French major attributes downstream uptick to restructuring and market conditions.
Central America and the Caribbean rely heavily on oil-based liquid fuels for electric power generation. BNamericas spoke to IDB Energy Division Chief Ariel Yépez about how and why both regions should shift towards natural gas as a cleaner, economically attractive fuel source to produce electricity.
According to Wood Mackenzie senior consultant Eric Eyberg, higher participation from international firms would help Petrobras avoid project delays.
The state oil firm's debts increased 6.4% from end-2013.
The leak occurred at a pipeline linking the platforms in the Camorim field, about 16km from the city of Aracajú in Brazil's northeast.