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Brazil & Southern Cone - June 2024

Introduction

Ever since its foundation over seven decades ago, Brazil’s state-run oil company Petróleo Brasileiro SA (Petrobras) has been a political football for the country’s leaders, each seeking to tap into the vast resources of Latin America’s largest energy company. This June edition of the Latin American Regional Report: Brazil & Southern Cone begins with a look at how in May President Luiz Inácio Lula da Silva implanted his own vision for Petrobras by installing a new chief executive officer.

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