Brazil May Up Petrobras Stake

摘要

Brazil's government plans to increase its stake in state-run oil company Petrobras by 2010 by offering new oil fields in exchange for company shares, a source told Reuters on Friday. The plan is part of President Luiz Inacio Lula da Silva's proposed regulatory overhaul that would change rules on how companies can access offshore subsalt reserves that the industry views as a new frontier for the oil business.