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Brazil

Oil & Gas

Trac back on track

Trac Oil and Gas’ boss believes the time is right to revisit the firm’s international expansion plans after getting off to a false start several years ago.

Americas

New Petrobras boss swears off subsidies, government intervention

The new head of Brazil’s state-controlled oil company criticized its history of government interference and vowed to pursue policies that will boost profit, echoing a wider pledge by President Jair Bolsonaro to reduce the state’s role in Latin America’s largest economy.