Grace Fan

Director, Brazil/Latin America Research

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Recent Brazil research

* Brazil: Key indicators to watch in 2018, Elizabeth Johnson, Grace Fan, 14 Dec 2017
* Brazil: Key indicators to watch in 2018, Elizabeth Johnson, Grace Fan, 14 Dec 2017
* Brazil: Keeping the flame alive, Grace Fan, Elizabeth Johnson, 7 Dec 2017
* Brazil: Down to the wire, Grace Fan, Elizabeth Johnson, 30 Nov 2017
* Brazil: The rise of the Right, Grace Fan, Elizabeth Johnson, 22 Nov 2017

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Brazil: Doubling down on Petrobras

Overview

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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