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Petrobras Digging for Culture

By Sarah Coursey, Editor

RIO DE JANEIRO - The Financial Times listed Petrobras as one of the world's 50 largest companies in 2007. From the modernist Rubik's cube headquarters in Rio's redeveloped downtown to petrol stations with the familiar yellow and green logo, the Brazilian oil monopoly's presence in Rio is ubiquitous.

The company's sheer financial size is staggering, worth US$15.3 billion in 2008, and currently employing nearly 75,000 people. There is a softer side to the petrol powerhouse though, since the 1980's Petrobras has been Brazil's largest sponsor of culture . . .

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