Premium Content
Why Petrobras Is One Of 2021’s Most Exciting Oil Companies By Matthew Smith - Jan 12, 2021, 4:00 PM CST
Sharply weaker oil prices and the global COIVD-19 pandemic had little material impact on Brazil’s massive offshore oil boom. Even the fact that the oil rich Latin American country is among the countries most severely impacted by the pandemic, with Brazil ranked second for cumulative deaths and third by cases globally, has done little to impede its rapidly growing oil production. Brazil’s national oil company Petrobras last week announced record 2020 hydrocarbon production. Oil output hit a new record of 2.28 million barrels daily while total hydrocarbon output reached a record 2.84 million barrels of oil equivalent per day. Those solid numbers represent an impressive 5% and 2.5% year over year increase, respectively. Petrobras’ focus on developing its pre-salt oil assets was responsible for this impressive growth. During 2020 Brazil’s nationa
about rules of engagement and how it affects what? gretchen, that night when aaron and the 29 other americans died, they came in to that zone with no pre-salt preassault fire. let me explain. in every cop movie what do policemen scream when he goes into a hot zone? cover me. they weren t allowed that benefit and i want to know why. they say in our documentation preassault fire, one in a million chance you get a chance for that. we asked them why and they said it damages the hearts and minds of the afghani. that is not acceptable. we were told along those same things, rules of engagement, we were told by people in the field that you have to basically be shot at twice in many instances before you are allowed to return fire. this is insanity. we don t deserve this as