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Poder360, USA, June 12, 2009

Number One
Petrobras surpasses Pemex as the biggest business in Latin America

The Brazilian oil producer Petrobras increased its sales 34.8% last year, reaching over $118 billion, according to a report released by Latin Business Chronicle. This makes the oil producer the biggest business in Latin America, relegating to second place Mexican oil producer Pemex, which increased its sales 16.7% in 2008, reaching $98.2 billion.




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