October 2002

International Politics

Brazilian E&P unfazed by election worries. Taking center stage in Brazil is the Oct. 6 presidential election between left-leaning Luiz Inacio Lula da Silva and President Fernando Cardoso’s anointed successor, Jose Serra. At press time, Lula da Silva had increased his poll lead over Serra, 39% to 19%. Concern over a leftist victory had created enough worry that Finance Minister Pedro Malan felt compelled to spend time in Europe and Asia speaking to investors. He tried to convince them that should Lula da Silva win, Brazil would neither reverse economic liberalization nor default on its debt.

Please Log IN view this article.

Not yet a subscriber? For just $149/year, you can claim unlimited access to World Oil's content.*

Each subscription includes: 

  • Unlimited access to all content on WorldOil.com
  • Exclusive drilling forecast data, by state, country and region
  • State-by-state results from the survey of U.S. operators
  • Updated producing oil and gas well figures, by state
  • Exclusive access to World Oil's conference presentations
  • Proprietary data tables covering casing, tubing, drill bits and fluids
  • Exclusive World Oil maps (published three times per year)
  • Daily coverage of industry news and developments\
  • Industry whitepapers, webcasts, videos and supplements.

Start your subscription today! 



*Access will be granted the next business day.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.