Tag: oil

Brazil Discovers Huge Oil Field and May Become Major Oil Exporter

Petrobras, Brazil's state-controlled oil company, announced Thursday, November 8, that it has discovered as ...

Brazil’s Petrobras to Invest US$ 15 Billion. Most Goes to US

Brazil government managed oil corporation Petrobras announced international investments totaling US$ 15 billion US ...

Big Oil in Brazil Opposes Rio Threat to End Tax Exemption

An initiative by Rio de Janeiro state government to withdraw from Brazil's nation-wide treaty ...

Brazil’s Petrobras Invests US$ 112 Bi to Be Among World’s Top Five in Energy

Brazil's government-controlled oil company Petrobras announced plans to invest 112 billion US dollars in ...

New Wells Give Petrobras an 8.6% Oil Production Boost

The Brazilian state-controlled oil company Petrobras recorded an average daily oil production of 1,827,392 ...

Brazil's Petrobras

Brazil to Increase Oil Production by 5% This Year

Oil production in Brazil should grow by 5.3% this year to reach a daily ...

Petrobras's probe ship off the coast of Brazil

Light Oil Discovery in Brazil Opens Windows of Opportunity

Tests carried out by Petrobras through vertical well 1-RJS-628A drilled at 2,140 meters (7,021 ...

Ten-Story High Floating Platform Goes in Service off Brazil’s Coast

Brazil's government managed hydrocarbons corporation Petrobras began yesterday oil and gas extraction from the ...

Exports Help Brazil’s Petrobras Reach New Record High

Petrobras, the state-controlled Brazilian oil company, hit a record high oil processing level in ...

Brazilian Invention Lowers Price of Pumped Oil

A new device capable of simultaneously injecting steam and extracting petroleum from wells and ...