Brazil's Oil Reform Takes A Step Forward

Brazil's lower house of Congress on February 25 approved a bill that would create a fund to invest oil revenues in education, health, the environment and other social and economic development projects. The bill is the third in a package of four reforms aimed at overhauling the country's oil legislation to give the state greater control over the country's vast and potentially lucrative offshore subsalt reserves.

To read the full article, please choose one of the following options: