Argentina YPF Seeks Petrobras Partnership

By Stephen Eisenhammer, Contributing Reporter

RIO DE JANEIRO, BRAZIL - Argentina is seeking greater partnership with Brazilian state-run energy company, Petrobras, to develop the country’s energy resources after announcing the nationalization of YPF, its main oil producer, last week. The move, which saw Argentine president, Cristina Fernandez de Kirchner, strip a 51 percent YPF stake from Spanish oil company Repsol and place the company under national control, sent shock waves through the business world.

Petrobras however, might be . . .

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