Brazil oil production increase May 3.9%
Brazil's oil and gas production hit 4.234 million boe/d in May, with pre-salt production accounting for 78.3%. Major increase reported.
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Brazil's oil and gas production hit 4.234 million boe/d in May, with pre-salt production accounting for 78.3%. Major increase reported.
Shell's CEO in Argentina, Ricardo Rodriguez, stated at an oil conference that macroeconomic pressures are discouraging the company from investing more in Vaca Muerta.