Grace Fan

Director, Brazil/Latin America Research

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Recent Brazil research

* Brazil: Cold winds blow on Temer, Elizabeth Johnson, Grace Fan, 22 Jun 2017
* Brazil: Waiting for Janot, Grace Fan, Elizabeth Johnson, 15 Jun 2017
* Brazil: Electoral court hints at 4-3 vote in favour of Temer, Grace Fan, Elizabeth Johnson, 8 Jun 2017
* Brazil: Electoral ‘trial of the century’ on track for quick ruling, Grace Fan, Elizabeth Johnson, 7 Jun 2017
* Brazil teeters on a political cliff edge, Larry Brainard, 2 Jun 2017

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Brazil: Doubling down on Petrobras


The embattled Dilma administration opted this week to expand Petrobras’ (PETR3:BZ, PBR:US) already outsized role in Brazil’s oil & gas sector amid the president’s still shaky re-election campaign and a widening congressional corruption probe. The government announced it will grant the firm production-sharing rights for four prime pre-salt areas that, combined, have massive estimated recoverable reserves of 9.8-15.2 billion boe – a volume potentially larger than either Libra,...

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