Tag: Oil & Gas

By Chesney Hearst, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – As international fuel prices increase and demand rises, Texas Energy Exploration extends an offer to accredited investors in Brazil and around the world to participate in one of the...

By Leo Byrne, Contributing Reporter RIO DE JANEIRO, BRAZIL - Petrobras, Brazil's majority-state-owned oil producer continued its downward trajectory as it announced profits of R$21.1 billion in 2012, a 36.6 percent slump when compared to the previous year. The figure...