Search
Petrobras, which is investing $236.5 billion as it develops the Americas’ largest oil finds in more than three decades, is struggling to contain surging labor and equipment costs as inflation accelerates after Brazil’s central bank cut interest rates to a record low.

Photographer: Rich Press/Bloomberg

Petrobras, which is investing $236.5 billion as it develops the Americas’ largest oil finds in more than three decades, is struggling to contain surging labor and equipment costs as inflation accelerates after Brazil’s central bank cut interest rates to a record low.
October 29, 2012
Article
Petrobras Profit Falls as Drilling Costs Rise: Corporate Brazil
« Back to Home