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.



Source link

  • Related Posts

    'Storm before the calm': Canadian exporters opt to wait and see on Trump tariffs

    MONTREAL — Canadian shippers are adopting a wait-and-see approach to the latest round of tariff threats from Donald Trump, trade experts say, even as a fresh feeling of angst sweeps…

    Departures of Senate-confirmed Trump administration officials are surpassing his first term, new report finds

    The Trump administration is facing a spike in departures of powerful Cabinet department officials compared to his first term, according to the nonprofit Partnership for Public Service. Subscribe to read…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    New report suggest Trump’s newest tariffs will pose only minimal hit to Canada’s overall rate

    New report suggest Trump’s newest tariffs will pose only minimal hit to Canada’s overall rate

    'Storm before the calm': Canadian exporters opt to wait and see on Trump tariffs

    'Storm before the calm': Canadian exporters opt to wait and see on Trump tariffs

    P.E.I. brewers say they won’t see much return from provinces removing alcohol sale barriers

    P.E.I. brewers say they won’t see much return from provinces removing alcohol sale barriers

    SoundCloud acquires decentralized music platform Nina Protocol months after its shutdown

    SoundCloud acquires decentralized music platform Nina Protocol months after its shutdown

    Running Out Of Room: Miami International Airport Goes On Land-Buying Spree For Future Growth

    Running Out Of Room: Miami International Airport Goes On Land-Buying Spree For Future Growth

    Departures of Senate-confirmed Trump administration officials are surpassing his first term, new report finds

    Departures of Senate-confirmed Trump administration officials are surpassing his first term, new report finds