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Oil and Gas

02/09/2016 at 17:36h

Brazilian oil, gas output a record

In July, 3.255 million barrels of oil equivalent per day were produced in the country, with extraction levels going up for both commodities.

30/08/2016 at 13:40h

Petrobras broadens agreement with Statoil

The Brazilian oil company and its Norwegian counterpart entered into a deal to expand a partnership for bidding in tenders for oil and gas exploration blocks, and technological development.

17/08/2016 at 15:15h

Abreu e Lima refinery output a record

The facility in Pernambuco, Brazil put out over 3 million barrels of oil in July. Diesel and petroleum naphtha production also hit all-time highs.

02/08/2016 at 17:10h

Oil and gas output reaches new high

Brazil produced 3.21 million barrels of oil equivalent per day in June, with 2.558 million of oil barrels and 103.5 million of cubic meters of natural gas.

29/07/2016 at 14:08h

Petrobras sells pre-salt block to Statoil

The Brazilian state-run oil company is handing over its 66% stake in the block known as Carcará for USD 2.5 billion.

11/07/2016 at 13:01h

Petrobras oil output a record

The company produced 2.9 million barrels of oil equivalent in June. Its previous all-time high had been in August of last year.

05/07/2016 at 14:57h

Oil and gas production goes up

Brazil produced more than 3.1 million barrels of oil equivalent per day in May. Extraction in the pre-salt layer went up 15% and reached 1.15 million barrels a day.

08/06/2016 at 14:52h

Petrobras output increased in May

Output was 2.83 million barrels on average, an increase of 5% over April and of 2% in comparison to May of last year.

03/06/2016 at 18:08h

Pre-salt output a record

On May 8, the Brazilian state-run oil company Petrobras surpassed 1 million oil barrels of oil equivalent (oil and natural gas) per day extracted in the pre-salt layer.

24/05/2016 at 18:51h

Sonatrach to invest USD 73 billion by 2020

Acessar notícia

Algeria’s state-run oil company plans to increase production despite slumping oil prices.

10/05/2016 at 18:55h

Arabs need to enhance private investment

The advice comes from the International Monetary Fund to the Arab countries. According to the fund, the need is urgent due to oil’s low prices.

06/05/2016 at 18:30h

Algeria will increase fuel production in 50%

Acessar notícia

Currently, the country produces 30 million tons of oil by-products per year, but with new refineries going into operation, the expectation is to reach 45 million tons in 2024.