Unless upstream spending on conventional E&P recovers, another boom-and-bust cycle is imminent, the International Energy Agency said Wednesday in a report.
The project will increase Ocensa capacity by 135,000b/d.
The agreement aims to support commercialization and distribution of value-added products.
PetroRio is a Brazilian independent oil producer, best known for the Polvo field in the Campos basin. In this interview, the company's director of corporate projects explains how the company was able to reduce the field's operating costs.
One of the sectors that could be most impacted by the Republican's victory is energy.