The name of that field, determined to hold 5 billion barrels of recoverable oil equivalent and formerly known as Tupi, was changed in honor of popular two-term President Luiz Inacio Lula da Silva ...
President Lula da Silva was on hand and was photographed with his hands covered in oil extracted from the Baleia Franca field, located 85 kilometres offshore. Lula da Silva held up a miniature oil ...