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Tag Results for "Oil Output"

Brazil’s Petrobras Looking to Boost Daily Oil Output to 3.4 Million Barrels by 2017

Brazilian state-controlled oil company Petrobras, which is striving to boost daily domestic crude and natural gas output to 3.4 million barrels of oil equivalent per day by 2017, said it plans to earmark 62 percent of its investments over the next five years to exploration and production. continue reading »

Colombia’s Ecopetrol to Invest $9.5 Billion in 2013

Colombian state oil company Ecopetrol announced plans to invest more than $9.5 billion in 2013 as it strives to boost output to 1 million barrels per day by 2015. continue reading »

Oil Production in Ecuador Over 500,000 Barrels Per Day

Crude production in Ecuador rose in July to 508,000 barrels per day, its highest level since February 2011, the Central Bank said. continue reading »