Tag: Brazil oil production

• Thursday, August 31st 2023 - 09:42 UTC

  Brazil's oil production hits record figures in July

  

  According to a document released Wednesday by Brazil's ANP oil agency, South America's largest country produced 4.482 million barrels of oil equivalent per day, Agencia Brasil reported. The amount was the highest in recorded history.

• Friday, September 28th 2018 - 08:47 UTC

  Oil majors to bid for Brazil's offshore potential despite electoral uncertainty

  

  Oil majors are set to gather in Rio de Janeiro this Friday to unveil bids for stakes in Brazil’s high potential offshore areas ahead of elections that are casting a cloud of uncertainty over the industry.

• Monday, August 14th 2017 - 12:02 UTC

  Brazil’s Pre-Salt Extraction Costs Fall To US$8 Per Barrel

  

  By Haley Zaremba from Oilprice - Not too long ago Brazilian state oil company Petrobras was the most indebted oil & gas company in the world. The long-suffering company has faced dire mismanagement while being weighed down by allegations of involvement in Brazil’s widespread corruption. But that’s all changing.