Petrobras records 3.1% increase in oil production in the first half of 2023

Oil prices fell on Monday as investors weighed multiple factors affecting the global market. The commodity fluctuated throughout the trading session, reflecting concerns about China’s economic slowdown and worldwide economic deceleration. Traders closely monitored the escalating conflict between Israel and Hezbollah, which heightened tensions in the Middle East. The market also anticipated a potential increase […]

On April 2nd, São Paulo became the center stage for LAAD Security & Defense 2024, the leading event for Latin America’s security and defense industry professionals. The opening ceremony, graced by military and civil dignitaries including Army General Guido Amin Naves and representatives from 35 countries, marked the event’s significance. The exhibition showcases global companies […]

In the third quarter of 2024, Petrobras, Brazil’s state-owned oil giant, reported a total production of 2.689 million barrels of oil equivalent per day (boed). This figure remains consistent with both the previous quarter and the same period in 2023. The company’s performance reflects its ability to navigate the complex energy market. Petrobras achieved a […]