Petrobras To Gear Up For "Unavoidable" Energy Transition ...Middle East

OILPRICE - Economy
Petrobras To Gear Up For Unavoidable Energy Transition
source : OILPRICE ( Middle East ) () 88
Petrobras' CEO Jean Paul Prates declared on Thursday that Brazil's state-run oil company must be ready for what he referred to as the "unavoidable" energy transition, adding that Petrobras wants to be a significant part of the transition process. As the South American nation looks to expand its offshore wind farms, Prates emphasized in a conference call with investors that Petroleo Brasileiro SA's deepwater activities situated the firm in an excellent position to take part in wind power generation. But Petrobras isn't giving up on oil and gas.…

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