BG group to invest $30 billion in Brazil over the next decade
BG Group PLC announced it will invest up to $30 billion in Brazil over the next decade, confirming the South American country as one of the most important locations worldwide for the London-based energy group, Chairman Sir Robert Wilson said Monday.
Petroleo Brasileiro SA, Brazil's state-controlled oil producer, may invest about $400 billion through 2020 as it seeks to develop the Americas' biggest crude discoveries in more than three decades, a minister said.