Deals
Petrobras Eyes Argentina Deals to Boost Energy Imports
- Company looks to access shale gas in Vaca Muerta shale patch
- Brazil seeks energy reserves to drive industrial development
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Brazil’s state-controlled oil producer Petroleo Brasileiro SA is hunting for shale gas deals in Argentina as part of a bigger plan to increase supplies of the fuel to spur industrial growth, according to people familiar with the strategy.
Assets in which Petrobras is looking to acquire a stake include those of Tecpetrol SA, a unit of billionaire Paolo Rocca’s Techint Group, said the people, who asked not to be identified because the matter is confidential.