28.11.2008 - Petrobras gets financing offer from UAE fund
From Easybourse.com: Brazilian state-run energy giant Petroleo Brasileiro (PBR) has received a financing commitment from a sovereign wealth fund in the United Arab Emirates, Mines and Energy Minister Edison Lobao said Thursday. The amount of any loans from the $1 trillion fund will be based on Petrobras' possible needs, Lobao said upon exit from a Senate hearing. "If its convenient for Petrobras and Brazil, we will take advantage of the financing," Lobao said. .... Full Article: Source
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