Brazil Oil & Gas Articles

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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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Petrobras Facing A Real Problem

We take a cautious short-term stance toward Brazilian state-oil company Petrobras, noting that the recent sell-off of the real will only exacerbate both the company's rapidly rising net debt burden...

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