Tag: PETROBRAS

Petrobras: Output falls 8.2% in 3Q

Petrobras’ oil production dropped 8.2% year-over-year in the third quarter to 2.13 million barrels per day (bpd), reported the company

Petrobras brings forward the operation of new offshore platform

Petrobras announced the early operation of a new offshore platform with the capacity to extract up to 100,000 barrels of oil per day (bpd) and 5 million cubic meters of natural gas

Petrobras will invest in the decarbonization technology HISEP

Brazilian state-owned oil company Petrobras and its partners will invest around $1.5 billion to implement decarbonization technology in one of its fields, informed the company’s CEO

Exxon sees ‘great opportunity’ for lower-emission oil output in Brazil

Exxon Mobil Corp sees its investments in Brazil’s offshore helping the company achieve a goal of lowering carbon emissions in its oil and gas production, country head Juan Lessmann said

Brazil oil production up 4.6% in April, ANP says

Oil production in Brazil rose 4.6% in April from March, figures from the ANP national oil regulator showed, the second monthly rise in a row, led by rising output from Petrobras and Royal Dutch Shell

Petrobras books steep loss amid ‘worst crisis in 100 years’

Brazil’s state-run oil company reported a steep net loss for the first quarter of the year and warned more heavy losses were on the horizon because of the coronavirus pandemic