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In 2007 and 2008, Petrobras made several major oil discoveries including the Tupi oil field (formerly known as the Lula oil field), the Jupiter field, and the Sugar Loaf field, all in the Santos Basin, 300 km off the coast of Rio de Janeiro. The oil fields were discovered by partnerships that include Petrobras, Royal Dutch Shell, and Galp ...
Pemex is Latin America's second-largest company measured by revenues, according to a ranking of the region's 500 largest companies by Latin Business Chronicle, behind Brazilian oil company Petrobras. In June 2009, Pemex has asked for an extra $1.5 billion state aid to finance oil fields investments, reported Bloomberg.
The only global oil producer is Petrobras, with an output of more than 2 million barrels (320,000 m 3) of oil equivalent per day. It is also a major distributor of oil products, and owns oil refineries and oil tankers. [16] In 2006, Brazil had 11.2 billion barrels (1.78 × 10 9 m 3) the second-largest proven oil reserves in South America after ...
Petrobras had agreed in July to enter into exclusive talks with Ouro Preto Oleo e Gas, a Brazilian energy company backed by private equity firm EIG Global Energy Partners, to sell its Pampo and ...
It owns approximately 500 filling stations in Canada as well as property and/or mineral rights to some 6.67 million acres (27,000 km 2) in Western Canada. [citation needed] Husky's oil production was exactly the same in 2011 as it was in 2003 (312,500 boe/d). [29]
The head of Brazil’s state-controlled oil and gas giant Petrobras has stepped down, the company said Wednesday, following months of tensions with the federal government. Petrobras opted not to ...
Total revenue of oil and gas companies is listed in billions of U.S. dollars. Total revenue is usually self-reported by the company, and often reported by neutral, unbiased, reliable publications. Reported data may be subsequently revised or restated due to a wide range of issues such as exchange rates, contract settlements, or mid-year ...
In a curt public statement on Feb. 19, Bolsonaro canned the head of state-run oil firm Petrobras, who had infuriated the president by raising fuel prices. Bolsonaro then named a retired Army ...