Petrobras approved the production of 2.07 million barrels per day of oil in Brazil for the month of April. The estimated monthly production value already includes the previously announced reductions, which anticipated cuts totaling 200 thousand bopd.
Check Out Other News:
- Petro-Victory Announces Oil Discovery in the Espírito Santo Basin
- Professor from Fundação Getúlio Vargas States that Home Office Should Grow by 30% After Pandemic
- More than 9,000 Job Openings for São Paulo, Rio de Janeiro, Paraná, Bahia, and Santa Catarina on April 7
In a statement, the company said it is and will continue to monitor the market and that if necessary, the company will make new adjustments, always ensuring safety conditions for people, operations, and processes.
-
Farmer drills well in Ceará in search of water, accidentally finds crude oil and sees million-dollar discovery hindered by a rule that completely changes the future of the site.
-
Family finds oil on a 49-hectare site in Ceará, but exploration has no timeline or guarantee of happening
-
When drilling an artesian well, a farmer wanted water but found oil: ANP confirms that the dark liquid found by a farmer on a site in Ceará is crude oil.
-
European stocks rise with oil drop after Trump’s remarks on Iran as investors monitor global tension
“In this way, there will be daily monitoring of the production projection, increasing or decreasing restrictions to ensure the average production volume of 2.07 million bpd in April,” the company explained in a statement released today (4/7).
The new production value adopted by Petrobras will represent a decrease of 3.2% compared to the volume extracted – as a consortium – in February, which was 2.139 million barrels of oil per day, according to data from the National Agency of Petroleum, Natural Gas and Biofuels (ANP).
Last year, Petrobras extracted an average of 2.172 million barrels per day. For this year, the original target was 2.2 million bopd. The company has not yet released its production figures for March.

Be the first to react!