Back in 2019, Brazil produced over 1 billion barrels of crude oil. It was the first time the national total had broken the billion-barrel mark, and more than half of that was pumped from the presalt zone offshore Brazil.
Five years later, supermajors .
The trial of Swedish climate campaigner Greta Thunberg and four others for refusing to end an oil protest outside a London industry summit last year began on Thursday
Argentina’s newly elected president, Libertarian Javier Milei, has been forced to make concessions in his radical market reform package, shelving plans to privatize state-run oil company YPF SA
Venezuela's oil production increased to an average of 783,000 barrels per day in 2023, marking a 9.3% rise from 2022, driven by resumed operations and international partnerships.