If an energy transition is underway around the world, it hasn’t reached the streets of Ilha da Conceicao, the working-class district at the heart of Rio de Janeiro’s oil revival.
There, buses and trucks are piling into Baker Hughes Co.’s shipyard, where the energy services giant is churning out hundreds of kilometers of oil and gas piping. One street over, Exxon Mobil Corp. is loading supplies to explore the country's biggest offshore oil fields. Royal Dutch Shell Plc and TotalEnergies SE have similar plans for later this year.
"Oil" - Google News
July 26, 2021 at 05:00PM
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Oil Giants Hunt for That One Last Big Hit Along Coast of Brazil - Bloomberg
"Oil" - Google News
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