Petrobras promises to expand and increase investments in Argentina

Saturday, April 21st 2012 - 06:44 UTC

Full article 9 comments

Brazil’s President Dilma Rousseff following a meeting with an Argentine delegation from the energy sector ratified her country’s decision to “strengthen the investment and the presence of the oil company, Petrobras, in Argentina”. Read full article

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Think
TWIMC

Jupppppppppppppppp.

We are talking about 2~3 billion US$ of new BRAZILIAN investments in the next 12 months...............

What a great week!

Unasur para todo el mundo.......
Apr 21st, 2012 - 07:04 am - Link - Report abuse 0
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reality check
You have to hand it to the Brazilians, they are not stupid. They know when the Argentines fuck up, they are going to have to get their fuel from somewhere. Laughing all the way to the bank. One tip though, get the cash up front first and make sure it's $US.
Apr 21st, 2012 - 07:06 am - Link - Report abuse 0
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Conqueror
This was to be expected. Argies don't have the ability to operate any commercial business properly. Their character and lack of intelligence is against them. Despite De Vido's words, politics will always be a motivation. Once having nationalised, CFK will HAVE to show that YPF can be operated better under her control. Watch out for stuff going missing and a whole raft of “explanations” for everything that happens. You can bet that all those “explanations” will blame Repsol.

So argieland has rushed to Brazil begging for help because it knows it cannot run YPF itself. You can also bet that there will be massive “environmental cleanup” costs in order to reduce any compensation argieland is forced to pay to Repsol. But, as you say “rc”, Brazil will be laughing all the way to the bank.
Apr 21st, 2012 - 10:38 am - Link - Report abuse 0
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British_Kirchnerist
Well done to Brazil (and its own radiant woman president), a brilliant example of continental solidarity and just the kind of investment Argentina can do with, rather than the kind they can best do without
Apr 21st, 2012 - 11:03 am - Link - Report abuse 0
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xbarilox
No investment in the UK, well it must be because the UK can't give anything, because what the UK has actually belongs to other people, other countries that the UK invades. Where is the OIL of the UK? Well, in Iraq, for example.

http://www.youtube.com/watch?v=HMPyDsLvPoM

This is a great day :)
Apr 21st, 2012 - 01:00 pm - Link - Report abuse 0
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Chris01
Foreign Direct Investment (FDI) in the UK was an estimated $77 billion in 2011, up 49% on 2010. FDI in argentina on the other hand...

http://www.upi.com/Top_News/Special/2011/10/27/Argentina-losing-out-on-Latin-American-FDI-flows/UPI-41341319744373/
Apr 21st, 2012 - 02:19 pm - Link - Report abuse 0
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Pirat-Hunter
Well done brazil ! Well done dilma rousseff, well done mercosur it's about time this continent united This might be the birth of the united states of South America.
Apr 21st, 2012 - 07:36 pm - Link - Report abuse 0
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British_Kirchnerist
In WH Smith yesterday browsing the journals, there was a lot on my Queen =) Along with several denunciations in the Economist, she had written a moving profile of Dilma for Time's 100 most influential people. Next year I imagine she'll be one of the 100 herself =)
Apr 22nd, 2012 - 12:04 pm - Link - Report abuse 0
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reality check
Your probably right. In between Atilla The Hun and Ghengis Khan
Apr 23rd, 2012 - 07:36 am - Link - Report abuse 0
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