"Brazil Oil & Gas Report Q3 2012" Now Available at Fast Market Research
BMI View: The discovery of billions of barrels of oil in the so-called subsalt oil province offshore Brazil has been one of the most significant developments in the global oil industry for many years. Regulatory reforms under former president Luiz Inacio Lula da Silva place much of the onus for developing those reserves on state-run Petrobras, although foreign companies will also play an important role. Crude production should grow rapidly over the coming years, with the country forecast to be...
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