Repsol, Sinopec deal to tap vast Brazilian oilfields
Spanish energy giant Repsol said Friday that China’s Sinopec, a major international player, will join forces with it in a 7.1 billion dollar deal to develop Brazil’s massive offshore oil reserves.
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If it isn’t Portugal, then it must be the European Union
Draconian measures were taken this week in Portugal by the “Socialist” (only in name) Government of José Sócrates, yet another right/centre right Government asking the Portuguese people to make sacrifices, a plea repeated time and again as this long-suffering, hard-working nation slips a few cogs further back into the quagmire of misery.
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