Prio, a leading Brazilian oil and gas company, achieved remarkable production figures in September 2024. The company reported an average output of 71,400 barrels of oil equivalent per day (boed). This impressive performance came despite several operational hurdles faced during the month. The Campo de Frade field contributed significantly to Prio’s production, yielding 35,200 boed. […]
Related Posts
Brazil’s Corn Production Set to Surpass Expectations
Brazil’s 2023–2024 second corn crop forecast has been revised upwards to 91.2 million tons by AgRural, hinting at a potential surplus despite not reaching last season’s record. Initially pegged at 86.3 million tons in December, a positive adjustment in the planting area has brightened the outlook. AgRural now estimates the “safrinha” corn’s planted area at […]
Ecuador’s Key Legal Reform Vote on April 21
On April 21, Ecuador will hold a landmark referendum, initiated by President Daniel Noboa, to address urgent legal reforms in security, justice, and employment. The National Electoral Council (CNE) confirms Ecuador’s commitment to reforming legal frameworks in response to growing security and organized crime threats. Voters will answer six questions to empower the military in […]
Ibovespa’s Cautious Response to Global Financial Dynamics
Brazil’s primary stock index, the Ibovespa at B3, experienced a modest decrease of 0.36% on Monday, January 29. This decline reflects the broad global market trends currently in play. Investors are particularly focused on the Federal Reserve’s upcoming interest rate and inflation policy decisions. There’s also keen interest in the latest industrial production and job […]