How a Brazilian oil company’s $4bn exploration plan for the Arctic has changed the world
With a population of about 10 million, Brazil has a rich fossil fuel resource.
It is also the world’s largest oil producer, producing almost 2m barrels per day (bpd) last year.
It will be the world next biggest oil producer if the country continues to add oil to its total.
Brazil’s oil companies are now drilling wells in the Arctic Ocean to study how it could export oil to other countries.
The companies are using a process called hydraulic fracturing, or fracking, which produces huge amounts of toxic chemicals and wastewater.
But the process is also being used to extract oil from a wide range of sources, including oil shale, which is deep in the earth.
And it is not the only oil-producing country using fracking.
China, for example, has been exploring the Arctic for years.
A decade ago, the country’s state oil company announced that it was exploring for oil in the Beaufort Sea in the far north of Canada.
The drilling plans were then followed up by two more exploratory wells and two wells near the north of China.
But after that the Chinese government stopped drilling in the area.
Today, China’s Ministry of Land, Infrastructure and Urban Development is trying to restart drilling in that part of the Arctic.
The Chinese government is also using fracking to extract some of its oil.
“The technology is here, the technology is ready and it’s working,” said Peter Houghton, director of the Centre for Energy and Environment at the University of Adelaide, Australia.
“I would like to think that the government will take advantage of it and we will see more exploration in the future.”
Oil from shale plays The drilling is happening in a different part of Canada, in the oil sands.
The industry is so successful that it is now operating in five provinces.
But it is the Arctic where the biggest oil-related jobs are being created, with the oil companies extracting oil from the vast deposits of oil shale in the region.
That is where the drilling has started in Canada.
“We have got about 30,000 barrels a day in the North Sea right now,” said Chris Anderson, the president of Canadian Energy Pipeline, which operates in the Atlantic.
“If you drill there, the shale plays are all going to be there.”
The oil from shale play is a huge part of what makes the North American continent so big, said Anderson.
“It’s a huge amount of energy.
It’s a very clean, clean energy.
And we have a lot of that right here in the United States.”
The industry has also been drilling in Canada’s vast Arctic region for decades.
But, for years, the US oil industry has been slow to respond to a growing demand for Canadian oil, said Hough, who has been studying the industry for more than 20 years.
In the 1970s and 1980s, the oil industry was booming, and oil prices were high.
But then oil prices crashed in 2008 and 2009, and the oil boom was over.
“Then the global recession hit, and that was when the global economy was in a very, very bad shape,” Hough said.
“That’s when the shale play came into play.” “
The shale play was a big part of why oil prices dropped so much in 2008. “
That’s when the shale play came into play.”
The shale play was a big part of why oil prices dropped so much in 2008.
The world has been drilling for oil shale ever since, but in 2008, when oil prices went up, the drilling industry was in crisis.
That crisis led to the 2008 Dodd-Frank financial reforms, which changed the way banks lend money.
As a result, banks became less risk-averse and could lend money to anyone, with little oversight.
It also opened up a new market for oil companies to make money.
With that boom in oil, the industry started drilling more and more shale plays in the US.
The boom in the shale oil industry caused the oil prices to drop again.
But by 2012, oil prices had recovered, and now oil companies were able to make a lot more money drilling in places where the fracking boom had failed.
The oil industry in the U.S. is now producing about 1.4m bpd, or roughly three times what it was before the shale boom, said Chris Cottam, a senior petroleum analyst at IHS, an energy research firm.
And while it is still producing some of that in the American shale oil plays, the U,S.
has also begun to export its oil to China, Russia and other countries in Asia.
“In terms of export, the North Dakota shale plays have certainly come through for North America,” said Cottamp. “There