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London-based energy group BG Group (BRGYY.PK) will plow $30B into Brazil over the next decade, a...

  • Tuesday, March 15, 2011, 12:11 PM ET
    London-based energy group BG Group (BRGYY.PK) will plow $30B into Brazil over the next decade, a "first step towards turning Brazil into a global provider of technological solutions." The company has invested $5B in the country along with Petrobras (PBR) since 1994 and plans to produce 550K barrels of oil equivalent/day there by 2020.
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