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Tag: petroleum production

By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – Despite continuing to set records for oil production in the past few months, net profits for Brazil’s giant oil conglomerate, Petrobras, plunged 25 percent, to R$10.3 billion in the first...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – Oil production in Brazil set a record in June, totaling 2.79 million barrels of BOE (barrel of oil equivalent), according to data from the ANP (National Petroleum Agency). The...
By Maria Lopez Conde, Senior Contributing ReporterSÃO PAULO, BRAZIL – Shares of Brazil’s state-controlled oil giant Petrobras fell to a nearly eight-year low last week amid weak earnings. Petrobras’ shares slipped 6.11 percent on Friday, July 5th, closing at...

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