Special Report on the Recent Developments in the Brazilian Oil Industry

​The below report focuses on how key events drove the country´s oil sector development back from the brink. The strategic repositioning of Petrobras, new technologies, cost reductions and good geology played their part. However, the revised regulatory framework and the governments’ new stance towards the sector are what effectively altered the country´s perception, allowing Brazil not only to overcome the crisis, but also to thrive.