Petrobras Beats Oil Production Record

By Doug Gray, Senior Contributing Reporter

RIO DE JANEIRO – Brazil’s energy giant Petrobras announced last week record-breaking oil production levels for the month of April, before further good news for shareholders came with the announcement by the National Petroleum Agency (ANP) of major new oil discoveries off the coast of Rio De Janeiro drilled by the Rio-based company.

The world's eighth biggest company had a month to celebrate as April saw an average of 2 . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?