Brazil announces 10% increase in oil production to stabilize prices
Brazil will increase its oil production by 10% to help stabilize the international oil market. This was announced by the...
March 23, 2022Topic
Oil Industry
Brazilian oil and gas industry expects up to 50,000 new jobs could be created next year
The Brazilian oil and gas industry projects that the sector could create up to 50,000 new jobs by 2022, driven...
December 29, 2021
Brazil became 4th largest oil exporter to China in 2020 – WTO
Brazil became the fourth largest oil supplier to China in 2020, behind only Saudi Arabia, Russia, and Iraq.
October 21, 2021
Brazil sets record in oil royalty revenue in first half 2021 – survey
Brazil has reached record revenue from royalties and participation in oil and natural gas production in 2021 due to the...
October 18, 2021
Ecuador wants to produce more oil in its Amazon region to balance its books
Ecuador's President Guillermo Lasso arrived at the Carondelet Palace with plans to double current barrel production in the Amazon
September 23, 2021
Brazil will be world’s fifth largest oil exporter in 2030 – Energy Minister
Brazil, which only began exporting more oil than it imported in 2019, will become the world's fifth-largest exporter of crude...
July 8, 2021
Exclusive: Brazil’s 3R, Global bid for Petrobras refinery and oilfields – sources
Consortia led by Brazil’s 3R Petroleum Oleo e Gas SA and private equity firm Seacrest Capital have submitted binding offers...
June 22, 2021
Brazil’s oil giant Petrobras plans to drill off the Amazon river mouth in 2022
The Brazilian oil company Petrobras plans to start drilling oil wells next year in the controversial concessions it was awarded...
May 14, 2021
Brazil’s Petrobras Defends Invitation of Over 30 Foreign Companies
According to the oil giant, Brazil’s largest engineering companies are barred from bidding on petrochemical complex due to involvement in...
January 24, 2017