Petrobras Ready To Be Last Oil Producer Standing ...Middle East

Economy by : (OILPRICE) -
Petrobras could be the last man standing when it comes to crude oil production amid the energy transition, the state-run oil company’s CEO Jean Paul Prates said in an interview in Rio de Janeiro. “We will get market share,” Prates said, according to Bloomberg, referring to Brazil’s state-run oil company. The comments come with respect to the energy transition and whether there is cause for concern for an oil company such as Petrobras. But Prates isn’t worried. “We may be the last to produce oil in the world,”…

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