Brazil's Lula Pitches Petrobras-Pemex Partnership, Signals ...
21 Articles
21 Articles
Brazil's Lula pitches Petrobras-Pemex partnership, signals plan to buy back refinery
Brazil's President Luiz Inacio Lula da Silva proposed a partnership between Petrobras and Mexico's Pemex for oil exploration in the Gulf of Mexico. Petrobras has expertise in deepwater production. Lula also stated Petrobras will buy back a refinery in Bahia state. This refinery was sold in 2021. The repurchase is expected to take time.
Lula highlighted the benefits that cooperation between Brazil and Mexico could bring in exploring the Gulf, a step that could change the regional energy scenario.
The President of Brazil revealed that he proposed to Sheinbaum an alliance between Petrobras and Pemex to explore deposits in the Gulf of Mexico.
The president of Brazil, Lula da Silva, proposed to the Mexican president Claudia Sheinbaum an alliance between Petrobras-Pemex to explore oil in deep water in the Gulf of Mexico. “Pemex could receive a great help from Petrobras.” Lula da SilvaIn an announcement addressed to the media, Lula da Silva commented that he spoke directly to Claudia Sheinbaum to raise this cooperation that would allow working more than 2,500 meters deep. Lula's proposa…
Brazilian President Luiz Inácio Lula da Silva proposed to Mexico an alliance between Petrobras and Pemex to explore oil.
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