The Biggest Threat To Brazil's Oil Boom
Brazil’s oil industry has had a tremendous run, with state-owned Petrobras leading the charge, but upcoming elections could threaten the country’s offshore energy boom
Stay updated with breaking news from Buzios. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Brazil’s oil industry has had a tremendous run, with state-owned Petrobras leading the charge, but upcoming elections could threaten the country’s offshore energy boom
Petrobras has a capital budget of $68 billion between 2022 and 2026, with 84% for the E&P segment, primarily in pre-salt areas including Buzios, Tupi, Sepia, Atapu, Itapu, and Sururu etc.
In our June 2022 Short-Term Energy Outlook (STEO), we forecast that liquid fuels production in Brazil, Canada, and China will increase this year and next, contributing to growth in overall non-OPEC petroleum production. We forecast that petroleum production in the combined non-OPEC countries, excluding the Unites States and Russia, will increase by 3% (0.9 million ...
Energy Information Administration - EIA - Official Energy Statistics from the U.S. Government
The US Energy Information Administration (EIA) forecasts that liquid fuels production in Brazil, Canada, and China will increase this year and next, contributing to growth in overall non-OPEC petroleum production. According to EIA’s June 2022 Short-Term Energy Outlook (STEO), petroleum production in the combined non-OPEC countries, excluding the Unites States...