Repsol partner in a huge deposit off the Brazilian coast with 1.25bn barrels of oil

Friday, May 25th 2012 - 09:04 UTC

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Spain’s Repsol, recovering from the recent seizure of YPF by the Argentine government, said an area off the coast of Brazil it is exploring with partner China Petroleum and Chemical Corp. contains the equivalent of at least 1.25 billion barrels of oil. Read full article

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v for victory
Good news for Repsol, but has there been any progess in getting ANY compensation from the Argentine takeover???
May 25th, 2012 - 11:19 am - Link - Report abuse 0
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skåre
Of course there hasn't been progress. Argentina doesn't have the money to pay compensation, which is why they have to steal other people's assets in order to put off the inevitable for another few weeks.
May 25th, 2012 - 11:21 am - Link - Report abuse 0
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