epa01843749 Brazilian President Luiz Inacio Lula da Silva participates in the presentation of the program of control for the exploration and distribution of the oilfield of 'pre-sal' at Centro de Convenciones Ulisses Guimaraes in Brazilia, Brazil, 31 August 2009. Brazilian government proposed that state-run company Petrobras operate alone or in society with other companies all oilfields of 'Pre-sal', a region that could turn Brazil into a world´s new oil power. EPA/FERNANDO BIZERRA JR
Lula may lose Petrobras vote
Brazil's ruling party may lose a key Congress vote on a capitalisation plan
for state-run Petrobras, a pro-government legislator said, implying the
state may not be able to boost its control over the company as much as
expected.
Upstream staff
02 March 2010 01:26 GMT