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The sharp depreciation in Brazil's currency isn't swaying investment decisions at GE, the head...

The sharp depreciation in Brazil's currency isn't swaying investment decisions at GE, the head of its oil and natural gas division says. GE is expanding its operations in Brazil; today, GE said it completed an expansion of its service and subsea systems facilities at the primary base of operations for offshore oil production in the Campos Basin, which produces more than 85% of Brazil's crude oil output.
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  • maudie
    , contributor
    Comments (482) | Send Message
     
    does anyone have data on how much GE oil and ng div contributes to bottom line vs green solar and wind? Maybe it's time for GE to lead the world and just dump dirty oil? Think of the goodwill it would generate and all the other companies that would follow their lead.
    12 Jun 2012, 08:44 AM Reply Like
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