State oil firm’s scandal scrambles Brazil’s offshore dreams

Black Friday Sale! Extra 20% off with code BLKFRI! Valid 11/23-11/27

FILE - In this Oct. 28, 2010 file photo, a view of the Petrobras offshore ship platform FPSO Cidade de Angra dos Reis on the day the first oil sample was taken from the pre-salt layer of Tupi field in Santos Bay off the coast of Rio de Janeiro, Brazil. Oil was to have been Brazil’s “passport to the future,” but the grand dreams tied to state company Petrobras have been brought to a screeching halt not only by falling crude prices, but an expanding investigation into a kickback scandal. (AP Photo/Felipe Dana, File)RIO DE JANEIRO (AP) — Oil was to have been Brazil’s “passport to the future,” but the grand dreams tied to state company Petrobras have been brought to a screeching halt not only by falling crude prices, but by a crisis of its own making.