Petrobras CEO says the company can handle lower oil prices under Trump, relying on China and India. Despite U.S. drilling pushes and tariff risks, its strategy remains strong even below $75 a barrel.Petrobras CEO says its plan is resilient to $65 oil and expects prices to stay above that as U.S. shale needs support.
She predicts crude will trade between $70-$75 under Trump, though Petrobras based its strategy on $83 Brent.Petrobras CEO isn’t worried about China’s demand and says Trump’s impact on supply is unclear.
Brazil plans to boost output by 400,000 barrels daily, targeting BRICS partners. Petrobras is eyeing India’s new deepwater exploration opportunities.Petrobras’ key post-2030 growth plan in Brazil focuses on the Equatorial Margin, aiming to drill in the Foz do Amazonas basin, a region geologically similar to oil-rich Guyana.
Chambriard expects a drilling license this year after meeting Ibama’s requirements. President Lula supports exploration there.”We’re well prepared, with an unprecedented amount of equipment in the Amazon delta to prevent leaks,” she said.
