Brazil's state-run oil company may give state-owned Chinese firm stakes in oil fields it operates in the Campos basin

  • along with the right to use the new Comperj refinery

This would given China its first refining capacity in the Americas.

CNPC would invest in the oil refinery in exchange for crude oil

Reuters citing two people with knowledge of the talks

Just posting this up out of interest - more moves from China

More here at the report


China National Petroleum Corp Ltd (CNPC)

Petróleo Brasileiro is Brazil's state-run oil company