Brazil

[Brazil] - Petrobras records 3.1% boost in oil production in the very first half of 2023

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In the first half of 2023, Brazil's Petrobras revealed a 3.1% growth in its oil and natural gas production, averaging at 3.71 million barrels per day (mbpd), compared to the same period in 2022.The company's Q2 average daily production rose to 3.69 mbpd, a 3.9% increase from 2022, albeit a 1.4% decrease from Q1 2023.The figures cover Petrobras' hydrocarbon production domestically and internationally, including areas where it is the operator in partnership with other firms.The surge in production was primarily due to pre-salt oil and gas extraction, which set ..To read the full NEWS and much more, Subscribe to our Premium Membership Plan.
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Category: Brazil