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  • Essay / Petrobras Case Study - 1259

    He allowed Shenergy Ltd to insist on delivering the remaining reserves (not yet committed) to investors and construction and oil and gas project companies representing foreign interests, with revenues still weaker for the country. It should be noted that businesses need to attract new businesses and investors in the oil and natural gas sector in the areas of shipbuilding and assembly, goods supply chain and service providers, promoting employment and income generation in the state. It was also noted that the main challenge for Chinese energy companies, according to investors, is domestic oil, which is relatively expensive to produce at a time when global production remains high. These companies' business models are extremely profitable at current oil prices, and even lower prices.