Petrobras: Massive Discoveries And The Case For Downstream |
| November 14, 2011 | November 2011 Bond Updates |
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Brazilian oil giant Petrobras marches on with its project to become the world’s largest oil producer, but faced substantial headwinds in the third quarter, with the real falling nearly 20% versus the dollar and about 70% of its debt exposed to currency fluctuation, along from a slowing domestic economy. |
| View more at: http://www.forbes.com/sites/afontevecchia/2011/11/14/petrobras-massive-discoveries-and-the-case-for-downstream/ |
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