Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  BOLSA DE VALORES DE SAO PAULO  >  Petroleo Brasileiro SA Petrobras    PETR4   BRPETRACNPR6

End-of-day quote. End-of-day quote  - 04/30
10.23 BRL   --.--%
04/30 PETROLEO BRASIL : Brazil’s Hour Of Reckoning – Analysis
04/30 PETROLEO BRASIL : Election of the Board of Directors of Petrobras Di..
04/29 KICKBACKS, DIRT : corruption scandals plaguing Latin America
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Petroleo Brasileiro Petrobras SA : Brazil's Rousseff Meets Nigerian Leader for Trade Talks

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/23/2013 | 01:04pm CEST

ABUJA (AFP)--Brazil's President Dilma Rousseff met with Nigeria's leader Goodluck Jonathan in Abuja on Saturday for talks that were expected to focus on boosting trade, notably in the energy sector.

Oil-rich Nigeria is Brazil's main commercial partner in Africa, with bilateral trade soaring 500% from $1.5 billion in 2002 to $9 billion last year.

Brazil's state-owned oil company Petrobras (PBR, PETR4.BR) has invested hundreds of millions of dollars in Nigeria's coal, oil, natural gas and alternative energy sectors.

Experts say that Brazil is looking to expand energy ties with Nigeria, Africa's top oil producer, to fuel its growing economy.

At a major industry conference in Abuja last month, Nigeria's Oil Minister Diezani Alison-Madueke said that growing oil and gas production in the United States had begun affecting Nigerian exports and that the west African nation would have to look to different markets.

The fall is US exports was due in part to a rise in American shale oil production, including through new technologies like fracking, Alison-Madueke said.

Rousseff arrived in Nigeria after attending the Africa-South America summit in Equatorial Guinea, also a significant west African oil producer.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news on PETROLEO BRASILEIRO SA PET
04/30 PETROLEO BRASILEIRO PETROBRAS : Brazil’s Hour Of Reckoning – Analysi..
04/30 PETROLEO BRASILEIRO PETROBRAS : Election of the Board of Directors of Petrobras ..
04/29 KICKBACKS, DIRTY DEALS AND MORE : corruption scandals plaguing Latin America
04/29 KICKBACKS, DIRTY DEALS AND MORE : corruption scandals plaguing Latin America
04/29DJProsecutors File Fresh Charges in Petrobras Scandal
04/28DJProsecutors File Fresh Charges in Petrobras Scandal
04/28 PETROLEO BRASILEIRO PETROBRAS : Annual Report on Form 20F - 2015 filed
04/28 PETROLEO BRASILEIRO PETROBRAS : Will Brazil get its own Frank Underwood?
04/27 PETROLEO BRASILEIRO PETROBRAS : Are Brazil politicians playing their own 'House ..
04/26DJBrazil Prosecutor Vows to Keep Petrobras Corruption Probe on Course
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials