Brazil

BMI View: Brazil's ongoing legal saga over the distribution of oil royalties has entered a new and complex stage, as oil producing states including Rio de Janeiro and Espírito... 2013-03-13

BMI View: Our view that Petrobras will see its equity performance strengthen if it commits itself to a credible path of reform is playing out; the announcement of a further 5% hike... 2013-03-07

BMI View: The upcoming 11th Licensing Round will see a more geographically diverse offering of blocks than in previous licensing rounds, resulting in what the Brazilian government hopes... 2013-02-21

BMI View: Petrobras registered net income of US$11bn in 2012, representing a 45% y-o-y decline in net income. Although Petrobras' results have disappointed investors, particularly over... 2013-02-18

BMI View: Latin America is set to benefit from the rapid internationalisation of the unconventional boom. However, as countries - and companies - try to replicate the explosion of new... 2013-01-30

BMI View: Petrobras will gain some much-needed relief on the back of the government's decision to raise both domestic gasoline and diesel prices. We have regularly highlighted a number... 2013-01-18

BMI View: Brazil's 11th licensing round has now been officially signed off by President Dilma Rousseff and is expected to attract significant foreign interest. Should exploration prove... 2013-01-14