Company reported a production of 3 million barrels of oil and gas per day, a record high.
Browsing: petrobras
Brazilian state-owned company will focus its efforts in gas and oil exploration and production, said the company’s president Roberto Castello Branco.
Brazil’s state-run oil company entered into an agreement with the Brazilian Navy to carry out scientific investigations along the coast and in the Antarctic.
Oil extraction averaged 2.5 million bpd during the month, down 6.4% from May and 1.3% from June 2018.
Net profit soared to an all-time high for Brazil’s state-run oil company, at BRL 18.9 billion.
Corporations run by federal government ran USD 6.5 billion in profit in Q1. BNDES saw the strongest numbers.
Oil company approved the sale of 30% of the subsidiary’s capital stock.
