South America could deliver an additional 2.1 million barrels of daily oil supplies by 2035 with crude prices around $100, Rystad Energy wrote in note on Monday.
South America could deliver an additional 2.1 million barrels of daily oil supplies by 2035 with crude prices around $100, Rystad Energy wrote in note on Monday.
Trucks near oil storage tanks at the Petroleo Brasileiro SA (Petrobras) Paulinia Replan Refinery in Paulinia, Sao Paulo state, Brazil, on Wednesday, March 4, 2026. Petrobras' fourth quarter results are expected to get a boost from production levels, which remained in line with the records seen in the third quarter, analysts say.
The sale of a controlling stake in Brazilian petrochemicals producer Braskem SA moved forward another step after troubled conglomerate Novonor signed an agreement to sell its shares to a fund backed by asset manager IG4 Capital.
The sale of a controlling stake in Brazilian petrochemicals producer Braskem SA moved forward another step after troubled conglomerate Novonor signed an agreement to sell its shares to a fund backed by asset manager IG4 Capital.
The entrance of the Braskem petrochemical plant in Duque de Caxias, Brazil.
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