Friday, May 9, 2008

Brazil’s secrets of big oil discoveries stolen

Brazil’s secrets of big oil discoveries stolen

By Jonathan Wheatley in São Paulo

Published: February 18 2008 23:11 | Last updated: February 18 2008 23:11

Executives at Halliburton, the US oil industry services company, and Petrobras, the Brazilian state oil group, will be called to give evidence to Brazilian police this week following the theft of computer equipment containing secret information on recent discoveries of potentially enormous oil and natural gas deposits.

Police have discarded initial suspicions that last week’s theft was an ordinary robbery that happened to pick up sensitive information, and are regarding it as industrial espionage.

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