Brazil Using Mature Oil Fields for Carbon Capture and Storage

Brazil is exploring the use of mature oil fields as underground storage sites for carbon capture, utilization, and storage (CCUS). By repurposing old geological reservoirs, the country aims to capture industrial CO2 emissions and store them permanently underground. This approach seeks to reduce the environmental impact of the energy sector while attracting new investments in geological monitoring and pipeline infrastructure. It represents a strategic shift to extend the utility of aging energy assets during the transition to lower carbon operations.