Brazil’s oil output grows by 7.8 pct in 2019
RIO DE JANEIRO, June 30 (Xinhua) — Brazil’s oil output grew by 7.8 percent in 2019 compared with the year before, averaging 2.8 million barrels a day, the state-run National Agency of Petroleum, Natural Gas and Biofuels (ANP) said Tuesday.
The increase was mainly driven by deep-sea oil drilling in the Atlantic Ocean pre-salt deposits, where Brazil has giant reserves which are just beginning to be exploited.
Via Xinhua News