Russia remains China’s top oil supplier at the expense of Angola and Brazil
Russia held its spot as China’s top oil supplier for a third month in July as independent refiners stepped up...
August 26, 2022Topic
Oil Industry
If Rio de Janeiro were a country, it would be the tenth largest oil producer in the world
Rio's experience in providing goods, services, and equipment to the offshore oil industry and the lower carbon footprint of Rio's...
August 11, 2022
Guyana is expected to earn US$7.5 billion annually through several oil projects in Stabroek Block
By the year 2030, Guyana is expected to earn approximately US$7.5 billion annu
July 24, 2022
Bolsonaro dismisses Petrobras president after 40 days in office
The Brazilian government announced Monday the replacement of José Mauro Ferreira Coelho, who held the presidency of state oil company
May 24, 2022
Brazil’s Bolsonaro fires Minister Bento Albuquerque over high diesel prices
After challenging the Brazilian president with another diesel price hike, the bosses of state-owned Petrobras are now getting a short...
May 11, 2022
Petrobras has the highest profit among major oil companies while Brazil’s population is impoverished
Brazil's state-owned company Petrobras, one of the largest oil companies in Latin America, posted a profit of US$8.6 billion
May 9, 2022
Brazil oil production up 2.2% in March from previous month
Brazil produced 2.981 MMbbl/d (million barrels per day) of oil in March, up 2.2% from the previous month and 4.8%...
May 4, 2022
State-owned oilgiant Petrobras at crossroads in Brazil’s election year
Latin America's leading oil company, Petrobras, is at a crossroads.
April 11, 2022
Brazil appoints Marcio Weber as new Petrobras president after power vacuum
Brazil's Energy Ministry has named Marcio Andrade Weber as the new president of Petrobras, following a week-long power vacuum
April 7, 2022