Brazil’s Petrobas raises $70b Brazil’s oil company, Petrobas, raised $70 billion in a sale of it’s stock. According to a report on the Economist website, “The share issue is an important element in Brazil’s plan to exploit the sizeable oilfields it discovered off its coasts in 2007. These ‘pre-salt’ fields (so called because they areContinue reading “The Week’s Environmental News Roundup”
