Batista Brothers Clinch Venezuela Oil Stake as Deals Gain Steam


Fluxus Oil, Gas & Energy, owned by Joesley and Wesley Batista, acquired A&B Oil and Gas in recent months, according to people familiar with the transaction. A&B owns a 49% stake in the Petrolera Roraima joint venture with Venezuela’s national oil company Petroleos de Venezuela SA, said the people, who weren’t authorized to discuss the information. The terms weren’t disclosed.



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