Friday, November 09, 2007

Oil discovery rocks Brazil

Story Highlights
  • Petrobras president: Oil found would give Brazil the world's eighth largest reserves
  • Petrobras: Tupi field has equivalent to 40 percent of all oil ever discovered in Brazil
  • Brazil became a net oil exporter only last year
  • Presidential chief of staff: Oil find will put Brazil on level of Venezuela, Arab nations

No comments: