Summary
To secure its future oil and gas needs, China is investing heavily in various emerging oil producing nations worldwide. In May 2009, China signed an agreement to grant $10 billion as a loan to Petrobras, the national oil and gas operator of Brazil. Petrobras’ effort to capitalize on Brazil’s abundant oil reserves and to transform Brazil into a leading oil producing nation globally has propelled this deal.
Scope
- GlobalData viewpoints cover the latest events or important trends in the global oil and gas industry and provide our in-depth analysis of issues and challenges. Viewpoints offer expert opinions and GlobalData’s views of various developments that have been taking place in the oil and gas industry across the world.
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- Gain a strong understanding of the energy market and analyze the major trends in the global oil and gas industry today
- Identify opportunities and challenges with the help of our analysis of the latest news and deals in the oil and gas industry
- Increase future revenue and profitability with the help of information on latest operational, financial, and regulatory events