“It’s funny, a few years ago, everybody loved Brazil,” said Roger Tissot, a veteran consultant on Latin America energy. “And now it seems the love is gone.” Brazil once saw itself as an up-and-coming oil power that would help meet the world’s demand, but it now faces a hard reality and might have to scale back its pretensions, former energy officials, oil executives and advisers say. The country’s deep-sea bonanza has suddenly become less alluring to big, rich oil companies that had been excited about Brazil. Other promising prospects around the world have emerged instead, from fields in Africa to the shale deposits unlocked by hydraulic fracking in the United States to the tar sands of Canada. “These companies have the financial muscle and engineering capacity and technologies to move around the world,” said Ramon Espinasa, an oil specialist at the Inter-American Development Bank in Washington. “They are able […]