Brazilian Oil Story: From Brags to Glitches

Deep in the Atlantic Ocean, under a layer of salt, lies a massive oil field that could make Brazil a major player in global oil exports, speculators say. This oil field has sent spirits and markets in Brazil soaring, only to end in bickering and criticism. On Monday, remarks made by Haroldo Lima, the head of Brazil's national oil agency ANP, caused flutters of excitement when he revealed during a conference that the latest petroleum finding off the coast of Brazil -- the Carioca field --...Full Story
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