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Banker Takes Helm of Brazil's Troubled Oil Giant

2015-02-08 01:50:53| Oil & Gas - Topix.net

SAfO PAULO-With state-controlled Petroleo Brasileiro SA reeling from a corruption scandal and the mass exit of top executives this past week, the government on Friday installed a familiar face atop Brazil's most important company.

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Brazil's Oil and Gas Industry Takes Action as Confidence Hits New Low

2015-02-04 17:42:00| Offshore Technology

Faced with the rapid decline in oil price, confidence in the outlook for the oil and gas industry in 2015 has dropped steeply in Brazil from 65% to 29% since October, according to new research published today by DNV GL.

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Brazil's most populous region facing worst drought 80 yrs

2015-01-24 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: Brazilian Environment Minister Izabella Teixeira has said the country's three most populous states are experiencing their worst drought since 1930. The states of Sao Paulo, Rio de Janeiro and Minas Gerais must save water, she said after an emergency meeting in the capital Brasilia. Ms Teixeira described the water crisis as "delicate" and "worrying". Industry and agriculture are expected to be affected, further damaging Brazil's troubled economy. The drought is also having an impact on...

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