Petrobras has put the finishing touches on the first wave of development at the massive offshore Brazil Lula Field, pumping first oil from the latest floating production unit to be installed at the country's largest oil and natural gas producer, the company announced on Friday. Read full article
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REF: Brazil targets 7.5m bpd in a decadeFeb 02nd, 2019 - 11:51 am - Link - Report abuse 0
By the end of this decade, the commercial use of the Fossil Fuels may be far lesser; due to the extensive applications of the non-polluting, sustainable & cheaper alternative energy sources. This may seriously affect the profitability, which as such is already very low nowadays.