New Atlanticist
Jul 15, 2016
From Scandal to Silver Lining: Petrobras’ Offering Opportunity for Brazil’s Energy Sector
By
Meghan Rowley
The Lavo Jato corruption investigations, also known as Operation Car Wash, into Petrobras, Brazil’s oil giant, shocked the energy sector and helped fuel one of the country’s worst recessions. Nonetheless, some analysts are optimistic that the industry can open itself up to foreign investors and domestic competition to once again generate prosperity. “The energy industry […]