The following video is from Thursday's Digging for Value, in which host Alison Southwick, Motley Fool analyst Joel South and Fool.com contributor Tyler Crowe dive deep into the top stories for today's energy sector investors.The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors: @TMFEnergy.
The Brazilian government is trying to sweeten the deal for the Libra field auction that is scheduled for next week, but what they are offering is still not going to be enough to get big oil names ExxonMobil and BP to change their minds and participate in the auction. In this segment, Tyler discusses why the mandate for Petrobras to be the primary operator in the field is more of the reason why ExxonMobil and BP are sitting this one out than what the government is offering to change.
Investing in Brazil's oil boom the right way
The way that Brazil wants to operate the offshore fields may make several investment opportunities unattractive. but one behind-the-scenes energy company could make monstrous profits. It's role in the energy space is growing ever more important by the day, and this potential has led our Chief Investment Officer to label it "The Motley Fool's Top Stock for 2013." You can get the details and the name of this game changing company in out special report. Simply click here and we'll give you free access to this valuable investing resource.
The article Big Oil Won't Bite on Brazil's New Deal originally appeared on Fool.com.Alison Southwick owns shares of ExxonMobil. Joel South has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. The Motley Fool recommends Petroleo Brasileiro S.A. (ADR) and Total SA. (ADR). Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.