SAO PAULO Dec 20 Brazil's state-run oil company Petroleo Brasileiro SA has started to pump oil and natural gas from the subsalt field of Lapa, in the Santos basin, the company said in a securities filing on Tuesday.
Petrobras said its production vessel in the Lapa field, the FPSO Caraguatatuba, has the capacity to process 100,000 oil barrels per day. The company operates the area in partnership with BG E&P Brasil Ltda, a subsidiary of Royal Dutch Shell plc , and Repsol Sinopec Brasil SA. (Reporting by Silvio Cascione, editing by Louise Heavens)
Itaú's Setubal sees high growth at Brazil's XP
SAO PAULO, June 24 The price that Itaú Unibanco Holding SA paid for a minority stake in Brazilian independent securities firm XP Investimentos SA embeds "very high growth rates" ahead, co-Chairman Roberto Setubal said on Saturday.