At oil prices of $45 or more, Brazil's plans to exploit the huge deep sea resources off its coast can be profitable, according to Jose Sergio Gabrielli de Azevedo, CEO of Brazilian oil company Petrobras.
He told IHS CERAWeek in Houston today that Petrobras anticipates nearly doubling its oil output by 2020, up 1.8 million barrels per day to...
Visit Clean Skies for the full story.
Posts
No comments:
Post a Comment