"Oil Falls After IEA, OPEC Cut Demand Forecasts Because of Global Recession"
Crude oil fell after the International Energy Agency and OPEC cut their global demand forecasts because of the recession in major consuming countries....Complete Story
"Uganda's Environment Body Approves Early Oil Output"
Uganda's environmental authority has approved an early production scheme by Tullow Oil, removing a legal hurdle for development of crude in the Albertine basin....Complete Story
"Exxon Mobil's Brazil Find May Hold 8 Billion Barrels of Oil, Rivaling Tupi"
Exxon Mobil Corp.’s oil discovery off the coast of Brazil may hold enough crude to rival the nearby Tupi prospect as the Western Hemisphere’s largest find in three decades....Complete Story
"South Korea Appeals To Nigerian Government Over Quashed Oil Deal"
Seoul's state energy firm said Thursday it has petitioned Nigerian President Umaru Yar'Adua to reverse his country's decision to scrap oil exploration rights awarded to a South Korean consortium....Complete Story
1 comment:
Petrobras will be one of the best bets for years to come. Who else rivals their growth potential? I invest in so few equities these days, but Petrobras is a no brainer.
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