Brent

Despite the disappointing results of licensing rounds this week, Brazil's oil and gas sector is in the midst of a veritable a boom. In addition to record production levels, investment opportunities are multiplying, spurred by regulations that have become more friendly to private companies in the past three years. More

Although Brazil's latest oil auctions failed to attract the private sector interest government had hoped, at least Petrobras came out of them reasonably happy. having already unveiled plans to install at least four new platforms in the Búzios field, one of its acquisitions.     More