Brazil’s oil production rises 4.6% in April vs. March; Petrobras is up 4.4%

(Reuters) Oil production in Brazil up 4.6% in April compared to the previous month, to 2.97 million barrels per day (bpd), in the second consecutive monthly increase, data from the National Agency of Petroleum, Natural Gas and Biofuels pointed out. (ANP), with advances from Petrobras and Shell.

In comparison with April 2020, there was an increase of 0.5%.

Adding oil and gas, the country produced 3.8 million barrels of oil equivalent in April, an increase of 4.5% compared to March and a growth of 1.7% in relation to April of last year.

Petrobras, as a concessionaire, produced 2.2 million bpd in April, an increase of 4.4% compared to March and an increase of 0.4% compared to the same month of 2020.

The Anglo-Dutch company Shell, the largest private producer in Brazil and the main partner of Petrobras in fields in the pre-salt production, produced 370,788 bpd in April, up 6.3% from the previous month and down 3% versus April. 2020.

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