WORLDCLASS OIL TRADERS COMPETE FOR PETROBRAS AFRICA
Shell, Vitol and Glencore battle to buy Petrobras Africa. Three of the world’s largest oil traders are competing to buy assets of the African arm of Brazil’s petroleum corporation Petroleo Brasileiro SA (Petrobras). The three companies competing to buy the Petrobras Nigerian assets include; Shell, Vitol and Glencore. Petrobas Oil & Gas BV, or Petrobras Africa owns two world class Nigerian deep-water oil blocks containing the Agbami and Akpo producing fields operated by Total SA and…
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