Brazil's newest oil auction attracting oil majors

Tuesday, October 1st 2019 - 09:47 UTC

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Brazil’s newest oil auction is attracting some of the world’s biggest oil majors such as BP, Chevron, CNOOC, ExxonMobil, and Shell, the Brazilian government said on Monday, according to Bloomberg. Read full article

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:o))
IF the justification to auctions, is to earn greater profits than those due to the Local Brazilian Production; indicates:
- Brazilian Mismanagement [to say the least]
- Better to buy than to produce [if Govt-Managed]
Oct 04th, 2019 - 12:12 am - Link - Report abuse 0
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