Brazils Oil Output Climbs in February 2025 as Pre-Salt Reserves Offset Petrobras Decline

Brazil’s oil production rose to 3.488 million barrels per day in February 2025, a 1.2% annual increase, despite Petrobras’s output dropping 2.7% to 2.14 million bpd, according to the National Agency of Petroleum (ANP). The growth reflects a strategic shift as smaller operators and international partners fill gaps left by the state giant’s retreat from […]

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