Wednesday, 27 March 2013

Petrobras, Once Symbol of Brazil’s Oil Hopes, Strives to Regain Lost Swagger exposing country of global energy markets

RIO DE JANEIRO — Brazil’s oil production is falling, casting doubt on what was supposed to be an oil bonanza. Imports of gasoline are rising rapidly, exposing the country to the whims of global energy markets. Even the nation’s ethanol industry, once envied as a model of renewable...Petrobras, Once Symbol of Brazil’s Oil Hopes, Strives to Regain Lost Swagger exposing country of global energy markets

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