Tag: PETROBRAS

Petrobras: Oil and gas production grows 17.3%

Petrobras produced an average of 4.54 million barrels of oil and gas equivalent per day in the third quarter of 2025, 17.3% more than in the same period last year, the company reported

Brazil authorizes oil exploration off the Amazon

Brazil has authorized controversial offshore oil exploration near the Amazon, less than a month before it hosts the U.N. climate summit (COP30), where it aims to present itself as a leader in environmental preservation

Petrobras imports natural gas from Vaca Muerta for the first time

In total, 100,000 cubic meters of natural gas entered Brazil via pipelines passing through Bolivia, to test the “commercial and operational framework” of the agreement

Brazil surpasses 5 million barrels per day of oil, gas output

Brazil, the world’s eighth-largest hydrocarbon producer, exceeded the 5 million barrels per day mark of combined oil and natural gas output for the first time in July, the National Petroleum Agency (ANP) reported

Petrobras, Chevron win blocks in Foz do Amazonas auction

A consortium led by Brazil’s state-run oil company Petrobras, which includes ExxonMobil, was awarded five blocks in the controversial Foz do Amazonas basin during an auction held by the national energy regulator ANP

Petrobras gets a win in Amazon drilling push 

The Brazilian government reported that the state-run oil company Petrobras has met one of the environmental requirements set by authorities to explore potential oil reserves near the mouth of the Amazon River

Petrobras announces new deepwater discovery

Brazilian oil company Petrobras announced that it has discovered “high-quality” oil in the ultra-deep waters of the Santos Basin, in the Atlantic Ocean

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