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India’s state-run Bharat Petroleum Corp said it had signed a preliminary agreement with Brazil’s national oil company Petrobras to help it diversify its crude oil sourcing.
Brazilian state-run oil firm Petrobras is considering an end to its participation in a programme certifying good governance and limited political interference in state companies set up by the Sao Paulo stock exchange, two sources told Reuters.
Mubadala Capital, the $20 billion global asset management firm, and Petrobras, the Brazilian integrated energy company, on Monday