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Petrobras’ June oil production in Brazil up 1.7% exceeding 2M bpd; gas production reaches record

Green Car Congress

Petrobras’s June oil production in Brazil averaged 2,008 thousand barrels/day (bpd), up 1.7% Including the production operated by Petrobras for its partners in Brazil, the volume reached 2,135 thousand bpd, up 2.1% from May’s production of 1,975 thousand bpd. from last month’s production of 2,092 thousand bpd.

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Petrobras Oil Production up 6.3 % in Brazil in 2009

Green Car Congress

Petrobras’ average oil and natural gas production in Brazil in 2009 was 2,287,457 barrels of oil equivalent (boe), 5.1% Oil production only topped-out at the daily average of 1,970,811 barrels, a 6.3% increase over 2008, when the average was 1,854,655 barrels per day. less than 2008. more than a year ago.

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Petrobras says new Sapinhoá offshore Brazil field has 2.1B barrels of oil equivalent estimated recoverable

Green Car Congress

Petrobras says that a new field, to be called Sapinhoá, in the offshore Brazil Guará area has an estimated total recoverable volume of 2.1 billion barrels of oil equivalent (boe). The Declaration of Commerciality was issued following implementation of the Exploratory Evaluation Program, begun when the first well was drilled in 2008.

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Statoil to Sell 40% of Offshore Brazil Oil Field to Sinochem for $3B Cash

Green Car Congress

Statoil ASA has agreed to sell 40% of the Peregrino field offshore Brazil to China’s Sinochem Group. Sinochem Group will pay a total of US$3,070 million in cash for the 40% share of the Peregrino field, located 85 km offshore Brazil in the Campos basin at about 100 meters of water depth in BMC-7 and BMC-47. Map of the Peregrino field.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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Brazil Ready to Cooperate With Iran on Sugarcane Ethanol, Other Technology

Green Car Congress

Brazil is the world’s second largest producer of ethanol fuel and the world’s largest exporter. Together, Brazil and the United States lead the industrial production of ethanol fuel, accounting together for 89% of the world’s production in 2008.

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WRI: global oil consumption hits all-time high

Green Car Congress

between 2008 and 2009 due to the global financial crisis, global oil consumption recovered by 3.1% About one third of this growth came from China, which now uses more than 10% of the world’s oil. The United States, Brazil, Russia, and the Middle East accounted for an additional 48% of the increase. After falling 1.5%

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