Brazil Woos Oil Majors With Low-Carbon Crude Projects ...Middle East

Brazil is hoping to attract oil majors to new deepwater projects that would employ low-carbon extraction technology, Reuters has reported, citing country officials. According to unnamed sources, Exxon, TotalEnergies, BP, and Chevron were among the targets for potential talks about the development of the new fields, to be auctioned this December. “Projects that produce less CO2 will be the last ones to go” offline, the head of exploration and production at Petrobras, Fernando Borges, told Reuters at the Offshore Technology Conference…

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