said on Monday. Brazil's state-owned oil company on Monday said it plans to sell nine shallow-water oil fields that produce a total of 13,000 barrels of oil and equivalent natural gas a day from multiple wells.
We keep the tough going with 2,300 convenient locations, 6,500 helpful employees & a 97% customer satisfaction rating. Talk about strength in numbers.
- Reuters•4 months ago
NEW DELHI/MOSCOW, March 16 (Reuters) - Indian state companies signed energy deals worth billions of dollars with Russia's Rosneft on Wednesday to buy into its most promising assets in Siberia, stepping up a drive to cut New Delhi's dependence on imports. Prime Minister Narendra Modi, who wants to cut India's oil imports by 10 percent in six years, is steering efforts to buy foreign energy assets, taking advantage of low global oil prices and a slowdown in China's overseas acquisitions. Under the deals signed with Rosneft CEO Igor Sechin, the Indian companies will raise their stake in the Vankor oil field to almost 50 percent and buy about 30 percent of the Taas-Yuriakh field.
Bharat Petroleum Corp. Ltd.NSE
|52wk Range||365.58 - 601.85|
|Day's Range||585.40 - 601.85|
|Avg Vol (3m)||2,528,232|
As of 5:59 AM EDT. Market closed.