Brazil holds oil auction just as climate summit comes to an end
Lula da Silva’s government praised the results of the COP28, while auctioning off 602 blocks and working to increase crude oil and gas production
At UN Climate talks, oil companies pledge to combat methane; Environmentalists call it ‘smokescreen’
AP|
Fifty oil companies representing nearly half of global production are pledging to reach near-zero methane emissions and end routine flaring in their operations by 2030
Petrobras: Brazil’s goose that lays the golden eggs turns 70
The petroleum company celebrates its seventh decade of existence with its sights set on the equatorial sea around the Amazon, as it tackles the energy transition and the shadow of corruption
Spain doubles crude purchases from Latin America to fill the Russian void
Brazil’s sales grow by a third, Mexico’s increase almost 50% and Colombia quadruples its shipments. Venezuela, Ecuador and Trinidad and Tobago went from not selling any last year to reaching the Spanish market