LBC Daily September 18, 2014

Brazil’s Libra oil field to cost $80 billion to develop Developing Brazil’s Libra oil field, the largest in the country, will cost $80 billion, according to French oil major Total. Libra, the first of Brazil’s pre-salt fields to have been auctioned off, holds reserves estimated at between 8 to 12 billion barrels of recoverable crude, […]