Correa warns Petrobras over Ecuador oil field


  • Business Premium
  • Sunday, 05 Oct 2008

QUITO, Ecuador (AP) - Ecuador's president is threatening to nationalize an Amazon oil field if Brazil's state oil company doesn't hand it over quickly.

President Rafael Correa says Petroleo Brasileiro SA has not followed through on a two-week-old deal giving Ecuador's state oil company control of the field.

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