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Tag: negatively impacted by production during the year and positively impacted by additional reserves from new development projects

RIO DE JANEIRO, BRAZIL - Brazil's proven reserves (1P) of oil fell 6.7% in 2020, compared to 2019. According to data from the National Agency of Petroleum, Natural Gas and Biofuels (ANP), 11.89 billion barrels were declared last year. The...

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