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CVRD ‘is not an oil company’

Brazilian mining giant CVRD only seeks natural gas for its own operations and has no big hydrocarbons ambitions, the company said today, a day after debuting in Brazil's annual auction of oil and gas licences.

Offshore energy: but Brazilian miner CVRD said it would use its new hydrocarbon assets only to supply its own operations
Offshore energy: but Brazilian miner CVRD said it would use its new hydrocarbon assets only to supply its own operations
  • Jonathan Davis
Published 28 November 2007, 20:50Updated 7 October 2016, 07:13
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