Repsol YPF SA posted its biggest gain in Madrid trading in almost six years and BG Group Plc climbed to a record in London after the Brazilian government said the Carioca oil field offshore Brazil may be the third-largest ever drilled. Repsol, which owns a quarter of the Carioca field, rose 2.18 euros, or 9.3 percent, to 25.68 euros, the biggest increase since June 2002. BG, owner of 30 percent of the Carioca project, gained 66 pence, or 5.4 percent, to a record 1,288 pence, the highest close since the company sold shares in 1988. The Carioca field may hold 33 billion barrels of oil, Haroldo Lima, director of Brazil's National Oil Agency, said at a seminar in Rio de Janeiro yesterday.
Repsol, which owns a quarter of the Carioca field, rose 2.18 euros, or 9.3 percent, to 25.68 euros, the biggest increase since June 2002. BG, owner of 30 percent of the Carioca project, gained 66 pence, or 5.4 percent, to a record 1,288 pence, the highest close since the company sold shares in 1988.
The Carioca field may hold 33 billion barrels of oil, Haroldo Lima, director of Brazil's National Oil Agency, said at a seminar in Rio de Janeiro yesterday.
now...
are the numbers real? Will we really ahve a cusion from 2015 to 2025 to compensate for the expected declines?
A pleasure I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude
