The most controversial blocks for exploration are located offshore at the mouth of the Amazon River basin. Petrobras, a government-controlled oil company, is pushing to begin preliminary drilling in search of new oil reserves.
Lula s Ambitions for Petrobras Hemmed in by New Rules oedigital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oedigital.com Daily Mail and Mail on Sunday newspapers.
Brazilian President Luiz Inacio Lula da Silva may soon discover that swapping the CEO of Petrobras is not enough to turn the state-run oil company into the engine for job creation and development it was during his first 2002-2010 terms.
In drought-hit Amazon, road paving fears grow as rivers run dry eco-business.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eco-business.com Daily Mail and Mail on Sunday newspapers.
Brazilian President
Luiz Inacio Lula da Silva may soon discover that swapping the
CEO of Petrobras is not enough to turn the state-run
oil company into the engine for job creation and development.