How to Lose $34 Billion in 18 Months
The Brazilian energy industry has been slow to develop. Both Petrobras and OGX Petroleum & Gas are both prime examples.
Did Five Eyes Spy on Brazil’s Libra Oil Field?
Some say they’re the world’s most exclusive intelligence sharing club. A recent conspiracy theory suggests that one of their Canadian operatives was found snooping around at Brazil’s Ministry of Mining and Energy.
We Have Only Seen the Beginning of the Rig Industry Boom
The need for offshore rigs will go well past the end of the decade and into new horizons, and both Ensco and Seadrill are perfectly positioned to take advantage of it.
Is Petrobras for Real this Time?
Petrobras has high hopes. Will assistance from Royal Dutch Shell and Total SA be enough?