Articles > Newspapers > International Newspapers, Major Markets > TendersInfo news wires > November 2009

Article: China : Petrobras signs $10 bn loan deal with China.

Article from:
TendersInfo
Article date:
November 6, 2009
Copyright

Byline: manish03

Brazilian state-controlled energy giant Petrobras said that it has signed a contract finalising a 10-year, $10 billion loan from China Development Bank (CDB) Corp, the biggest-ever financing deal between a Chinese entity and a Brazilian firm.

This funding is relevant not only due to the amounts involved, but also because it represents a new phase of relationship between developing countries, Petrobras CFO Almir Barbassa said in a statement Wednesday.

The executive represented Petrobras at the signing ceremony Tuesday in Beijing, the statement read.

Negotiators had been hammering out the terms of the financing deal ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: China and Brazil ink loan-for-oil deal.
The Oil Daily;  May 20, 2009 ;     700+ words ... ... oil company Petrobras via the China Development Bank (CDB ... to increase crude exports to China to 150,000 barrels per day ... term export agreement with Unipec Asia, a wholly owned subsidiary ... triple its crude exports to China, which averaged 60,000 b ...

Article: China to Buy Oil Reserves - Analyst Blog
Zacks Investment Research - Analyst Blog;  March 4, 2009 ;     609 words ... ... into perspective, even if China decided to buy 100 million ... it makes a lot of sense for China to make such a move, mainly ... an export oil contract with UNIPEC Asia Co. Ltd., a subsidiary of China Petrochemical Corporation ...

Article: Petrobras to borrow 10 bln USD from CDB, increase oil exports to ...
Xinhua News Agency;  May 19, 2009 ;     502 words ... ... of goods and services from China, the company said. The interest ... oil exports from Brazil to China. A long-term export agreement ... Tuesday between Petrobras and UNIPEC ASIA, a wholly-owned subsidiary of China Petroleum and Chemical Corporation ...

Article: China provides largest-ever credit for Brazil.
Vietnamese News Agency;  May 20, 2009 ;     530 words ...Beijing (VNA) The China Development Bank has agreed ... occassioned by the visit to China by Brazillian President Luiz ... same day between Petrobras and UNIPEC ASIA, a wholly-owned subsidiary of China Petroleum and Chemical Corporation ...

Article: PETROBRAS TO BORROW US$10 BLN FROM CDB, LIFT OIL EXPORT TO ...
AsiaPulse News;  May 20, 2009 ;     700+ words ... ... of goods and services from China, the company said. The interest ... oil exports from Brazil to China. A long-term export agreement ... Tuesday between Petrobras and UNIPEC ASIA, a wholly-owned subsidiary of China Petroleum and Chemical Corporation ...

Article: UNIPEC Selects SolArc for Global Crude Oil Supply and Trade ...
Business Wire;  February 6, 2003 ;     700+ words ... ... end solution. About UNIPEC China International United Petroleum ... equity joint venture between China Petrochemical Corporation (SINOPEC) and China National Chemicals Import ... UNIPEC UK Co. Ltd., UNIPEC Asia Co. Ltd. and UNIPEC Labuan ...

Article: CHina : Sinopec to buy LNG from ExxonMobil unit.
TendersInfo;  November 7, 2009 ;     680 words ...Byline: manish03 Interfax-China reported that China Petroleum & Chemical Corp ... signed between Sinopec subsidiary Unipec Asia Co Ltd and ExxonMobil subsidiary ... behind its domestic rivals, China National Petroleum Corp and China ...

Article: China : Petrobras Deals with China.
TendersInfo;  February 26, 2009 ;     627 words ... ... an export oil contract with UNIPEC Asia Co. Ltd. -- a subsidiary of China Petrochemical Corporation ... day. The Memorandum between China Development Bank Corporation ... oil export of Petrobras to China; Partnerships between Petrobras ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives