Dig deep for oil investment opportunities

The era of cheap oil has gone for good. But although it may be more expensive to extract, there is still plenty of oil waiting to be discovered. It just requires a lot more investment...

Brazilian president Luiz Inacio Lula da Silva put the country's recent massive oil find down to the fact that God was a Brazilian

The country's government and the state-run oil company Petrobras announced two weeks ago that exploration of its Tupi offshore field showed it had enough to increase national oil reserves by a staggering 50%. Indeed, it has been said the discovery could quickly propel Brazil into the top 10 global oil producers.

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