Shell Attains Break-even costs of $30-$35 per Barrel in Brazil

Royal Dutch Shell, Brazil's No. 2 oil producer, has attained break-even costs of $30-$35 per barrel in the South American country, its Brazil manager Andre Araujo said on Tuesday.


(Reporting by Alexandra Alper; Editing by Bernadette Baum)

Current News

Oil Rises on China Stimulus Hopes, US Inventory Drop

Oil Rises on China Stimulus Ho

Flare Gas Recovery Meets the Future

Flare Gas Recovery Meets the F

Pharos Energy Extends Licenses for Two Vietnamese Gas Fields

Pharos Energy Extends Licenses

Brazil Lifts Ban on Saipem's Business Units

Brazil Lifts Ban on Saipem's B

Subscribe for OE Digital E‑News

Offshore Engineer Magazine