Brazil's oil potential requires more rigs: Discoveries mean opportunity for U.S. companies

                   
tmcnet.com     May 7, 2008            

Brazil's oil potential requires more rigs: Discoveries mean opportunity for U.S. companies ... Via Acquire Media NewsEdge) May 7--Petrobras is in a "very good position" after making huge deep-water oil discoveries off Brazil in recent months, the top executive of Brazil's... [read full story]                

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Brazil oil and India

livemint.com     May 5, 2008          

It will take a decade for Brazil to become a player capable of moving the oil market significantly ... Even as international oil companies are enjoying the record prices, the stock of Brazil’s state-controlled Petrobras has become much costlier than a Shell or an Exxon....                

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