Tue, 14th May 2013 13:23
RIO DE JANEIRO, May 14 (Reuters) - Brazil's state-run oilcompany Petrobras, Portugal's Galp andBrazil's OGX won Brazilian onshore oil and gasexploration blocks in a frontier region of Brazil's ParnaibaBasin at an auction on Tuesday conducted by oil regulator ANP.
They agreed to pay a combined 61.3 million reais ($30million) for the rights to the blocks in Brazil's northeast. Theblocks are near the same basin where OGX bought rights in 2007and is now producing natural gas.
(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.
(Sharecast News) - Shell is reportedly looking to China as it looks to offload its Russian business.
(Sharecast News) - Shell is reportedly preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, par...
(Sharecast News) - Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350.0p to 2,375.0p on Monday, stating th...
TOP NEWS SUMMARY: Shell and BHP share unifications go into effect
BP (BP.)