Brazil’s key role in stabilizing global oil supply in 2024 amid OPEC+ cuts
In its recent monthly report, the International Energy Agency (IEA) highlighted Brazil's potential role in balancing the worldwide oil supply...
August 11, 2023Topic
Brazilian Oil Production
Brazil: New oil discovery announced offshore
Brazil's national oil company, Petrobras, and its partners announced a new oil discovery in the northwest of the Sépia field,...
November 4, 2022
Petrobras’ oil and gas production falls 5.1% in the second quarter
The oil and natural gas production of Brazil's state-owned oil company Petrobras, the country's largest company, fell 5.1% in the...
July 22, 2022
Brazil’s Petrobras obtained in 2021 the highest net profit in its history
Petrobras, Brazil's largest oil company, obtained in 2021 a record net profit of US$19.9 billion, the highest in its history,...
February 24, 2022
Brazil: How Bolsonaro’s government’s successful strategy to attract investment is working out
Last month, Brazil's successful auction of deepwater oil reserves was hailed as a sign of big oil companies' appetite for...
January 4, 2022
The fight for oil money may grow among Brazilian States
Brazilian is not Nigeria, where the generation of oil wealth gives rise to an intricate web of federal conflicts that...
December 20, 2021