1.758 Million Barrels of Oil a Day. A New Record for Brazil’s Petrobras.

Brazil’s oil company Petrobras ended the month of February with an average daily petroleum production of 1.758 million barrels, a new monthly production record, 3 thousand barrels more than the previous record, which was set in June, 2005.

According to a note released by the Brazilian state-run enterprise, the new record exceeds last year’s daily average of 1.684 million barrels by 4.4% and is 15% superior to the average for February, 2005.

This performance is attributed to the "high operational efficiency" of the platforms located in the Campos Basin, off the coast of the states of Rio de Janeiro and Espí­rito Santo.

The Campos Basin is the country’s largest petroleum region. Its daily production amounted to 1.47 million barrels last month, nearly 85% of total domestic production.

ABr

Tags:

You May Also Like

Brazilian Bishops and Pastors Call Lula’s Land Reform a Work of Fiction

Brazilian Catholic Bishop Don Tomás BalduÀ­no, president of the Land Pastoral Commission (CPT), expressed ...

US’s Heavy Hand Behind Brazil’s Military Coup

On March 31, 1964, just declassified documents show, the American ambassador to Brazil received ...

Jobs Report in US Lifts Brazilian Market

Brazilian and Latin American equities rose, as investors reacted positively to the U.S. jobs ...

China Buys 5 Jets from Brazil’s Embraer

Harbin Embraer, a joint venture between Embraer (Empresa Brasileira de Aeronáutica S.A.) and AVIC ...

A First in Mexico: AeroMexico Flies Brazilian Embraer E-Jets

The Brazilian-made Embraer 190 jet will fly for the first time with a Mexican ...

Lula Throws Hat in Brazilian Reelection Ring With 3 to 1 Poll Advantage

Brazilian President Luiz Inácio Lula da Silva announced Saturday in Brazil’s capital BrasÀ­lia his ...

Only 14% of Brazilian Women Hold Executive Positions

In Brazil, women stay in school longer and are financially responsible for an increasing ...

Arab Summit in Brazil Condemns, But Doesn’t Define Terror

Heads of state and other officials from 34 nations met this week for the ...

Brazil Post Office’s Month-Long Strike Ends After Court’s Intervention

After 28 days of strike, it will take between seven and ten days for ...

Piranha: Deadly and Delicious

Larry M. Lynchby: Terry Caesar They had it even before we knew what was ...