Brazil Pins Hopes On Massive, Untapped Oil Fields

Juan Forero-NRP, 12/01/09

Courtesy of flickr user Nestor Galina

“Every few years, the global search for oil yields what’s called an “elephant field” — a pool of oil believed to hold a billion barrels or more. Brazil says it’s found several such fields that, once in full production, will make the South American country a major oil player.

Those discoveries have shined a spotlight on a company little known outside petroleum circles: Brazil’s state-owned Petrobras, which is now gearing up to pump as much oil as it can.”

Listen to the story on NRP’s Morning Edition here

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