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Brazil's oil reserves will last 50 years: Minister

Source: NewKerala

São Paulo : Brazil | 2 months ago

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Lob�o said that if that estimate is confirmed Brazil will become "an important crude exporter", although President Luiz Inacio Lula da Silva maintains that the country also plans to invest heavily in the petrochemical sector so it can sell oil derivatives and not just unrefined...

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News Stories

Petrobras finds oil as CEO sees ‘fantastic moment'

News Source: Houston Chronicle | 2 months ago

Petrobras found another deposit of oil and natural gas in Brazil's Santos Basin as Chief Executive Officer Jose Sergio Gabrielli sought to reassure international investors about the company's prospects. The discovery was made together with BG Group...
Brazil's oil reserves will last 50 years: Minister

News Source: NewKerala | 2 months ago

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Bg Group PLC, Repsol YPF SA and Petroleo Brasileiro SA announced an oil and gas discovery off the coast of Brazil as the partners expand exploration in the Santos Basin. The discovery was made after a fourth well, called Abare West, was drilled in...
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News Source: Globes Online | 2 months ago

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