British energy company BP said it wanted to expand its level of cooperation with an oil company in Brazil, one of the largest producers outside of OPEC. BP signed a broad-based memorandum of understanding with Petróleo Brasileiro, known commonly as Petrobras. “Petrobras is a world-class energy company with which BP has built strong relationships over many years,” BP CEO Bob Dudley said in a statement.  “We are now excited to deepen our partnership and explore even more opportunities together across all our businesses — in the upstream, downstream, trading and low carbon — both in Brazil and beyond.” Energy majors have been flocking to offshore Brazil already this year. After the government put nearly 50 licenses for offshore work in the auction block last week, German […]