Petrobras: Massive Discoveries And The Case For Downstream
- Tuesday, November 15, 2011, 3:27
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Brazilian oil giant Petrobras marches on with its project to become the world’s largest oil producer, but faced substantial headwinds in the third quarter, with the real falling nearly 20% versus the dollar and about 70% of its debt exposed to currency fluctuation, along from a slowing domestic economy.
http://www.forbes.com/sites/afontevecchia/2011/11/14/petrobras-massive-discoveries-and-the-case-for-downstream/