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Awash in Cash, Brazil’s Petrobras Dreams of Becoming an OPEC Member

Petrobras, Brazil’s state-owned oil company, has plans to spend US$ 12.1 billion in projects ...

Lula Promises to Make Brazil an OPEC Member and World’s Greatest Energy Power

Brazilian President Luiz Inácio Lula da Silva promised an "energy revolution" that will make ...

Brazil Markets Slow Down After Record Highs

Brazilian markets weakened on profit taking following recent gains. Yesterday, Brazilian equities set new ...