India allows Bharat PetroResources to invest extra $1.6 billion in Brazil oil project
NEW DELHI (Reuters) – India’s cabinet has approved an additional investment of $1.6 bln by Bharat PetroResource’s Ltd (BPRL) in an oil project in Brazil, a government statement said on Wednesday. BPRL, the exploration arm of state-run Bharat Petroleum Corp, holds 40% stake in BM-SEAL-11 project, while the remainder is held by Brazil’s national oil …
India allows Bharat PetroResources to invest extra $1.6 billion in Brazil oil project Read More »








