Brazil Oil & Gas Views

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Filling Up The Chinese Tank

China looks set to continue attempts to diversify its oil imports, with recent statements by the country's foreign minister highlighting China's rising appetite for Latin American crude. While we...

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Pressure Rising On Deepwater Rigs

After a slowdown in the coming quarters, we expect the market for deepwater rigs to begin to recover over the medium term. Rig rates will suffer in 2014 from a slowdown in demand and a ramping up of...

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Petrobras Plans Higher Upstream Spend

Brazilian state-run energy company Petroleo Brasileiro (Petrobras) is planning a 4% increase in budget for its upstream unit in its 2014-2018 business plan, which was unveiled in the week starting...

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