Tag: Exxon

By Amy Skalmusky, Contributing Reporter RIO DE JANEIRO, BRAZIL - With the recent Libra oil field discovery promising reserves of up to fifteen billion barrels of oil and Sinochem and BP coughing up billions for space in the Campos Basin,...

By Doug Gray, Senior Contributing Reporter RIO DE JANEIRO – Petrobras President Sergio Gabrielli was celebrating the world’s biggest ever share offer at the end of last week that, according to Brazilian Finance Minister Guido Mantega, now gives the company...

By Bruno De Nicola, Contributing Reporter RIO DE JANEIRO - Spain's oil giant, Repsol, announced last week the discovery of a new offshore oil well in the BM-S-48 Block of the pre-salt area, around 257 kilometers off the São Paulo...