Heavy Oil Investing News » Petrobras CEO Says Tupi Oil ‘Viable’ at Current Price

Petrobras CEO Says Tupi Oil 'Viable' at Current Price

January 7, 2009 @ 7:17 am In Heavy Oil Company News

Petroleo Brasileiro SA, Brazil's state-controlled oil company, said the offshore pre-salt oil fields, including Tupi, the largest discovery in the Americas since 1976, remain viable even after crude prices plunged.

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