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Articles: Brazil (2)

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If Mexico is the next Brazil in oil production, brace for disappointment

Recent reforms would open oil exploration and development in Mexico to major oil companies for the first time in decades. But it's instructive to look at what actually happened in Brazil since the time its potential as a major new oil producer was touted several years ago under similar …

Depletion: The one word oil optimists refuse to utter

With the media awash in stories telling us how much oil is being discovered around the world, there is one word which the optimists quoted in these stories refuse to utter: Depletion.

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