Turkey, Brazil to explore for Black Sea oil

Turkish President Abdullah Gul announced on Friday that Turkish Petroleum Corporation (TPAO) and Brazil’s PetroBras would jointly explore oil in the Blacksea as the initial findings inspired hope.

Gul made the announcement at a joint press conference with visiting Brazilian President Luiz Inacio Lula Da Silva in the Turkish capital of Ankara following their talks and the signing ofan oil exploration agreement between TPAO and PetroBras.
Xinhua